London’s King’s Cross switches to biomethane
Bioenergy investment company Iona Capital has agreed a deal with King’s Cross in London which will see the 27-ha estate – including 2,000 homes, plus offices, retail and dining space – switch entirely to green gas. King’s Cross will reduce its carbon footprint by around 50% as a result.
Facilitated and managed by Optimised Energy, the deal will see an Iona Capital-owned anaerobic digestion plant, fuelled by farm animal slurries and residues in Scotland supply 40 GWh of green gas each year to King’s Cross.
King’s Cross will use the gas to supply its on-site energy centre, which in turn distributes heating, hot water and electricity to occupiers and businesses using its estate-wide district energy network. The deal between King’s Cross and Iona Capital has been independently certified by Green Gas Trading Limited.
