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Addressing the provision of heat is an important part of decarbonising the wider energy system.

This is an increasing area of focus for both the public and private sectors, with strong pipeline of projects being developed.

There are many challenges in developing a heat project, which must be overcome to ensure a successful outcome. Additionally, the bespoke nature of such projects means that each one must be considered on its own merits and developed independently. This includes areas such as:

  • Heat load and connection evolution;
  • Heat pricing;
  • Other revenue sources, such as RHI or associated electricity sales; and
  • Commercial and delivery model, including sources of finance and ownership structure.

We have worked extensively on projects across the UK from producing outline and detailed business cases, including undertaking detailed financial models, through to supporting authorities through the procurement process.


QMPF can assist in areas such as:

  • Business case development;
  • Financial modelling, investment appraisal and sensitivity analysis;
  • Providing structuring advice;
  • Procurement support;
  • Fundraising for projects;
  • Interacting with other stakeholders, such as the UK Government’s HNIP programme or Scottish Government’s LCITP programme

For further information contact:

Andrew Wilkinson

+44 (0)131 222 2604

Andrew Dougans

+44 (0)131 222 2601

Cardiff District Heating Scheme

QMPF was engaged by Cardiff Council to provide a financial model and narrative for the Financial Case of the Outline Business Case for its district heating scheme

Glenrothes district heating network development

Assistance in the structuring, financial modelling and business case development for a heat network in Glenrothes.