Study looks at ways to slash energy bills

Published Date: 04 October 2008

A £130,000 feasibility study of a project aimed at reducing power bills for residents in Craigmillar has been launched by housing developer Parc.

The study into the use of combined heat and power (CHP) as an energy source will examine the potential for three local energy units to supply heat and power to the new developments, including homes and schools, being built as part of the area's regeneration.The study has been awarded a £65,000 grant from The Scottish Government Climate Change Fund. Parc, the company spearheading the £200 million regeneration of Craigmillar is matching this with a further £65,000 funding.John Quinn, general manager for Parc Craigmillar said: "Energy from a CHP source is typically twice as efficient as conventional power stations. "In a CHP scheme rather than waste the heat generated it is used to heat homes and other buildings in addition to producing electricity."The initial phase of the study, to look at the technical, financial and commercial viability of the project, will be completed in October. If successful, this will be followed by a more detailed financial study and community consultation.