FairHeat’s work in revolutionising the heat network market has been recognised after the firm took home the Innovation Project of the Decade award at this year’s Association for Decentralised Energy (ADE) Awards.

The ceremony marked the 10th year of the ADE Awards and celebrated the projects that have had the biggest impact on the industry over the last decade.

FairHeat won the award jointly with sister company Guru Systems for the development and use of its Guru Pinpoint technology – which is radically improving the efficiency of heat networks.

Guru Pinpoint allows operators and designers of heat networks to monitor the energy efficiency of networks in real time, quickly identify costly inefficiencies and reduce carbon emissions.

The web-based platform is used by the operators of 75 heat networks across the UK and has already reduced network losses by up to 68% on some developments.

FairHeat has used the platform to inform the design of new networks, verify performance and improve legacy schemes.

Data from Guru Pinpoint is helping FairHeat to cut capital expenditure costs for developer clients, with CAPEX savings of as much as £2,000 per dwelling on some schemes.

Gareth Jones, Managing Director at FairHeat, said: “Our mission is to get the best out of the UK’s heat networks, and Guru Pinpoint helps us do just that.

“The technology lets us push the boundaries of what can be achieved on heat networks.  It allows us to work with developers, councils and housing associations to design the most efficient, cost-effective and environmentally friendly heat networks possible based on real world data.

“We are honoured to be recognised for our contribution to the industry.”