Waste to Energy
Announcements prior to September 2017, including this announcement, occurred under previous ownership.
21 August 2014
The UK Green Investment Bank (GIB) is investing £64m into a new energy from waste plant in Derby. The project is being developed by Derby City and Derbyshire County Councils, alongside sponsors Interserve plc and Shanks Group plc. GIB will provide long-term loan financing alongside Germany’s Bayerische Landesbank and Japan’s Sumitomo Mitsui Banking Corporation, with each bank providing a third of the loan funding, totalling up to £195m.
The new facility in south Derby will process waste from households in Derby and Derbyshire. It will see an increase in the amount of waste that is recycled with the remaining treatable waste converted into energy using an innovative gasification technology. The project will generate enough electricity to power 14,000 homes. The project also involves running all Derby and Derbyshire’s household waste recycling centres. Following a 32 month construction period, the project will operate for 25 years.
The project will recycle over 35,000 tonnes of materials per year and divert over 170kt/year of waste from landfill.
The project will see 250 people recruited to work on construction of the new facility and 34 new permanent roles to operate it. The gasification plant will be supplied by Energos, a UK-based company supplying advanced gasification plants around Europe.
The project will be the first long term, project financed, municipal gasification plant in the UK. This is important in demonstrating the investment potential of this type of technology.
Shaun Kingsbury
Chief Executive, UK Green Investment Bank
Vince Cable
Business Secretary
Environmental impact: The project will recycle over 35,000 tonnes of materials per year and divert over 170kt/year of waste from landfill. It will reduce greenhouse gas emissions by 48,000 tCO2e per year
Energy generation: 12 MW which will generate enough electricity to power 14,000 homes
Feedstock: Pre-treated household waste
Expected Commission date: 2017
Developer: Interserve Group
Gasification technology provider: Energos
Operations and maintenance: Shanks Group plc subsidiary Resource Recovery Solutions (Derbyshire) Ltd
Debt providers: UK Green Investment Bank, Bayerische Landesbank and Sumitomo Mitsui Banking Corporation
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