The Energetik Meridian Water Heat Network and energy centre project has received a further £24 million in funding to expand across the London Borough of Enfield.
The Energetik community heat network has received further funding to expand across the London Borough of Enfield.
The Heat Networks Investment Project (HNIP) has awarded £24m for the construction of the Meridian Heat Network, following an initial grant and loan award of more than £14m in 2020.
The additional funding will increase the network’s reach and enable Energetik to supply low carbon heat to some 50,000 homes, building on its previous forecast of 15,000 connections by 2026 and making this scheme the largest to be awarded HNIP funding to date.
Energetik was established by Enfield Council to provide better value energy that’s reliable and environmentally friendly. It is working with partners to build the Meridian Water Heat Network and energy centre on the Edmonton Eco Park.
This will make use of waste heat generated by North London Waste Authority Recovery Facility once complete in 2026, delivering low carbon waste heat to customers through a network of underground district heating pipes. The heat, which would be otherwise wasted, will be distributed to connected homes and businesses through a network of insulated underground pipes.
The extensions will link together and significantly decarbonise all existing heat networks in the London borough by connecting them to the upcoming energy centre.
“This funding decision is extremely positive for Enfield and our company,” said Jayne Clare, managing director, Energetik. “The expansion of our low carbon heat networks will provide the required infrastructure to unlock untapped potential and deliver maximum carbon savings across the borough. This an immense step forward towards achieving Enfield’s carbon goals.”
The northwards extension will link the Meridian Water Heat Network with the existing Ponders End Heat Network, serving two new housing developments comprised of more than 3,300 homes and the civic centre building in Enfield Town.
The westwards extension will follow the route towards the Arnos Grove Heat Network, heading north towards the Oakwood Heat Network and connecting two care homes along the way.
“The expansion will provide the required infrastructure to unlock untapped potential and deliver maximum carbon savings. This an immense step forward towards achieving Enfield’s carbon goals”
These extensions are a strategic step forward for Energetik, maximising the long-term decarbonisation potential by allowing more homes and buildings to benefit from heat that would otherwise be wasted.
“Energetik was one of the very first projects to be awarded through the Heat Networks Investment Project and it is great to be able to support them further with a second award in the scheme’s final year,” said Ken Hunnisett, project director at Triple Point Heat Networks Investment Management.
He added: “One of the major benefits of heat networks is its ability to expand and decarbonise over time, and Energetik is a shining example of how this can be done for the benefit of a significant 50,000 homes across North London.”