Novera Energy Ltd
12 July 2005
12 July 2005
Novera Energy offered £5m (A$11.9m) support from DEFRA
for London Sustainable Energy Facility
International renewable energy company, Novera Energy Limited (ASX/AIM: NVE)
today announced plans for the development of a Sustainable Energy Facility in
East London, turning a biomass fuel, made from residual household waste left
after recycling and composting, into a clean gas for renewable electricity
The UK Department of Environment, Food and Rural Affairs (Defra) has selected
Novera as one of their preferred bidders under its New Technologies Demonstrator
Programme. Subject to final contract negotiations, Defra will purchase £5m
(A$11.9m) of services from Novera related to the development, construction and
demonstration of the facility, proposed for the London Borough of Havering.
Novera will own and operate the facility.
Novera Energy Chairman Don Stammer said the Sustainable Energy Facility will
produce renewable energy, curbing reliance on polluting fossil fuels and help
reduce the amount of waste going to landfill.
'We are delighted by the support we have received from Defra and their
confidence in our plans. We are just at the start of the project and plan to
submit a planning application in the coming months. Before then we would like
to hear what local people think of the proposals and which issues they think are
priorities to be addressed in the planning application,' Dr Stammer said.
The facility will generate sufficient energy to power the equivalent of 10,000
homes, using a gasification technology already proven in Canada for the
conversion of biomass fuels.
The biomass fuel used in the facility will be produced from the residues of
household waste, supplied to the site following processing through recycling and
Highlights of the proposal include:
• Defra's New Technology Demonstrator Programme is providing £30m funding to
a number of projects to support the development of technologies which will
help to divert biodegradable waste away from landfill. The programme will
demonstrate the technical, commercial and social viability of particular
technologies, providing impartial environmental, economic and technical
information to stakeholders and decision makers.
• A potential site has been identified and discussions with Ford Motor
Company Limited are underway to secure the site. Novera Energy and Ford are
also in discussion about the Sustainable Energy Facility supplying renewable
energy to Ford.
• The Sustainable Energy Facility will be supplied with around 90,000 tonnes
per year of biomass fuel.
• The Sustainable Energy Facility will use gasification technology, a
process by which a fuel (in this case produced from household organic waste
processed offsite) is treated at a controlled temperature to produce a
synthetic gas which is then cleaned and used to fuel a standard steam-cycle
turbine electricity generator. The gas is cleaned to a similar standard as
natural gas. The gasification system, which will be supplied by Canadian
company Enerkem Technologies, is already proven.
• The Sustainable Energy Facility will be capable of generating around
10MW of sustainable energy (64% of which is classified as renewable under UK
legislation). The objectives of the project are to demonstrate at a commercial
and economic scale the ability to gasify solid residues from municipal waste
in order to:
o divert biodegradable municipal solid waste away from landfill in
accordance with UK commitments to Article 5 of the EU Landfill Directive;
o provide Defra with the basis for a full publicised research and
development project on this particular technology and to assess its
potential for replication within other local authority waste management
o produce clean renewable energy;
o increase resource recovery from waste.
Novera expects to make a number of further announcements concerning the project
over the coming months.
Information about the project can found at www.sustainablelondon.co.uk
For further information please contact:
Fiona MacIntosh, East London Project 01373 813 867 /07751 51 56 28
Financial & Corporate inquiries
Janine Brewis, Gavin Anderson 07818 048 163 / 020 7554 1400
For enquiries relating to Ford, contact Oliver Rowe at Ford Public Affairs
01277 252 216.
This information is provided by RNS
The company news service from the London Stock Exchange