Issue - meetings

[Report of the Director of Housing, Regeneration and Planning.  To be introduced by the Cabinet Member for Environment, Transport, and the Climate Emergency and Deputy Leader of the Council]

The Cabinet Member for Environment, Transport and the Climate Emergency and Deputy Leader of the Council introduced the report which sought approval of the Outline Business Cases for both the Tottenham Hale and Wood Green Decentralised Energy Network (DEN) projects and to accept and release Government funding to progress enabling works and develop the Full Business Case (FBC) which would be brought back to Cabinet in late 2022.

The Cabinet Member and Officers responded to questions from Councillor Cawley-Harrison:

-           The general principles of the DEN were set out at paragraph 6.39, and it was important to recognise that customers would get significant benefits from this supply, which was benchmarked against the higher carbon alternative.  The expectation from all of the modelling and work carried out, which included sensitivities in terms of fluctuations in prices, was that this option would still remain affordable.

-           There were issues with the Southwark DEN, but there were also lots of positive learnings from other DENs.  In developing the full business case, all analysis would be taken into account to design the full implementation in Haringey.

Following consideration of exempt information,

RESOLVED that Cabinet

1.         Notes the progress to date of the Council’s DEN to deliver a significant decarbonisation of the borough’s developments as outlined in section 6 of this report

Recommendations related to Tottenham Hale DEN Project

2.         Approves the Outline Business Case at Appendix 2 in respect of the Tottenham   Hale DEN, including a link to Broadwater Farm, in order to progress the proposal to FBC

3.         Subject to recommendation 2, approves the acceptance of Heat Network Investment Partnership (HNIP) funding (subject to approval of the Funding Agreements at 11 below):

a.    £1.2m for commercialisation grant funding to develop the proposal to FBC;

b.    £3.4m of construction grant funding; and

c.    £12.65m of construction loan to be used to construct the DEN, subject first to approval of the FBC

4.         Approves entry by the Council into an Adoption Agreement with Argent LLP for the installation of heat network infrastructure at sites in Tottenham Hale as further described in paragraphs 6.24 to 6.26 of the report and gives delegated authority to the Director of Housing, Regeneration and Planning to finalise the terms of the Adoption Agreement for it to be entered into

Recommendations related to Wood Green DEN Project

5.         Subject to recommendation 2 (approval of the Tottenham Hale scheme) approves the Outline Business Case at Appendix 2 in respect of the Wood Green DEN and the extension of the link from Broadwater Farm, in order to progress the proposal to FBC

6.         Subject to recommendation 5, approves the acceptance of HNIP funding (subject to approval of the Funding Agreements at 11 below):

a.    £0.85m for commercialisation grant funding in order to develop the proposal to FBC; 

b.   £7.18m of construction grant funding; and

c.   £2.56m construction loan to be used to construct the DEN, subject first to approval of the FBC

Recommendations related to  ...  view the full minutes text for item 682