There is no getting around it. As a culture, we are not easily herded when it comes to investing in our property infrastructure and particularly low carbon and renewable technology. Councils can offer us group buying schemes (e.g. ‘solartogether.co.uk’) and suppliers can propose innovative ownership schemes (e.g. Kensa Engineering), but at the end of the day we like to trust no one and feel we are captains of our own ships.
Unfortunately, if this situation doesn’t change then our collective need to hit carbon Net Zero in the next ten years is going to fail. That will have drastic consequences. The Government is not going to impose a requirement for existing buildings to be retrofitted and there is uncertainty that Building Regulations are going to raise the bar and require new buildings to meet Net Zero standards (a two-part consultation on proposed changes to Part L and F of the Regs are underway).
If Government cannot go far enough, this leaves the market to take the initiative. The good news is that there is no shortage of innovation from suppliers in creating the products which can deliver carbon reductions. The bad news is that they need projects at scale to prove both the technology and the business models to investors, and to reduce unit costs to make them more affordable to end users. Without investment, projects at scale will not so readily happen.
This is the challenge; what of the solution? This tackle this in the next PyTerra blog, but as a teaser, the evidence points to two groups that need to take action: solution suppliers and community organisations.
© David Arscott June 2021