The Clean Heat Market Mechanism Regulations 2024

Summary

The UK government aims to significantly increase heat pump installations to 600,000 annually by 2028 as a crucial step towards achieving its net zero targets. To address this, a Clean Heat Market Mechanism (CHMM) will be introduced, requiring gas and oil boiler manufacturers to accrue credits by facilitating heat pump installations proportional to their boiler sales. This legislative measure, planned for implementation in April 2024, is designed to drive the supply-side growth of the heat pump market and is part of a broader decarbonisation framework.

Key Facts

Source Document

https://example-government.gov/policy-document-link