The Heat Network (Market Framework) Regulations 2024

Summary

Heat network customers in Great Britain currently lack sufficient consumer protection compared to other energy consumers, causing detriment. To address this, the Department for Energy Security and Net Zero proposes the Heat Network (Market Framework) Regulations 2024. These regulations establish Ofgem as the market regulator, requiring heat networks to be authorised and meet guaranteed performance standards to ensure consumer protection and support heat decarbonisation. The implementation is planned for April 2025, with an estimated net cost to business of £10.8 million and a negative overall net present value of -£13.8 million, despite significant consumer benefits.

Key Facts

Source Document

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