The Mayor of London, Sadiq Khan, has announced on Monday that London’s Tube network is moving a step closer to being powered entirely by renewable source electricity, which will help to meet his target of the capital reaching net-zero carbon by 2030.
Marking the start of London Climate Action Week, the Mayor revealed that Transport for London has launched a Power Purchase Agreement tender, with the ambition of using 100% renewable source electricity across its operations by 2030 and catalysing investment into renewable infrastructure. This first tender aims to purchase approximately 10 per cent of TfL’s required electricity from renewable energy sources and new build assets.
TfL is one of the largest consumers of electricity in the UK, with a requirement for up to 1.6TWh per year, which is equivalent to the electricity consumed by around 420,000 homes or 12% of homes across London. The tender will guarantee that the electricity supplied to power the Tube and TfL’s operations through the contract will come from renewable energy sources, such as wind or solar power
TfL’s large demand for renewable source electricity will help increase demand for new solar and wind generation in the UK, which will help to create new green jobs and support the economy.
Demonstrating London’s commitment to action, Sadiq also announced that London has signed the Fossil Fuel Non-Proliferation Treaty, a global plan to phase out fossil fuels production and accelerate a just and fair transition to clean energy. According to the latest report by the Intergovernmental Panel on Climate Change, coal, oil and gas are responsible for 86 per cent of all carbon dioxide emissions in the past decade. The world is on track to produce more than twice as much coal, oil and gas by 2030.
In the run up to COP27 later this year, London is leading the way as the largest global city to sign up to the Fossil Fuel Non-Proliferation Treaty.
This builds on the work the Mayor is already doing to divest from fossil fuel companies, which includes working with the London Pensions Fund Authority (LPFA) to divest from all the extractive fossil fuel companies within their listed equity portfolio, and co-chairing with the Mayor of New York the C40 Divestment/Investment network, which now has 18 C40 cities signed up with pension funds worth over $400 billion committed to divestment.
The Mayor of London and Chair of C40 Cities said, “When it comes to tackling air pollution and the climate emergency, I’m determined to ensure that London continues to take bold action. As many national governments around world dither, cities have a responsibility to act and to show what’s possible. We are the doers, not the delayers.
“The main cause of the climate emergency is fossil fuels so I’m calling on cities around the world to follow London’s lead and to commit to phasing out their use.
“The cost of inaction to our economies, livelihoods, the environment and the health of Londoners is far greater than the cost of transitioning to net-zero – and we simply don’t have time to waste. This first step to powering the Tube network and TfL’s wider operations with 100 per cent renewable source electricity is another crucial part of reducing carbon emissions and building a better, greener London for everyone.”
Lilli Matson, Chief Safety, Health and Environment Officer at TfL added, “As one of the largest electricity consumers in the UK, we are absolutely committed to doing what we can to decarbonise London through clean, renewable energy.
“TfL is already a world leader in many environmental initiatives, and we are pleased to have now started procurement on our first Power Purchase Agreement which forms the next major step in our quest to make all our services powered via renewable electricity by 2030.
“Once in place, approximately 10 per cent of our required electricity will come from renewable energy sources, delivered by ‘new build assets’. These will support the wider UK economy by creating green jobs in construction and operation.”