The Market Based Mechanism for Low Carbon Heat consultation drafts business-led plans to drive the sale and installation of heat pumps in the UK market.
This consultation follows the recent Heat and Buildings Strategy, which outlined how the government intends to meet its decarbonisation targets for the broader build environment. In the Strategy, government stated its ambition to reach 600,000 heat pump installations per year by 2028, and for heat pumps to achieve cost parity with conventional gas boilers by 2030.
The market mechanism in the latest consultation sets proposals to make gas boiler manufacturers sell a certain number of heat pumps. An alternative proposal would have energy s