Net Zero News – Late November 2024
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Low-carbon city heat network developer, 1Energy, has secured £75m of investment and three anchor customers for its heat pump-powered network in Bradford.
With the support of its key partners – the University of Bradford, Bradford College, and Bradford Courts – the Bradford Energy Network aims to enable the rapid decarbonisation of heating, the country’s biggest source of carbon emissions.
With Energy recently breaking ground on its energy centre, its approach combines £75m of private capital and public investment in Bradford. This total includes £20m of investment from the UK Government’s Green Heat Network Fund.
Using Bradford as a blueprint, Energy has ambitions to deploy £1bn within the next eight years into building new city-wide, low-carbon heat networks across the UK.
