Source - KMS Baltics
Timber investors in the UK are likely to welcome a new £3 million government scheme aimed at installing biomass boilers into social houses.
The Department of Energy and Climate Change has announced the initiative will be targeted at tenants who are having the most difficulty in paying their energy bills each month.
As well as biomass boilers – which rely on wood to power them – solar hot water panels and heat pumps will also be made available to struggling households.
The wood-fuel boilers will burn pellets in order to produce hot water and it is hoped the widespread adoption of the equipment will reduce the UK’s dependence on fossil fuels, which are harmful to the environment and leave consumers at the mercy of commodity price fluctuations.
“Improving and greening Britain’s homes must make strong financial sense if we are to provide a real sustainable alternative to expensive old heating systems,” commented energy and climate change minister Greg Barker.
Last week, energy minister Charles Hendry sanctioned the building of two new biomass power plants in Yorkshire and Lincolnshire.
This news item is brought to you by KMS Baltics in conjunction with Fest-Forest and EST KINNISVARA.
