The announcement was made during a visit by EIB vice president Jonathan Taylor to the Cardiff energy recovery facility, which is owned by Pennon subsidiary Viridor. The facility - the largest of its kind in Wales - treats waste from local authorities and local businesses and diverts at least 95% of the non-recyclable waste in South Wales away from landfill. The process generates 30MW of electricity for the national grid, enough to power around 50,000 households.
“Significant investment in energy recovery technology allows energy to be recovered from waste that cannot be recycled or reused and would previously have been sent to landfill sites,” Jonathan Taylor, EIB vice president. “The new Cardiff Energy Recovery Facility shows how waste is being transformed into vital renewable energy for Wales and reflects the strong environmental commitment of the Welsh government and local authorities already working with the project.”
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Pennon group director of finance Susan Davy added: “We are delighted that the European Investment Bank is planning to provide funding for another of Viridor’s energy recovery facilities. Viridor now has eight energy recovery facilities in operation across the UK and a further three facilities are progressing well and will be delivered by March 2019. Together these facilities will deliver 242MW of de-centralised energy, transforming waste into a valuable social resource. Cardiff is a world-class plant built on time, below budget and to a high quality.”
The Cardiff Energy Recovery Facility will handle 350,000t of waste annually. This includes household waste delivered by the five Councils that make up the Prosiect Gwyrdd, Project Green, partnership: Cardiff, Newport, Monmouthshire, Vale of Glamorgan and Caerphilly. As well as treating household waste on behalf of Prosiect Gwyrdd, the facility will also receive non-recyclable waste from local businesses and help to divert their waste away from landfill.
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