Battersea Power Station will be reborn as a green electricity centre under plans put forward by Real Estate Opportunities

Battersea Power Station will generate electicity again according to new plans revealed by Real Estate Opportunities (REO)

The old power station will house a combined cooling, heat, and power plant, using biofuels, waste and other renewable energy sources. Two of the existing power station鈥檚 chimneys will be reused as flues for the new 鈥楨nergy Centre鈥.

The 拢4bn plans feature a hotel alongside 8m sq ft of residential, office, and retail space.

Alongside the existing power station there will be a new landmark building designed by architect Rafael Vinoly. Construction work is set to begin in 2012, with development scheduled to be completed by 2020.

Rob Tincknell, managing director of REO鈥檚 development manager, Treasury Holdings UK, said: 鈥淲e don鈥檛 embark on projects that we can鈥檛 deliver. We are determined that Londoners will not be disappointed and this area will be brought back to life in the most spectacular way."

鈥淭his will be a power station for the 21st century, sitting alongside Sir Giles Gilbert Scott鈥檚 building and supporting a truly sustainable, zero carbon development.鈥