A highly-efficient gas-fired central thermal and tri-generation facility is installed at Sydney's major residential and commercial development Central Park to provide low-carbon thermal energy, heating and cooling.
The urban village precinct, which occupies 5.8 hectares, includes 14 new buildings with 3,000 apartments, 900 student accommodation units, 50,000 square metres of commercial office space and 25,000 square metres of retail space.
A $26.5 million Environmental Upgrade Agreement (EUA) involving Low Carbon Australia, now the CEFC, ANZ, Eureka Real Assets and City of Sydney was used to finance the installation of the 2MW trigeneration plant.
The trigeneration plant will reduce greenhouse gas emissions by 190,000 tonnes over its 25-year design life. Additional emission reductions of 76 tonnes will be saved by using absorption chillers instead of electric chillers.
The project was an important part of the sustainability approach for development of Central Park.