Southwark's Liberal Democrat Executive Member for Regeneration, Cllr Richard Thomas, tonight launched a pioneering plan to create one of the UK's greenest multi-use energy schemes as part of the £1.5bn regeneration of the Elephant & Castle in central London.
At a meeting of the Executive, Liberal Democrat and Conservative members of the coalition agreed to look for a partner for the scheme, which will create an unprecedented sustainable infrastructure by establishing a Multi Utilities Services Company (MUSCo).
The plan has been developed in line with the Liberal Democrat commitment to ensure the regeneration is completed with no increase in carbon emissions, despite a 270% increase in floor space.
The MUSCo will provide locally generated heat, cooling and electricity for the thousands of extra homes and businesses. The plan will include:
· Use renewable energy sources and combined heat and power
· Connect the entire development with a high bandwidth fibre optic cable network, enabling energy management, intelligent building technology and the next generation of entertainment and connectivity for residents and businesses
· Supply 'green' water extracted via boreholes from an underlying chalk aquifer for non-drinking water uses, such as toilet flushing and irrigation
· Provide automated waste management
Commenting on the groundbreaking plans, Cllr Richard Thomas, Liberal Democrat Executive Member for Regeneration, said:
"This scheme will set new standards in green development and goes way beyond anything we have previously seen in the UK."
"We have a unique opportunity to build this level of sustainability into our plans for the Elephant &Castle and we have looked to a number of European cities where successful schemes are already in place."
"Such a pioneering scheme in the heart of London should be a beacon for showing how building new homes and businesses can be compatible with protecting the environment."
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