Published by maria gbaf
Posted on September 7, 2021
1 min readLast updated: February 12, 2026
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(Reuters) – The UK government said on Tuesday it has launched a new 270 million pound ($373.63 million) fund in its bid to gradually transition away from gas boilers over the next 15 years.
The Green Heat Network Fund (GHNF) will only support low-carbon technologies, such as heat pumps, solar and geothermal energy, which would enable more places in the country to use these from 2022, according to a statement https://bit.ly/3zLcyB3 from the government.
GHNF is expected to fund the delivery of enough total carbon savings by 2050 to equal taking 4.5 million cars in England off the road for a year, the statement added.
($1 = 0.7226 pounds)
(Reporting by Juby Babu in Bengaluru; Editing by David Gregorio)
The Green Heat Network Fund (GHNF) aims to support the transition away from gas boilers by funding low-carbon technologies such as heat pumps, solar, and geothermal energy.
The UK government has launched a £270 million fund to support the development of green heating technologies.
The GHNF is expected to deliver total carbon savings equivalent to removing 4.5 million cars from the roads in England for a year by 2050.
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