I joined Federal Minister for Infrastructure and Transport Anthony Albanese this morning, when he announced that the Federal Government will contribute $3.75 million to the City's roll out of trigeneration at Green Square.
The grant, under the Liveable Cities program, will help fund the installation of the four mega watt (MW) energy system, which will run on natural gas and supply low-carbon electricity, heating and cooling to 6000 residents in 3300 dwellings as well as shops and offices at the Green Square Town Centre.
(Photo: Lord Mayor with Minister Albanese, Minister Plibersek and representatives from Mirvac, Leighton, Landcom and Origin Energy at Green Square)
Trigeneration electricity production is more than twice as energy efficient as coal-fired electricity and will reduce carbon pollution for connected buildings by up to 60 per cent.
The City has signed a heads of agreement with Cogent Energy to install trigeneration in 4 'low carbon precincts' across the city - supply electricity heating and cooling to City-owned and private properties. Trigeneration plants are already being used in individual buildings by companies in Sydney, including GPT Group, Stockland, Investa, Westfield and the Rooty Hill RSL.
Trigeneration will provide 70 per cent of the City's electricity needs by 2030 with the remainder coming from renewable energy like solar and wind.
The Green Square development will provide 20,000 new homes, 22,000 jobs and house 40,000 new residents. It will also be one of Australia's leading sustainable urban developments. Along with trigeneration, the City is investigating the construction of a recycled water network and an automated waste collection system.
This kind of action is what government should be focusing on. The reality is we urgently need to get on with the job of fighting climate change and the City is delivering projects on the ground that will make a difference.