Decentralized Energy, Europe, Strategic Development

London aims at 25% from decentralized energy by 2025

The Mayor of London, Boris Johnson, has detailed steps to boost locally-generated energy to cut carbon emissions, create ‘green collar’ jobs and save money from fuel bills. The package of initiatives, developed in partnership with the London Development Agency, London First and London borough councils, are designed to attract investors whilst helping developers and borough councils to develop more local energy schemes.

The Mayor has a target to supply 25% of London’s heat and electricity from local sources by 2025, saying that the achievement of which would cut London’s carbon emissions by 3.5 million tonnes a year. The London Development Agency has allocated up to £16 million for decentralized energy projects over the next four years and is working on 14 projects currently across the capital.

Measures announced include:
• Powering Ahead – a prospectus for the private and public sector setting out the potential for more decentralized energy in the capital;
• A ‘Decentralised Energy Centre of Excellence’ within the London Development Agency to provide expertise and support to boroughs, including detailed heat mapping and ‘energy masterplanning’ offered to all boroughs;
• The London Heat Map – an interactive web-based map to help public organisations, property developers, social landlords and private investors identify the potential for decentralized energy opportunities in specific areas of London; and
• encouraging the Greater London Authority group to undertake decentralized energy opportunities, including using the London Underground to create a local market.