The UK is to spend £300m ($450m) to support heat networks, the government announced yesterday.
The funding will go to 200 heat networks across the country and open the door to £2bn of infrastructure investments in UK cities.
The national Association for Decentralised Energy (ADE) said 15 heat network projects across the UK are ‘ready for investment now’.
Dr Tim Rotheray, ADE director, said: ‘The £300m in heat network investment announced today is a real result for businesses and householders. Heat network infrastructure creates stronger local economies, controls energy bills, and improves the productivity of our energy system, while meeting our decarbonisation targets at least cost.
‘The money for heat network infrastructure represents a milestone in the development of a long-term strategic framework for heat.’
The announcement from the government came as the ADE held its Heat 2015 conference, which featured calls for a more stable heat policy framework.