A gasification facility at Hoddesdon, Hertfordshire, will be the first refuse-derived fuel (RDF) plant of its kind in the UK to be built through third party investment.
Foresight Group and the Green Investment Bank (GIB) have made a £30m investment in the construction of the £60m scheme, which will receive more than 90,000 tonnes of RDF from the commercial and industrial sectors supplied by Biffa and Powerday.
The 10MWe plant will be developed by AssetGen Partner and the gasification technology will be designed by Biomass Power. It will create up to 110 engineering, construction and project management jobs and 17 full-time jobs once operational.
Work will begin shortly and it is expected to begin operations in the first half of 2017.
Business secretary Vince Cable said: “Renewable energy is the future and, when this plant is operational, it will power over 7,000 homes each year. The GIB is at the heart of our industrial strategy, creating sustainable long-term jobs and growth.”
Shaun Kingsbury, GIB chief executive, left, said: “This first-of-a-kind, high-technology waste facility signals a new phase in the UK waste management sector. The project is a great example of innovation driven by and backed by some great UK companies.”
Minal Patel, director at Foresight Group, added: “This innovative facility will be making an important contribution to energy security at a national level and waste management at a local level.”