PMAC Energy is planning a £250m energy-from-waste plant, which it has said would create 100 permanent jobs at Redcar Bulk Terminal (RBT).
The company has taken a 25-year lease on 25 acres of the terminal’s land for the development which, subject to permitting and planning approvals, could be producing refuse-derived fuel (RDF) in 2021 and generating enough electricity to power 56,000 homes.
Managing director Rob Lewis said: “RBT’s superb port facilities and road and rail links make this the perfect location for this plant.
“Not only does it give us the logistical advantages of being on the river Tees, but the area also provides us with the workforce we would need to manage the volume of waste coming into the plant and the quantity of fuel being created.”
Up to 500,000 tonnes a year of RDF would pass through the plant, with 150,000 tonnes being exported to cement and energy plants across the world.
Lewis set up PMAC Environmental in 2012, which specialises in shipping RDF to Finland.