Vattenfall has been featured by PA Media, citing the investment opportunity presented by heat networks.
The article highlights that the opportunity that exists in the UK is ‘worth billions’ as part of the government’s target for 20% of the population to be connected to heat networks by 2050.
Jenny Curtis, Vattenfall MD, was interviewed by PA Media, and discussed the projects Vattenfall is engaged in, alongside advice for how the full scale of the heat network opportunity can be realised. This includes the need for collaboration in the early stages of development, raising awareness with consumers, upcoming zoning regulation and levelling the playing field with other low carbon technologies and gas.
Links to the coverage by PA Media are below.
"Heat networks are investment opportunity ‘worth billions’ – energy company boss"
As the European leader in heat networks, Vattenfall is looking to invest more than £1 billion in the infrastructure needed to deliver heat networks at scale in the UK, and we are already developing networks in 3 UK cities: London, Bristol and Midlothian, on the outskirts of Edinburgh.
Our heat networks
The Bristol heat network
We're expanding the heat network to support Bristol City Council's city-scale decarbonisation. The network currently serves almost 6,000 customers.
The MEL heat network
Our joint venture with Midlothian Council, the MEL heat network will intitially supply 3,000 customers and welcome its first customers in 2024.
The Brent Cross Town heat network
We're working in partnership with Related Argent and Barnet Council to deliver a heat network for 6,700 new homes and three million square feet of commercial space.
To find out more about the work we are doing and how heat networks can form a part of your decarbonisation plans, please get in touch.