Energy Efficiency Fund

Meeting: 
MQT on 2018-02-22
Session date: 
February 22, 2018
Reference: 
2018/0455
Question By: 
Leonie Cooper
Organisation: 
Labour Group
Asked Of: 
The Mayor
Category: 

Question

What are the targets and deadlines for the Mayor's forthcoming Energy Efficiency Fund (MEEF)?

Answer

Answer for Energy Efficiency Fund

Answer for Energy Efficiency Fund

Answered By: 
The Mayor

MEEF will provide repayable finance for low carbon infrastructure projects and delivery is anticipated to lead to a range of outcomes including:

•       at least 17 megawatts of additional renewable energy;

•       decrease of greenhouse gases by at least 36,746 tonnes of carbon dioxide or equivalent per annum;

•       decrease in primary energy consumption by public buildings, by at least 747,190 kilowatt hours per year; and

•       at least 774 households with improved energy consumption.

MEEF is to be established this year and will have a 20-year life span; but early outcomes will be achieved in the next few years, as the first tranche of projects complete.