Abstract:
The case for heat decarbonisation is widely acknowledged, with studies showing that it is more cost effective to tackle CO2 emissions from buildings than cutting more deeply in other sectors. The real challenge is establishing new heating solutions that substantially remove natural gas use from homes whilst making the solutions financially viable and attractive to consumers. Around 20,000 homes each week will need new heating system installations between 2025 and 2050 to meet decarbonisation targets; a rate fifty times greater than achieved to date. The current market will not deliver at scale for residential low carbon heat transition given: unappealing consumer propositions, a fragmented industry structure, a lack economic drivers and need for holistic policy framework. The Energy Technology Institute commissioned the Energy Systems Catapult to deliver a business model development project to develop a number of specific business propositions that could stimulate new thinking for models to be introduced into the market from just before 2020 through to the late 2020’s.
Five complementary business models are considered in order to stimulate new thinking on addressing affordability and engagement in residential low carbon heating for all homes and consumers, including the fuel poor:
Publication Year:
2016
Publisher:
ETI
Author(s):
Watkins, J. and Farrington, J.
Energy Categories
Class Name:
Subclass Name:
Category Name:
Language:
English
File Type:
application/pdf
File Size:
1038813 B
Rights:
Energy Technologies Institute Open Licence for Materials
Rights Overview:
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Further information:
N/A
Region:
United Kingdom
Related Dataset(s):
No related datasets
Related Project(s):
Smart Systems and Heat (SSH) Programme - Business Model Development
Related Publications(s):
SSH Stagegate 1 - Review of International Smart Systems and Heat Initiatives - Final Report