Camden community partnership helping to reduce CO2 emissions
Camden Council has partnered with Power Up North London, a non-profit community organisation that enables local people to tackle climate change by delivering renewable energy projects, to undertake an innovative project to install solar panels on the roof of Talacre Community Sports Centre.
The Talacre Community Sports Centre is operated by Greenwich Leisure Limited on the Council’s behalf, and the electricity produced will help to reduce energy bills on the site for the next 20 years. This project will provide some support in a time of high energy prices and help to make Camden’s leisure facilities more resilient.
“Tackling the climate emergency is a priority in Camden. We have committed to do all that we can to make Camden a zero-carbon borough by 2030 and declared a climate emergency in 2019.
“This however is an ambitious target that we will not be able to achieve alone, therefore partnerships like this with Power Up North London, will be vital in helping us achieve our goals.”
Power Up North London’s community share offer is available to everyone, regardless of if they live in Camden, and is seeking to raise £80,000. Following a minimum investment of £250 (maximum investment £5000), all investors will then receive 5% of their initial investment made each year over a period of 20 years, plus an annual 4% interest on the remaining balance.
The Share Offer will remain open until the 20 March 2023, unless the target amount is reached at an earlier date, or Power Up North London extend the time to reach the target.
Councillor Adam Harrison continued:
“This scheme is similar in approach to the council’s successful Camden Climate Investment which raised money to directly fund a range of local climate projects that are part of the Camden Climate Action Plan.
“If fundraising through the share offer is successful, Power Up North London will own and operate the solar array and provide the power it produces to the sports centre at a discounted rate compared to the national grid. This will save approximately 12 tonnes CO2 annually, further helping to support the aims of our Climate Action Plan.”
Dr Jo Macrae, OBE, Power Up North London’s chair and Kentish Town resident said:
“This project is exciting because it enables people in Camden to take meaningful action over the energy and environmental crises. Power Up North London is quite literally giving power to the people to create a greener, fairer Camden, while helping local services at such a difficult time.”
Over the summer of 2019, Camden held the UK’s first Citizens’ Assembly on the climate crisis to help shape Camden’s Climate Action Plan. The recommendations from the Citizen Assembly helped to shape the plan, including a recommendation to “Install solar panels on as many buildings as possible."