Pathway Action 3

Maximising Renewables

Growth in renewable energy generation is fundamental to the transition to a low-carbon economy and, with energy demand expected to grow, will play an increasingly important role in the energy mix. How Cadogan procures energy is therefore important at both a company and a grid level.

A small 20kWp array on George House generates over 18,000kWh of renewable electricity a year. Following a review of all Chelsea rooftops and identification of over 20 opportunities for retrofit of solar arrays, in 2022 an 80kWp array was completed in Duke of York Square, expected to generate over 69 MWh a year.

Using industry best practice to avoid double counting, Cadogan uses location-based emission factors for all electricity consumption, aside from direct onsite generation, or contracted renewable procurement through a private wire or corporate power purchase agreement (PPA). Despite not accounting for renewable grid energy in Cadogan’s net zero trajectory, this is reported annually as part of the organisation’s commitment to support the decarbonisation of the national grid.

Reduction

Moving To Net Zero

Install onsite renewables: onsite renewables will continue to be a focus, installing solar panels and ground- and air-source heat pumps where feasible.

Explore Power Purchase Agreements: procuring landlord energy through renewable corporate power purchase agreements would cut emissions and facilitate additional clean energy generation. Due to the Estate’s small direct procurement this may prove challenging, but innovation in contracting and collaboration with partners should lead to new solutions.

Community Power: Working with occupiers, suppliers, local businesses and residents, the cocreation of a zeroemission energy service could be explored, to provide affordable access to a clean, secure supply of power.

Beyond 2030

Continuing to prioritise the installation of onsite renewables as far as possible, Cadogan will engage with the wider community in facilitating access to renewable generation.