A call for expressions of interest prioritising waste infrastructure projects based outside of East London and waste to energy projects will soon be opened by the London Waste and Recycling Board (LWaRB).
It was announced in its latest business plan, which runs from 2011/12 to 2014/15. It replaces that published in March 2011, following clarity over the funding available to LWaRB for the same spending review period. More than £26m of funding is available over the next three years.
In addition to those objectives set out in March to help London produce less waste, reuse and recycle more and implement the right technologies for London waste infrastructure, LWaRB hopes to support projects in areas other than East London. The move is to ensure localised solutions are developed across London because over previous plan periods the majority of LWaRB projects that received support have been based in East London due to project proposals dominating this area.
LWaRB will also focus attention on “innovative waste solutions”, which includes opportunities for technologies that produce gas that can be connected to the national grid, waste derived transport fuels and hydrogen fuel cells.
LWaRB chair James Cleverly told MRW: “We will use the money we have got to stimulate private sector investment, helping projects that are nearly there to get financial close.
“I said before that 2010 was our year for delivery and I am pleased with how it has gone. We have a lot of good projects going and we’re looking to extend that this year. We want to help more projects outside of East London and get a better geographical spread and we are still very keen to support innovative technologies. We want to unlock private investment by showing investors that projects like this are deliverable.”
Explaining why projected project expenditure for 2011/12 is £12.5m but drops to £1m for 2014/15 Cleverly said: “The financial projections have been cautious. It looks very front-loaded but it’s likely to be more even than it currently looks because we expect to see loan repayments coming through that year. We don’t want to make assumptions just yet though.”
Also detailed in the plan is a £4.6m Efficiencies programme for local authorities, which will build on the potential savings that can be generated from joint procurement, framework agreements and shared services and best practice.