Canary Wharf at the forefront of the green technology revolution
The Financial Services Authority, which has its headquarters in the district, is using green energy in a bid to cut energy bills and be kind to the environment.
Heat pumps are being installed to provide hot water for all of the building's washrooms, across 14 floors.
Stiebel Eltron, the company that manufactures the heat pumps, is now working on a programme to equip the entire building with the technology and has revealed that neighbouring organisations are so impressed they are considering following suit.
Neil Jimpson of Stiebel Eltron explained how the technology works: "Each floor of the building has two chiller plants which provide air conditioning to cool the building, located in dedicated rooms. The heat pump uses the latent heat from the return air in these rooms, to supply 300 litres of hot water for the washrooms."
Neil added: "Prior to this work starting, we installed a heat pump and monitored how much energy was saved. The result was an incredible four times less energy than conventional heating methods."
Malcom Pryme of Ward Contract Services Ltd, which is installing the technology, said "We are delighted with the unit due to its ease of installation and performance. Stiebel Eltron has provided a lot of support and we are pleased to be working in partnership with them."
Mark McManus, managing director of Stiebel Eltron, said: "This is a great project and we are delighted to have provided the latest in green energy into such a high profile, well known building."
"Green energy is the future and there are lots of grants and tax breaks available to homeowners and the public and private sector to convert their properties to green energy."
"Meeting the UK's 2020 and 2050 carbon reduction targets will require a major contribution from heat. Because 54% of heat use is in people's homes, 30% is industrial and 16% comes from commercial, public sector - we all have a responsibility to find greener alternatives."
Heat pumps extract energy from the air or ground to produce heat for a building. Immediately, the property is no longer at the mercy of volatile oil and gas prices meaning the heat pump can pay for itself within a matter of years. The carbon saving impact is considerable.
Heat production is responsible for half of the energy consumed in the UK and half of the carbon emissions. Experts describe heat energy as the 'sleeping giant' of climate change action.
Stiebel Eltron will undertake a free energy efficiency report for any property in the UK.
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