Emissions from residential buildings, primarily from the use of fossil fuel for heating, are a major source of the UK’s CO2 emissions. As a result, and as part of its 10 Point Plan to build back better and support the UK’s transition to Net Zero, the UK Government have set an ambition to deploy electric heating in residential buildings, by delivering 600,000 heat pumps installations per year by 2028.
However, the Climate Change Committee's 2021 Progress Report to Parliament states that this target is insufficient and should be upscaled to 900,000 installations per year by 2028, if the path to Net Zero is to be successful.
Greenpeace commissioned Cambridge Econometrics to explore the potential macroeconomic impacts of deploying energy efficiency measures and low-carbon heating technologies in the UK's residential buildings.
The analysis highlights the potential return on action to increase take-up of such technologies and inform the debate on policies needed to put the UK's household heating stock in the right trajectory for Net Zero.
