£67.23m of DE projects to be delivered in London

22 April 2013: A useful update on some of London’s key decentralised energy (DE) projects being supported by the Mayor has been produced for the GLA Investment and Performance Board meeting taking place tomorrow (23 April). The Mayor’s Decentralised Energy Project Delivery Unit (DEPDU) is a three-year programme set up in August 2011 with €3.3m funding, 90% of which was secured from the European Investment Bank’s ELENA facility.

The paper (link to paper, direct here) sets out that the GLA has a contractual target with the EIB to deliver £67.23m of DE projects to market before the 3rd of August 2014.   The following projects as of 31st December 2012 have been taken to market through the GLA’s Decentralised Energy for London programme and, as agreed with the EIB as eligible projects. Together, they represent £42.3m, or 64% of the final ELENA target.

Project Eligible CAPEX (£) Construction completed CO2 savings (t/year) Project stage
Islington Bunhill Phase 1 £6,499,107 2011 2,950 Operational
Cranston Estate £7,800,000 2011 1,200 Operational
Crystal Palace CHP £1,490,000 2011 1,850 Operational
Olympic Fringe Extension £1,350,000 2011 960 Operational
Royal Free £6,073,621 2012 4,060 Operational
Brent South Kilburn £17,170,000 Unknown* 835 Procurement
Lewisham Goldsmiths College £1,911,706 2014 947 Construction
TOTALS £42,294,434 12,800

The paper states that when “fully developed and in operation, these projects will contribute with 4.7 MW of installed electrical capacity (and 35.7 MW of installed thermal capacity (enough to provide heat and power to 6,000 homes) to London’s generation from DE sources and will save up to an estimated 12,800 tonnes of CO2 per annum.

“In addition, the DEPDU is also currently supporting the development of an additional 22 projects with a combined value of £304m. Of these, five are in advanced stages of development, and are expected to be brought to market within the following 12 months.”

Project Estimated CAPEX (£) Construction completed CO2 savings (t/year) Project stage
Euston Road £7,025,000 2014 4,594 Procurement
Westminster PDHU / Whitehall £5,480,000 2015 5,500 Business case
SELCHP £6,000,000 2013 3,395 Construction
LSIP £2,000,000 2014 1,584 Procurement
Haringey North Tottenham £8,060,000 2016 5,148 Pre-feasibility
TOTALS £28,565,000 20,200

When fully developed and in operation, the paper states “these projects will contribute with 3.2 MW of installed electrical capacity and 90 MW of installed thermal capacity (enough to provide heat and power to 14,000 and 4,500 homes respectively) to London’s generation from DE sources and will save up to an estimated 20,200 tonnes of CO2 per annum.”
The paper goes on to say that the “paper does not include projections on jobs created. However, it is our intention to incorporate estimates of jobs created for future reporting and we will work with GLA Economics to establish a robust methodology.”
Further information on many of these projects can be found by searching on this website.

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