Novera Energy Ltd
15 September 2006
15 September 2006
Novera Energy Limited
Planning Approval Granted for sustainable energy facility in East London
The London Thames Gateway Development Corporation yesterday granted Planning
Consent for Novera Energy to construct its East London Sustainable Energy
Facility (ELSEF) at the Ford Motor Company Limited's site at Dagenham. The
planning proposal was supported by the Mayor of London.
Novera Energy Limited ('Novera') (AIM: NVE) is a leading independent UK
renewable energy group with a portfolio of landfill gas, waste and water, wind
assets and development projects.
Novera expects to make further announcements over the coming months as
development of the project progresses. Assuming satisfactory completion of
commercial terms for the project on a timely basis, Novera expects to start
construction of the plant during 2007.
When fully operational, ELSEF will generate 10MW of renewable electricity,
enough to power 14,000 homes. The fuel will be residual household waste left
after recycling and will be supplied by Shanks from their East London Material
Recycling Facility in Dagenham. The electricity produced will be sold directly
The ELSEF project is supported by Defra's New Technology Demonstrator Programme,
which seeks innovative ways of reducing the amount of waste sent to landfill.
The project will be the first of its kind in the UK and will use a gasification
technology developed in Canada for which Novera has the exclusive UK rights.
Commenting on the decision, David Fitzsimmons, Chief Executive Officer of Novera
'We are very pleased that our planning application was approved. Our project has
been widely supported and we thank all those involved for their efforts.
This is an important milestone for East London and for Novera. The UK is facing
a major challenge to comply with the EU Landfill Directive, which requires to
divert some 30 million tonnes a year of household waste to be diverted away from
landfill by 2020. This challenging target provides scope for up to 50 ELSEF size
plants across the UK, representing over £2 billion in capital.'
Notes for Editors:
Novera Energy Limited ('Novera' or 'the Company') (AIM: NVE) is a leading
independent UK renewable energy producer with a portfolio of landfill gas, waste
and water, wind assets and development projects.
It is proposed that ELSEF will be supplied with 13 tonnes of biomass fuel per
hour and will be capable of generating around 10MW of renewable electricity,
enough to power 14,000 homes.
More information on the proposal can be found by visiting
Defra's New Technology Demonstrator Programme is providing £30 million to a
range of projects to support the development of technologies aiming to divert
biodegradable waste away from landfill. More information on the programme can be
found by visiting http://www.defra.gov.uk/environment/waste/wip/index.htm
ELSEF will use an advanced thermal technology process which converts a biomass
fuel (in this case produced from household organic waste left after recycling)
to a synthetic gas which is then cleaned and used to fuel a steam boiler /
turbine generator. Novera has the exclusive UK licence for the gasification
system, developed in Canada, supplied by Enerkem Technologies. For more
information, please visit www.enerkem.com
The EU Landfill Directive came into force in 2001. By 2020 30 million tonnes per
annum will be required to be diverted from landfill (assuming a growth rate of
1.5%). Up to 15 million tonnes will need to be processed at non landfill sites
in addition to 15 million tonnes of recycling. This has the potential to
generate 5 million tonnes of residual fuel per annum, enough for up to 50 plants
For further information please contact:
Novera Energy Limited Hudson Sandler
David Fitzsimmons, Chief Executive Officer Nick Lyon
Rory Quinlan, Chief Financial Officer James White / Amy Faulconbridge
Tel: +44 20 7845 9720 Tel: +44 20 7796 4133
PPS Group Ford
Dominic O'Donnell Oliver Rowe
Tel +44 20 7529 1710 Tel: +44 12 7725 2216
This information is provided by RNS
The company news service from the London Stock Exchange