Inside Housing – News – Boiler suppliers club together with hydrogen price promise
news07/30/212:40 pm by Tim Clark
The UK’s largest boiler manufacturers have announced plans for a new price pledge that means a hydrogen-powered boiler will cost no more than its natural gas equivalent.
Boiler supplier club together with hydrogen price promise #ukhousing
Manufacturers Worcester Bosch, Vaillant, Baxi and Ideal have agreed to the joint initiative that could save consumers up to £ 2.3 billion in costs. The agreement was made to help the UK move from natural gas to the less CO2-emitting hydrogen heating system.
According to the four manufacturers, each hydrogen boiler will be designed to run on natural gas initially, with a maximum of one hour of work required to convert it to hydrogen.
Mike Foster, chairman of the boiler industry trade association, the Energy and Utilities Alliance (EUA), which brokered the deal, said the price promise was an important boost to consumers and the fight against climate change.
“Our own research shows us that consumers want to do their part to reduce the impact of their home and contribute to a greener future, but they are concerned about the cost of some low-carbon technologies.
“This Big Four price promise ensures consumers have access to an affordable, low-carbon heating and hot water solution.”
The price promise was made in a letter to Economics and Energy Minister Kwasi Kwarteng.
Mr Foster added, “The Climate Change Committee, which advises the government, estimated that a hydrogen-fired boiler would cost £ 100 more than a natural gas boiler and that the total cost to consumers of decarbonizing their homes would be £ 2.3 billion would. The price promise is very high for consumers. “
The EEA’s most recent report, Too Close to Home, shows that tackling climate change is seen as a priority for consumers, but the majority are unwilling to pay more than the cost of a new boiler.
Hydrogen-ready boilers can be installed to run on natural gas but are easily converted to hydrogen and have been successfully tested by the Health and Safety Executive, which published their results earlier this month.
Mr Foster said that behind the price promise is British ingenuity.
“This is another example of UK companies leading at net zero. Manufacturers have made very clever use of existing components and technologies to keep the price of hydrogen-ready boilers down. In addition, hydrogen-ready boilers work just like natural gas boilers with no changes to piping, radiators or the installation of a water tank, ”he said.
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