Issue - meetings

(i)       note the current status of discussions held with Commercial Organisations and the potential additional opportunities with others to maximise the financial and carbon savings as the network is extended; and

(ii)      delegate authority to Aberdeen Heat and Power to enter into heat supply agreements with both commercial and domestic customers, subject to the terms set by the Council’s annual budget decisions; and approves the methodology for the setting of heat sales prices outlined in section 4.2 of this report.

With reference to article 12 of the minute of meeting of the City Growth and Resources Committee of 21 September 2022, the Committee had before it a report by the Director of Resources which provided an update on the Torry Heat Network and sought approval for progressing the methodology in setting the heat sales price and to progress further commercial agreements which would benefit the viability of the wider heat network.

The report recommended:-

that the Committee –

(a)      note the current status of discussions held with Commercial Organisations and the potential additional opportunities with others to maximise the financial and carbon savings as the network is extended; and

(b)      delegate authority to Aberdeen Heat and Power to enter into heat supply agreements with both commercial and domestic customers, subject to the terms set by the Council’s annual budget decisions; and approves the methodology for the setting of heat sales prices outlined in section 4.2 of this report.

The Committee resolved:-

to approve the recommendations.