ECA - Presentation 2012 - The Move to Electric Heating, a Strategy for the Future

ECA

ECA - Presentation 2012 - The Move to Electric Heating, a Strategy for the Future

Published: 5 August 2013 · Category: Magazines and newsletters

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Martin Orrill British Gas The Move to Electric Heating A strategy for the future Slide 3 Agenda…….. • • • • • • • Back to the Future! - video Market context and opportunity Political context and opportunity Electric Heating – applications and how it works Case studies and UK’s largest deployment Renewable heating - video The challenge of how we make it happen Slide 4 The Renewable Heat Market… A sleeping giant? Fact - Heating accounts for 47% of UK’s CO2!! – 69% gas, 10% oil, 14% electricity. – 2 million homes on oil – A key target Target - 15% of UK energy from Renewables by 2020 Target - 12% of heating from Renewables by 2020: Actual - 1% of heat today from renewable sources Note - RHI installations qualify for the Carbon Reduction Commitment. 5 The Renewable Heat Incentive……. World first - First financial support scheme for renewable heat in the world The Renewable Heat Incentive plans to revolutionise the way heat is generated in homes and business’s in the UK The RHI will provide long-term financial support to renewable heat The RHI provides a key incentive for our energy future where both carbon reduction and energy security are assured Note – its very different to the Feed in Tariff…………… 6 The Renewable Heating market is being driven by government subsidy, rising fuel costs and building regulations, but there are still challenges to overcome: Renewable Heat Incentive (RHI, due Oct 2012, will make renewable heat very attractive cost wise Retrofit (the largest market)...