E.ON to Invest GBP300 Million in Portbury Dock Renewable Energy Plant
Posted on: Wednesday, 20 August 2008, 06:00 CDT
E.ON UK has announced plans to invest around GBP300 million in the proposed 150MW Portbury Dock renewable energy plant at the Port of Bristol in south west England.
Rated at 150MW, the proposed Portbury Dock biomass-fired power plant is expected to generate enough power for more than 200,000 homes by burning wood that will largely be brought to the plant by boat.
E.ON has issued a scoping statement to the North Somerset Council, the Department for Business, Enterprise and Regulatory Reform (BERR) and other interested parties outlining the company's plans and hopes to submit a full application to BERR in mid-2009.
If the project gets the green light, construction is expected to start in 2010, with initial power generation set for 2013 and full operation is expected to be reached in 2014.
Portbury Dock is E.ON's third biomass development in the UK. The company said that it already operates Scotland's largest dedicated biomass power station at Steven's Croft near Lockerbie and, earlier in 2008, received permission for a 25MW biomass station in Sheffield.
Paul Golby, CEO of E.ON UK, said: "This scheme would be one of the largest biomass power stations ever built in the UK and would make a considerable contribution to helping the government meet its renewable energy targets. Schemes such as this, together with cleaner coal, gas and new nuclear, will help us to keep the UK's lights on, while also reducing carbon emissions and ensuring energy is as affordable as possible for our customers."
Source: Datamonitor
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