New investment for green London
The new funds will extend London's retrofit work, which since 2008 has updated more than 400,000 homes and over 350 public buildings including schools, hospitals, libraries and town halls, to more buildings across the capital.
Low carbon technologies including LED lighting, new boilers, insulation, and the installation of heat and power networks, solar panels, upgrading boilers, and double glazing, have already helped to save tens of thousands of tonnes of carbon a year, comparable to taking around 50,000 cars off London's roads.
Mr. Johnson, said: "We need to do everything possible to make the most of our resources, reduce carbon emissions and create a more secure, cost-effective and sustainable heat and power supply across London. Retrofitting older homes and buildings has a pivotal part to play in this, while also helping to save us all money on fuel bills. With these innovative energy saving technologies, London is leading the way as a 21st Century world city."
In Tooting, the Mayor is helping to transform St George's, one of the UK's largest teaching hospitals, with a 12million pounds investment in measures that will reduce energy output by 39 percent and cut over 6,000 tonnes of carbon emissions per annum - equivalent to removing over 3,000 cars from the road.
In Croydon, a 20 million pounds investment will help retrofit 30 civic buildings including schools and libraries.
In Hackney, a 7m pounds project to create a communal gas heating network to replace expensive individual electric heating in more than 800 homes across 10 blocks of social housing, reducing energy bills by 56 percent with average annual personal savings of 980 pounds for over 1500 tenants.
The Lee Valley Heat Network, an ambitious project to provide low carbon heating in the form of hot water through a system of pipes to tens of thousands of homes across north London, reducing the carbon footprint of each home by around 50 percent.
The installation of low-carbon heat and cooling systems across the Tate's London estate – including, the Tate Modern, Tate Britain and its local storage facilities – to achieve a 25% annual energy saving and a 45% reduction in the Tate Modern's gas consumption alone. ■