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With the Chancellor’s recent announcement that fossil fuel heating could be banned in all new homes built after 2025, there will no doubt be significant opportunity for low carbon heating into the future. However, while we wait with anticipation for building regulations to be updated, there is still strong potential for growth in UK heat pump market.
Delta-ee recently reviewed the opportunities and barriers for heat pumps to assess how the market is likely to develop over the next few years. Despite the uncertainties surrounding future support for heat pumps after the Renewable Heat Incentive ends in 2021, and the potential negative impacts of Brexit on the heating market (however that might eventually pan out!), our central forecast foresees the UK heat pump market doubling in size by 2025.
As the UK transitions to a new energy paradigm, incumbent players in the existing value chain, including gas network operators, face significant challenges to their current business models, and at Delta-ee we’re excited to help these companies to address these challenges.
There are any number of proposals for a long-term energy system aimed at addressing the energy trilemma. However, even where there is consensus as to the final shape of the energy system post 2050, there remains significant difference of opinion as to the most practical means of transitioning from today’s system to a fully sustainable one.
With our Customer Panel research moving into the next stages it is time for another edition in our series of blogs looking at some of the key insights coming from this ongoing research.
Our first exercise conducted earlier this year showed that there continues to be a mismatch between customers who buy microgen and those who want to buy it. The biggest factor that plays into this is the fact that many customers who want to install often cannot afford the upfront investment. However, we find that they are more than open to using alternative funding options that would solve the upfront cost barrier.
In my last blog I introduced the Delta-ee Customer Panel – a brand new resource made up of 1,000 UK homeowners. Our panellists will participate in numerous exercises throughout the year, enabling us to explore in detail customer attitudes to heat, energy, technologies, new business models, to name a few the key uses.
In this post I share some interesting findings from our first research piece with the panel and look specifically at what our participants say about the opportunity for energy storage.
We are very excited to announce the launch of the Delta-ee Customer Panel. This is a brand new resource made up of 1,000 panellists who will participate in a series of research exercises – to be conducted mainly as part of our ‘Heat Insight Service’ (HIS) programme for 2016/17.
The panel is made up of a highly-representative sample of UK homeowners – whose views, feedback and experiences will provide unique insight as we help our clients identify the key opportunities for growth in the domestic heating sector (which, irrespective of recent political events, will remain the continent’s largest heating market).
Energy storage continues to attract growing interest and growth prospects are very strong – although care has to be taken to get behind the announcements and separate fact from fiction. That’s what we have done in our recently published UK energy storage report, now available to our subscribers.
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