NNFCC News Review: Bioenergy Issue 126, September 2022

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Foreword

The price of natural gas remains at higher than average levels and demand shows little inclination to reduce as cooler winter temperatures approach. In addition to the high demand, storage is also at a lower than usual level for October. The impact of high prices and supply constraints will be felt widely across Europe and the US who are still heavily reliant on natural gas for domestic heating, despite attempts to decarbonise the sector. Over the longer term, gas prices are forecast to ease throughout 2023, as domestic production is ramped up to meet the current demand.

In the UK, policies have been introduced to reduce the reliance of the domestic heat market on fossil fuels, primarily to decarbonise the sector. One of the policies is the Boiler Upgrade Scheme (BUS) which has encouraged a transition towards air source heat pumps (ASHP), ground source heat pumps (GSHP), or biomass boilers, through the award of grants for the installation of equipment. Figures from the start of the scheme, between May 2022 and the end of July 2022 reveal...

Other News this Month Includes:

Policy

Government outlines plans to help cut energy bills for businesses
UK support for zero emissions freight

Markets

Latest UK energy statistics
EIA expects high prices for natural gas this winter with high global consumption and low inventories

Research & Development

Kiwa Hydrogen Production Plant Commissioned in the UK
Biomass research project to tackle climate change boosted by £2m investment

Biomass Heat and Power

HPP invests £1m in a new biomass burner
UK Boiler upgrade scheme - progress

Biogas

EBA applauds increased RED ambition but regrets missed opportunity to include biomethane target
Making food waste work harder in Stratford and Warwick Districts
More...