Engie has begun work on district heating scheme in the Nine Elms redevelopment area of London • Public Sector Decarbonisation Scheme launched in the UK • The Green Finance Institute has launched a Zero Carbon Heating Taskforce • The city of Hull takes steps towards the development of district heating network • Read more about district heating developments in the UK in the September news update
The Nine Elms area is one of London’s largest brownfield sites, primed for regeneration and construction developments. These future developments will be served by a new district heating network provided by energy company Engie. Work on the first phase of the project has commenced, which will include a 3MW generation capacity energy centre and a network of 1.5 km of pre-insulated steel pipes with the possibility to expand. Once finsished, the network is expected to serve 3,500 homes and 75,000m2 of commercial space.
The scheme, which will be delivered by the non-departmental public body Salix, will offer £1bn of grant funding to achieve two objectives:
The scheme is focused on projects within capital energy efficiency and heat decarbonisation for public sector non-domestic buildings. Funding will be available for public sector bodies including eligible central government departments and their non-departmental public bodies in England.
The Norwegian waste tire recycling company Wastefront and the Sunderland City Council are planning construction of a green recycling facility in the Port of Sunderland. Recycled tires will be repurposed into resources such as liquid hydrocarbons and carbon black to be further reutilised as fuel or manufacturing of crumb rubber. Furthermore, the heat generated by the recycling plant will be recovered and used for industrial or residential purposes.
In an effort to unlock investment in the heating sector, the Green Finance Institute has launched the Taskforce as a part of its Coalition for the Energy Efficiency of Buildings (CEEB). The Taskforce will include a range of stakeholders from local and national government, energy and construction sectors, financial services and academia with the target of developing financial pathways to decarbonised heating. The Association for Decentralised Energy (ADE) is a member of the Taskforce, and will contribute to making the low carbon investment landscape more attractive.
Hull has ambitious plans for transitioning to a low carbon economy through the Hull 2030 Carbon Neutral Strategy. The Hull District Heating Project is a part of the Council’s decarbonisation efforts and would provide low carbon heat to thousands of Hull homes, offices and other buildings when realised. A tender process has begun to produce plans regarding the network and its implementation, which will be followed by a business case acting as decision basis for the project development.
Adven, which is a clean energy provider with a strong presence in the Nordic and Baltic regions, has been under the ownership of Infracapital (M&G’s infrastructure investment arm) and the Australian investment manager AMP since 2016. Adven will be purchased by institutional investors and is expected to fetch over 15 times their core earnings. Read more in Adven’s press release here >
Fortum’s district heating assets in Poland and the Baltics is also up for sale, as the Finnish utility aims to streamline its business. Due to the fact that these assets have exposure to coal, investors are seeking a discount compared to the sale of assets such as Adven above. Read more in the article by Reuters here >
Sweden is at the forefront of decentralised heat networks technology. Our aim for “Sustainable Heating & Cooling by Sweden” is to facilitate knowledge sharing between British, French and Swedish stakeholders and develop and encourage environmental and economic best practice.
To find out how we can help you and your organisation, please contact our London or Paris-based “SHC” teams. We can introduce you to leading consultants, suppliers of technology and services who will be pleased to share know-how of the development of sustainable heating & cooling solutions.