Heat pumps set to replace gas boilers
Heat pumps increasingly look set to replace gas boilers in domestic properties as part of the UK government’s highly ambitious plans to tackle climate change. Last year the residential sector produced just over 20% of the country’s carbon emissions, so it is vital for government to tackle the domestic market if it is to meet it’s 2050 ‘net zero’ target.
The imminent but long-awaited government Heat and Buildings strategy should provide more information. However, the recently stated plan is for the installation of some 600,000 heat pumps annually by 2028. Homeowners could face bills of thousands of pounds to replace gas boilers with heat pumps, so incentives or other supporting measures will be necessary. Measures to incentivise heat pump installation could potentially include subsidy, boiler scrappage and/or realigning levies on electricity compared to gas. Boiler providers may even be required to sell a quota of heat pumps alongside gas boilers.
This week The International Energy Agency recommended that no new gas boilers should be sold after 2025 to help keep the world on track to meet global 2050 climate targets. While the IEA recommendations are not binding on the UK, the government will also be watching how other countries are tackling the challenge of replacing gas boilers.