Queen's Speech 2022: Energy Bill to extend price cap and encourage innovation across sector

By Daniel Gayne2022-05-10T13:44:00

Source: Shutterstock

But industry criticises absense of retrofit measures

New legislation will extend the energy price cap and support the creation of a new market standard for heat pumps in a bid to transition the UK toward cleaner and cheaper energy.

The measures will be included in an Energy Security Bill, announced today in a Queen’s Speech which also saw the government commit to creating a UK Infrastructure Bank, dedicated to supporting growth and delivering net zero.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community