River Thames heat network project receives £90m government funding, targets £5bn investment
businessgreen.comThe UK government has confirmed a new £90m funding wave to support heat network delivery in London, Bradford, and Solihull, including a major 'mega heat project' under and alongside the River Thames. The Thames scheme could supply low carbon heat to up to 650,000 homes and is expected to unlock £5bn in investment, though the funding announcement covers only a fraction of that figure. In addition to the new projects, 76 existing heat networks will receive upgrades. The funding is part of a broader push to expand low carbon heating infrastructure in the UK. The success of these schemes will depend on execution, grid connections, and whether private capital follows the initial public support.
