Energy crisis
Substandard commercial properties will need £13.95bn to reach E rating, warns Rapleys
2023-03-31T08:40:00+01:00By Madeleine Knight
Rapleys has warned that 130,000 commercial properties across England and Wales face becoming obsolete with values effectively being wiped as the government’s commercial EPC targets take effect tomorrow.
Workspace Group’s Sonal Jain on why property must focus on operational performance to reach net zero
2023-03-30T07:00:00+01:00By Sonal Jain
Decarbonising any industry requires a strong collective effort and the right policy incentives to ensure that all industry players, big and small, are motivated to act. The Minimum Energy Efficiency Standards (MEES) regulations specifying a minimum Energy Performance Certificate (EPC) rating have certainly created the right imperative to act, but ...
Eco upgrading offers opportunities
2023-03-30T00:00:00+01:00By Joe Freedman
The office sector is truly being hit while it is down. Covid-19 sparked a destructive spiral and now the next level of Minimum Energy Efficiency Standards (MEES) comes into effect on 1 April, meaning all buildings will have to have a minimum EPC rating of ‘E’ – and from 2030, ...
Return of energy bill ‘cliff edge’ could force 370,000 firms to downsize or close
2023-03-29T15:23:00+01:00By Jamie Bennett-Ness
Around 370,000 small firms may have to downsize or close when hit with radically higher energy bills following the end of the Energy Relief Scheme on 1 April, the Federation of Small Businesses (FSB) has warned.
Burges Salmon’s Jack Mitchell on the rise of sustainable finance in the hotel sector
2023-03-29T07:00:00+01:00By Jack Mitchell
Given the built environment’s contribution both to greenhouse gas emissions and climate change, lenders that fund real estate projects have found themselves under pressure from governing bodies to show evidence that they are paving the way to a sustainable way of living.
Government allocates £1.8bn for UK housing retrofit drive
2023-03-22T15:38:00+00:00By Jamie Bennett-Ness
The government has allocated over £1.8bn in funding for a retrofit drive across social housing, aiming to boost energy efficiency and cut emissions in UK homes.
Zero VAT for solar installations sends 'clear message’ that the government is backing net-zero transition
2023-03-17T08:05:00+00:00By Lawrie Holmes
Warehouse providers welcome extension of the zero VAT rating for solar panels, heat pumps and insulation to battery storage, when either retrofitted to a solar photovoltaic (PV) system or fitted as a standalone unit.
Spring Budget: Hunt ‘missed the opportunity’ to reduce embodied carbon in retrofitting
2023-03-15T17:13:00+00:00By Madeleine Knight
The chancellor has been accused of missing the opportunity to introduce tax incentives for reducing embodied carbon in retrofit and refurbishment projects in this year’s Spring Budget.
Abode Heat raises alarm over scale of home EPC retrofits needed
2023-03-15T12:48:00+00:00By Lawrie Holmes
Renewable heat provider Abode Heat has reported that around 44% of homes may need to be retrofitted by landlords to meet Energy Performance Certificate (EPC) requirements by 2025.
Don’t underestimate EVs
2023-03-03T00:00:00+00:00By Lem Bingley
Tech titan and former world’s richest person Bill Gates observed, in the hastily rewritten second edition of his mid-90s book The Road Ahead, that the future often catches us napping.
Development site viability could be switched on by Ofgem connection reform
2023-03-03T15:16:00+00:00By Lawrie Holmes
Currently unviable commercial and residential development sites could become viable in the future as a result of changes to Ofgem’s connection policy, according to engineering consultancy Buro Happold.
A real energy crisis
2023-03-02T00:00:00+00:00
BNP Paribas makes error in its London commercial stock announcement.