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GM Low Carbon Economic Area for the Built Environment Michael O’Doherty Assistant Director Housing Manchester CC. _______________________________________________________________________________________________________________________. Low Carbon Economic Area. Vision
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GM Low Carbon Economic Area for the Built EnvironmentMichael O’Doherty Assistant Director Housing Manchester CC _______________________________________________________________________________________________________________________
Low Carbon Economic Area Vision “that by 2015 Greater Manchester has established itself as a world leading city region in the transformation to a low carbon economy” _______________________________________________________________________________________________________________________
LCEA - outcomes • Save 6 million tonnes CO2 • Deliver up to £650m additional Gross Value Add (GVA) • Support 34,800 jobs in total (including 18,000 in the supply chain) and contribute approximately £1.4 billion GVA in the built environment in total • Benefit the North West and UK through developing and sharing best practice, as well as economic spill-over benefits • To reduce CO2 emissions from the existing domestic sector by 26% by 2015 _______________________________________________________________________________________________________________________
Low Carbon Economic Area Residential Skills Non- Residential Products & Services New build & Infrastructure
Warm Homes Greener Homes: by 2020.. • every home where it is practical will have loft and cavity wall insulation - by 2015; • every home in Britain will have a smart meter and display • up to 7 million households will have had an eco-upgrade including advanced measures (e.g. solid wall insulation) • landlords – private and social – will take action to improve the fabric of properties; Warm Homes Standard • wider take up of district heating in urban areas, such as in blocks of flats, in new build and social housing, _______________________________________________________________________________________________________________________
WP1 Housing Retrofit Programme • Gather and manage GM housing stock Information • Roll out delivery of basic energy efficiency measures to homes– • e.g. loft and cavity wall insulation to 75% of all remaining homes by 2013. • Develop programme of advanced interventions (eco-upgrades) • ‘GM Retrofit’ standard • Make in-depth behavioural change energy advice available to all households by 2015. • Roll out programme of Smart Meters _______________________________________________________________________________________________________________________
Housing Retrofit.. Delivery Partners • Local Authorities • Energy Savings Trust • Utility companies • Social Housing Providers • Construction and design sector • Jobs Skills sector • Fuel Poverty Sector • Homes and Communities Agency • Public and private investment organisations • .... Households and communities
Challenges • High Capital Costs • Supply Chain bottlenecks • Quality Assurance • First mover risks • Realising benefits of scale: procurement • Market segmentation – targeted and timed incentives • Households’ investment and lifestyle decisions _______________________________________________________________________________________________________________________
Opportunities • Scale – 1.1M GM homes; 262,000 in the social sector; • Utility/Supplier obligations; CESP; CERT • European funding • HCA investment in existing social stock • ‘Pay as you save’ schemes • ‘Feed in tariffs’ from renewable energy • Institutional Investment models • LA and other public sector grants and loans • Economic benefits – new and retained jobs; local labour • Health and Fuel Poverty drivers _______________________________________________________________________________________________________________________