The cumulative additional cost of decarbonising the UK’s heating system by 2050 could be as high as £450 billion.
Utility Week 22nd May 2018 read more »
Element Energy and E4tech have been commissioned by the National Infrastructure Commission (NIC) to undertake an analysis of the cost of decarbonising the UK’s heat infrastructure, specifically space heating and hot water. The NIC intends that this work is able to inform the debate surrounding the deployment and operating cost of the various low carbon heating pathways, and helps to define their response to the infrastructure challenges associated with heating the UK in an ultra-low carbon future. The cumulative additional cost to 2050 versus Status Quo (discounted at 3.5%) is in the range £120-300 bn under the Central cost assumptions. Under the Best case assumptions, the corresponding range is £100-200 bn and in the Worst case assumptions £150-450 bn. The average annual cost of heating per household is found to be £100-300 higher in 2050 than in the Status Quo.
National Infrastructure Commission 17th May 2018 read more »
Cost of low carbon heating infographic.
National Infrastructure Commission 17th May 2018 read more »