Tamsin Lishman, Kensa Group’s CEO, has welcomed the introduction of the Clean Heat Market Mechanism’s potential to boost investment in UK supply chains and manufacturing facilities.
Tamsin said: “I enthusiastically welcome the government’s confirmation of the introduction of the Clean Heat Market Mechanism (CHMM) from next year. This is a hugely important tool for heat pump manufacturers like us, helping to provide certainty for the future growth of the heat pump market and providing us with the confidence to continue to invest in the UK.
“Kensa’s ambition to grow its heat pump production and installation ten-fold over the next decade, supporting over 7,000 skilled jobs, will hugely benefit from the additional certainty this mechanism will provide. The continued growth of companies like ours is critical to both reaching the government’s target of 600,000 heat pump installations a year by 2028 but also ensuring the British economy benefits as much as possible from this transition.
“To truly unlock the potential of green British manufacturing, the Clean Heat Market Mechanism must also be accompanied by supporting measures, including action to bring down electricity prices and changes to building regulations to make heat pumps the default option for new homes. Once again, I welcome today’s announcement and look forward to working with the government on the CHMM and on our road to net zero.”