Achieving the tough carbon reduction targets outlined in the government’s latest carbon budget is likely to be hampered by the current lack of clarity on the Renewable Heat Incentive (RHI), warns Dimplex Renewables.
Energy and Climate Change Secretary Chris Huhne has presented the UK’s fourth carbon budget, which sets the challenging goal of cutting CO2 emissions by 50% on 1990 levels by 2027, en route to emissions cuts of at least 80% by 2050.
Chris Davis, Business Development Director at Dimplex Renewables, comments: “While Mr Huhne describes a 2027 Britain transformed for the better with warmer homes transformed by green energy, in reality the push towards achieving these targets is off to a slow start, with the recent disappointing introduction of the RHI.
“The UK currently has four million off-gas homes largely reliant on fossil fuels that could be tackled straight away by switching to renewable forms of heating, yet the introduction of the RHI for domestic installations has now been pushed back to October 2012, while the benefits of air source heat pumps in terms of cost and ease of installation have been overlooked entirely for the moment.”
The carbon budget’s target for the period 2023-27 makes it a world first; no other country has made legally binding commitments to ambitious emissions reduction targets for the 2020s. It’s anticipated that the Green Deal, electricity market reform and the Green Investment Bank will be key elements in achieving these reductions.
“The renewables industry is more than ready to make the transition to a low carbon economy as we have the products, the expertise and the people,” continues Chris. “But thanks to the gaps in the recent RHI announcement, what we don’t currently have is sufficient market stimulus. The industry needs clarification on these gaps at the earliest opportunity.”