MEEF provided £15 million to the London Borough of Enfield (‘Enfield’) to part-finance the construction of their Meridian Water Heat Network which will supply over 10,000 new homes and businesses with low carbon heat and hot water 

Sector
Status
Location
Ownership
Financial close
Concession term
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THE BACKGROUND

The Meridian Water Heat Network (the ‘Network’) is part of a £6 billion regeneration programme led by Enfield Council. The communal heat network replaces local energy generation by supplying heat and hot water through a network of new pipes. This method of energy supply is a proven technology to help reduce the amount of carbon emissions generated in heating London’s homes. The first customers are estimated to be connected to the Network from 2022 onwards.

The Network is forecast to save nearly 5,000 tonnes of carbon dioxide per year compared to gas-fired heating and will source waste heat from the Edmonton Energy Recovery Facility at the North London Waste Authority EcoPark from 2026 onwards.

Enfield’s energy company, Energetik, will deliver the scheme on behalf of the Council. Energetik procured Vital Energi to design, construct and operate the energy centre and heat distribution network to serve the Meridian Water development. Switch2 have been appointed to undertake the customer service operations.

MEEF secured match funding from the Heat Networks Investment Project (‘HNIP’) and Santander.

SDGs Supported

Facts

Carbon savings per annum (tonnes)

4972 t

Number of new homes forecast to connect into the network

10,000

SDGs Supported