Mitsubishi Electric response to CCC Carbon Budget

Following the announcement of the Climate Change Committee’s Seventh Carbon Budget today, here is expert comment from Russell Dean, Deputy Divisional Manager at Mitsubishi Electric.

It outlines why the government needs to make alternatives like heat pumps more financially viable for households, and provide greater certainty on the transition to renewable heating.

This is particularly crucial following the rise in the energy price cap announced yesterday – with households now facing an £111 annual increase in bills.

“Accelerating heat pump adoption will play a crucial role in achieving net zero; this is a clear message in the Seventh Carbon Budget announced today. Demand for these renewable alternatives is growing, yet consumers and industry need certainty from the government,” Russell comments.

“Direction from the government will give industry and consumers the confidence they need to make the switch. If the government rebalances the wholesale price of electricity with gas, it will make the switch to renewable forms of heating more financially viable for many.

“Greater clarity on the Future Homes and Building Standards is also needed, and this will encourage businesses to invest and accelerate innovation in the renewable heating sector. This will create jobs and free the UK from the global oil and gas market volatility. 

“With the right policies in place, the UK can not only shield UK households from rising energy costs, but support the transition to net zero.”

Mitsubishi Electric Living Systems,
Travellers Lane,
Hatfield,
Hertfordshire,
AL10 8XB
United Kingdom

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