DEEP is a £3.5m project to provide public sector intervention and support to large-scale Decentralised Energy (DE) projects in London. In order to achieve this, DEEP have set up an OJEU framework through which they will procure strategic, technical, commercial, financial and legal advisory support services.
We are thrilled to have been selected for the framework which is made up of consultants with specialist skills to help others deliver significant CO2 reductions at market-competitive prices and increase renewable energy generation through decentralised energy in our capital city.
DEEP aims to:
- deliver over £87,500,000 of capital investment in DE projects
- contribute towards the Mayoral target of 25% of London’s energy coming from DE sources by 2025
- achieve significant net CO2 emission savings
- build confidence in and de-risk the market
- inform and influence local and national Government policy
- generate market efficiencies and common practice/standards
- enable London’s energy infrastructure to economically transition to a zero carbon supply by 2050 and to incorporate the use of renewable energy sources
- create at least 955 jobs.
Ben Lynch of Sustain said “Following a tender process, we are pleased to have been selected for several categories of the framework including energy distribution and supply in buildings, secondary systems design and controls, feasibility studies, business case/planning, energy strategies and masterplanning. We recognise that public sector intervention is necessary to bring forward large-scale decentralised energy projects and we look forward to helping others develop and bring their DE projects to market.”
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This article originally appeared on the Sustain website.