The regeneration of the area creates a new community on the 4.7-acre former industrial site, which was once home to a tannery and the Crosse & Blackwell Branston Pickle factory.
With an industrial background and a real feeling of community in the area, it seems fitting that the development should benefit from a district heat network reflecting the resourceful and pioneering spirit of the neighbourhood.
Metropolitan was awarded the 40-year ESCo contract to adopt, own and operate the district heat network and hot-water systems serving London Square Bermondsey. All the homes benefit from underfloor heating, with heat and hot water generated by the site’s energy centre, powered by CHP.
With the selection of district energy to supply heat for the development, London Square Bermondsey joins the growing number of communities being served by low-carbon, local-heat networks. Already more than half a million customers in the UK obtain their heating from this source and it is predicted that 17% of heating needs in the UK will be met by heat networks by 2030. This would equate to 8 million heat network customers and a reduction in carbon emissions of 2.2 million tonnes p.a.1
Metropolitan is also responsible for managing the ongoing operation and maintenance of the heat network, building long-term relationships with residents and providing billing services. As with all Metropolitan projects, the development comes under the Heat Trust industry self-regulatory customer protection scheme. Metropolitan’s sister company, Power On Connections, installed the electricity infrastructure for the development.
The London Square Bermondsey development is part of the Old Kent Road Area Action Plan, which will bring thousands of new homes as well as jobs, schools, two new underground stations, parks and public spaces to the neighbourhood.
London Square is delighted to enter into a heat agreement with Metropolitan, which builds upon our established relationship with Power On Connections. Metropolitan’s streamlined ESCO contract enabled a quick, straightforward contract close.Tony Kavanagh,
Utilities Manager, London Square