Over £100m investment for clean heat in GHNF announcement

GHNF

An investment of £100m has been made in clean heat, according to a new Green Heat Network Fund (GHNF) announcement.

A statement said the investment is set to kick-start commercialisation and heat network construction in eight low carbon heat networks in London, Bristol, the West Midlands, Lincolnshire and the North West.

This announcement comes shortly after it was announced that Triple Point Heat Network Investment Management has been contracted to deliver the government’s GHNF scheme until 2030.

The following organisations have been awarded GHNF funding:

  • Vattenfall receives £21.3m of support for the Bristol City Centre heat network, combining the Frome Gateway, Canons Marsh, and St Nicks’ heat networks.
  • 1Energy receives £23.2m for the Derby Energy Network, using waste water heat recovery technology.
  • Hemiko receives £15.5m for a heat network in Lincoln utilising waste heat from a data centre.
  • SWAN Partnership awarded £21m for the development of the South Westminster Area Network which will recover heat from the River Thames.
  • Sandwell Metropolitan Borough Council has been awarded almost £5m to build a town-wide heat network serving buildings across West Bromwich.
  • Trafford Council has been awarded £5.7m to build a heat network using heat pumps to recover waste heat for a range of buildings across Trafford.
  • Severn Wye Energy Agency awarded £1.7m for a waste heat recovery heat network sourced from a biochar production facility, that will serve buildings in a Warrington based business park.
  • East London Energy receives almost £9m for a dual heat pump system network, recovering waste heat from both a local river and existing chillers to heat a number of developments in the Olympic Park area.

Miatta Fahnbulleh, Minister for Energy Consumers, said: “Heat networks will play an important role in our mission for clean power by 2030, helping us to achieve energy independence and lower bills. 

“That is why this government is backing inventive projects, such as using heat generated by sewers or the River Thames to provide heating to connected businesses and homes, through the Green Heat Network Fund.”

Ken Hunnisett, programme director, added: “We’re thrilled to announce our largest funding announcement to date – a clear sign of the nation’s growing commitment to low carbon heat. The projects we’ve announced today represent some of the most forward-thinking and high-impact heat network developments we’ve seen. 

“£100m in funding is a huge milestone: a great reflection on the GHNF, the teams that will be developing and delivering them, and on the stakeholders that they’ll serve. From hospitals and homes to entire town and city centres, we’re proud to be accelerating the shift to cleaner, greener heating for communities across the country.”

No posts to display