WEMO24-Compiled Report-Interactive compressed (002) 4154-7882-8116 v.1 - Flipbook - Page 300
Market Data
Customers
ENERGY IN
THE REGIONS
HOME
Government incentives & support schemes
FIGURE 25
In the UK, the Government offers grants to homeowners for energy efficiency upgrades of buildings
Regions
Countries
Key Government Incentives/ Policies
Spain’s 2022–2025 State Housing Plan
Key Insights
• This program deals with funding measures to reduce energy demand in homes and buildings, in terms of both heating and cooling,
reducing the consumption of non-renewable primary energy and replacing exterior elements (thermal insulation, changing windows).
• Grants will cover 40% of procedure costs, with a limit of €3,000 per home. An essential requirement for this is that the home in
question must be a primary and permanent residence.
Spain
Italy
PREE 5000
• This subsidy is aimed at small towns with a population no greater than 5,000 inhabitants. It includes changing a building’s thermal
enclosure, replacing fossil-based heating systems for renewable energy sources and improving lighting e昀케ciency. Changes to
thermal enclosures are subsidized for the amount of 50%–40%, while changes to heating systems receive 40%–30% and lighting
improvements get 20%.
Superbonus 110%
• Until 2023, this relief allowed property owners to bene昀椀t from a signi昀椀cant tax credit up to 110%, encouraging energy improvement
interventions and seismic risk reduction. However, from 2024, the Superbonus rate is reduced to 70%, reserved exclusively for
condominiums. This represents a signi昀椀cant change from the dual version of 110% and 90% currently in place.
Home Energy Grant
• HUG is a government initiative that’ll deliver up to £700 Mn in funding between 2023 and 2025. It is a local authority funding program
designed to provide energy e昀케ciency upgrades, such as new windows and loft installation, and also low-carbon heating, such as solar
panels and heat pumps, to households in England.
Home Energy Scotland Grant
• Homeowners in Scotland can apply for the Home Energy Scotland grant and could get up to £15,000. They could get: up to £7,500 for
energy e昀케ciency improvements; up to £7,500 for clean heating systems.
Social Housing Decarbonisation Fund
• In 2019, the UK government committed to the Social Housing Decarbonisation Fund (SHDF). They proposed making £3.8 Bn available
over a 10-year period, aiming to help decarbonise a signi昀椀cant amount of social housing stock held within the UK. The fund is there
to be used to improve measures such as ground source heat pumps, which will, in turn, help tackle fuel poverty.
Smart Export Guarantee (SEG)
• The SEG o昀昀ers export tariffs for a variety of small-scale low-carbon energy generating technologies, as a means to encourage UK
homeowners to pursue renewable energy. Under the SEG, energy companies will o昀昀er tari昀昀s for the renewable energy exported to
the National Grid.
Europe
300
Of gigafactories are in China (291 gigafactories)
Source: Repsol Foundation, E.ON, mygov.scot
WEMO 2024
United Kingdom
