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Novera Energy Ltd (NVE)

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Monday 20 March, 2006

Novera Energy Ltd

Project Update

Novera Energy Ltd
20 March 2006

                                                                   20 March 2006


                   Advanced Energy from Waste Facility Update


Novera Energy has announced plans today that it is to submit an application for
its 10 MW Sustainable Energy Facility in East London to the London Thames
Gateway Development Corporation (LTGDC), withdrawing its application from the
London Borough of Havering.

The original planning application was recommended by local planning officers,
who confirmed that there were no objections from any of the main statutory
consultees. However, to expedite the process Novera Energy has decided to move
its application.

The Development Corporation is principally charged with the regeneration of this
part of East London. In its consultation response to the initial application
made to the London Borough of Havering the Development Corporation supported the
proposal, given its accordance with national and London policies. The
application also received the explicit support of the Mayor of London.


Notes for Editors:


• London Thames Gateway Development Corporation web site http://www.ltgdc.org.uk


• The Sustainable Energy Facility would be supplied with around 13 tonnes
  per hour of biomass fuel, equating to around 90,000 tonnes a year and will
  be capable of generating around 10-12MW of electricity (64% of which is
  classified as renewable under the UK Renewables Obligation).
  More information on the proposal can be found by visiting
  www.sustainablelondon.co.uk

• Novera has also submitted an Integrated Pollution Prevention and Control
  (IPPC) application to the Environment Agency, which will be determined in
  2006 which is the permit required to operate the facility.


• DEFRA's New Technology Demonstrator Programme is providing £30m to a range
  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.

• The objectives of the DEFRA demonstration 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 
     systems;

      • produce clean renewable energy; and
      • increase resource recovery from waste.


  • http://www.defra.gov.uk/environment/waste/wip/index.htm


•   The Sustainable Energy Facility would use an advanced thermal
technology, a process by which a biomass fuel (in this case produced from
household organic waste left after recycling) is treated at a controlled
temperature (to around 800 degrees Celsius) 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 would be supplied by Canadian company Enerkem Technologies.
For more information, please visit www.enerkem.com


  • DEFRA recently published a consultation paper reviewing national waste
    strategy, which envisages that the amount of household waste used for energy
    recovery could increase from 9% at present to c. 27% by 2020.



For further information:


Novera Energy Limited              Hudson Sandler                    Westbrook Communications

David Fitzsimmons, CEO             Nick Lyon / James Benjamin        David Reid

Rory Quinlan, CFO                  Tel: +44 20 7796 4133             Tel: +61 2 9231 0922

Tel:  +44 20 7845 9720


                      This information is provided by RNS
            The company news service from the London Stock Exchange