Following the publication of the Government’s Spending Review and Infrastructure Strategy today, BEAMA has welcomed the further steps announced in making progress to net-zero. However, as the documents note, we will have to wait a little longer for more details in the Energy White Paper and Heat & Buildings Strategy.
BEAMA CEO Dr Howard Porter said: “Given the predictably gloomy economic outlook, the launch of a new infrastructure bank, bringing together public and private sector and with an objective to work towards net-zero, is welcome. A key ask of our ‘Net-Zero by Design’ paper published last year was a better framework for manufacturers to invest. We hope the new structures can be backed up by some more policy clarity in the weeks to come, as Government has promised.”
The announcements today confirm some funding to implement measures in the Prime Minister’s Ten Point Plan, including more for the rapid charging fund, and extensions to the Green Homes Grant and Energy Company Obligation.
The new Infrastructure Strategy also vindicates some key BEAMA positions, including a recognition of the need for network reinforcement and large scale no-regrets actions to prepare homes for low carbon heat. We hope that the Future Homes Standard will be brought forward as is hinted at, and that Government will continue to increase its cross-department working to meet net-zero.