The London Development Agency’s RE:FIT initiative has been named best technical project at the ManagEnergy Annual Awards in Brussels.
The initiative is a ready-to-use, cost-neutral procurement process that allows the public sector to retrofit existing buildings with energy-saving measures, reducing carbon emissions and achieving energy cost savings.
It is described as a ‘spend-to-save’ programme, addressing the risk of energy savings and guaranteeing a return over an agreed period of time.
The first phase of the implementation saw energy-saving measures introduced into 42 buildings around London, achieving annual energy savings of £1 million and cutting 5,000 tonnes of carbon emissions.
London mayor Boris Johnson is among those to have hailed the scheme’s success.