Clean energy-tech firm Aira has raised €150m from existing investors to expand heat pump production, R&D, and operations as it targets Europe’s 130 million gas boilers.
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Millions of UK homeowners are set to receive grants and low-interest loans to install solar panels and batteries, helping cut bills and boost the push for clean energy by 2030.
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The government is facing admonition from the National Audit Office (NAO) over insufficient progress in encouraging households to transition to clean heating, with uptake of heat pumps falling significantly short of expectations.
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The UK is experiencing a surge in the adoption of renewable energy technologies, with a significant rise in heat pump and solar panel installations compared to previous years.
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The Government does not plan to delay its proposals to phase out gas boilers in homes and replace them with heat pumps.
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Results from the first major survey of heat pump users shows that over 80% of households that have switched from a gas boiler to an electric heat pump are happy with their new heating system.
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Octopus Energy has announced that they are launching a heat pump the same price or cheaper than a typical gas boiler as a price war with rival British Gas intensifies.
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One of Britain’s biggest housebuilders will scrap gas boilers in all detached houses that it builds and will fit air-source heat pumps instead.
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National targets for replacing gas boilers in the push to net zero are based on unrealistic assumptions about the number of installers required, a trade group has warned.
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British Gas has kicked off a price war for heat pumps as the drive to replace gas boilers gathers pace.
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