Waste 2006 Conference Coffs Harbour March 2006

Transcription

1 Waste 2006 Conference Coffs Harbour March 2006

2 Overview Who is Global Renewables? What is the UR-3R Process? What is happening in the UK? What is the Lancashire Waste Partnership Project? What drivers do we need in Australia? 2

3 GRD A Resource Contracting and Development Company Contracting Development Resources Waste-to-Resources 57% 3

4 The UR-3R Process GRL has integrated world s best resource recovery processes, creating the UR-3R Facility to provide sustainable waste management Urban Resource Reduction Recycling Recovery 4 Urban Resource Conservation

5 Eastern Creek Aerial 5

6 THE UR-3R PROCESS Municipal Solid Waste Waste Stream Separation ISKA Percolation Composting and Refining Energy Production Reduced GHG Emissions Recycled Products Renewable Energy Organic Growth Media 6

7 The Lancashire Waste to Resource Infrastructure Lancashire ~ 1.4 Million population 700,000 t/a Municipal Waste 7

8 The Lancashire Waste to Resource Infrastructure Global Renewables is the Preferred Bidder to build, own and operate: Three waste processing plants 170kt/a UR-3R, 25kt/a MRF, 55kt/a ECF Leyland (visitor centre), Huncoat, Thornton Three waste transfer stations Network throughput 765 kt/a Diversion exceeds LWP LATS requirement Waste Minimisation Program + Local Market Development Plan 450 jobs created 44,000 MWh/a renewable electricity Financial close Q Leyland service commencement Q Full service commencement Q

9 The Lancashire Waste to Resource Infrastructure Landfill diversion exceeds LWP s LATS requirements, comprising 74% landfill diversion of Residual Waste and over 93% landfill diversion of Green Waste and Dry Recyclables; A comprehensive Waste Minimisation and Recycling communications strategy aimed at reducing the County s waste arisings to less than 1% per annum through a multi-million investment to work with The Partnership, local communities and the Waste Minimisation Trust; Helping to realise a sustainable county by sequestering CO2 and providing new green spaces for the community by the planting of 2.5 million native trees; Investment of over 300 million to develop a new, sustainable local waste management and recycling industry; 9

10 The Consortium A consortium of leading companies from around the globe, committed to working in partnership with Lancashire 10

11 Resource Recovery Annual Product Volumes Tonnes per annum recovered 500, , , , , , , , ,000 50, Year Compost Paper & Card Plastics Metals Glass Textiles 11

12 Potential Remediation Site > 5 ha within 20 miles of a UR-3R Facility 12

13 UK System- a system organised to deliver European Landfill Directive means the UK is planning to reduce Biodegradable Municipal Waste (BMW) to landfill to 35% of 1995 (total) mass by 2020 Current UK landfill diversion about 20% Councils under a cap and trade system (LATS) reflecting national target, and penalties of 150 per tonne reflecting EU penalties Councils can save, borrow and trade landfill allowance Councils grouped in regional disposal and collection authorities Regional authorities organise sites and planning approvals Private Finance Initiative (PFI) to soften transition cost impacts Treasury assistance with PFI contracting Councils that lead are in the best position to sell surplus credits to councils that lag System driven by goals, rewards, penalties, not crisis 13

14 The Lancashire Waste Partnership Investment Fundamentals Financial close Q Forecast operational commencement Q Five banks with PFI experience supporting the bid The investment structure utilised provides for: Recovery of development costs at financial close Payment of UR-3R intellectual property licence fees to GRD for the life of the project GRD to receive development and ongoing management fees A$6BN of revenue over 25 years 14

15 The Lancashire Waste Partnership Process enough household waste to fill Subiaco Oval to the roof every 6 months or bury Monaco in 22 level metres of rubbish Process the waste for 1.4 million people, equivalent to the entire metropolitan population of Perth Remediate land and create woodlands 2.5 times bigger than King s Park Recover enough steel to produce 10 Sydney Harbour Bridges The aluminium recovered will save enough electricity through recycling to power the lights of the MCG for over 3,500 years Recover paper equivalent to a phonebook that would stretch around the Earth 1.8 times at the equator Recover enough glass to produce around 120 pint glasses for every adult in Australia 15

16 GRD and the UK Waste Market The UK market is organised to deliver projects of scale UK target market has a waste treatment procurement of over 30 million tonnes per annum Twenty (20) known UK waste projects to come to the market in next 18 months, including: - Dorset & Bournemouth 240,000t/a - North Yorkshire & York 400,000t/a - Merseyside 800,000t/a - Bradford 300,000t/a - Essex 720,000t/a - Derbyshire 450,000t/a - Norfolk 440,000t/a - Cheshire 440,000t/a 16

17 Carbon Credits The Carbon Market is Becoming Well Established Emission trading schemes EU: - Emissions Abatement Trading Scheme Australia: - Renewable Energy Certificates (RECs) - NSW Greenhouse Abatement Scheme (NGACs) - Proposal for state based emissions trading scheme USA: - Chicago Climate exchange, state based schemes Euro EU Carbon Credit Prices (EUR/Tonne) Waste GHG credits value depends on Baseline definition 17

18 Australian Context - System Needs National targets for resource conservation, stream by stream Cap on resource wastage, stream by stream Markets for environmental services in resource conservation Systems development for hazardous waste, EPR & infrastructure Regional waste processing authorities Public Private Partnership assistance and arrangements that ease transitional cost impacts Incentives for market development (especially in organics) Sites and planning approvals organised in advance for waste processing Beneficiation Infrastructure Planning and Implementation required 18

19 Beneficiation Infrastructure eg Plastics Clear PET Coloured PET Household Collection MRF Plastics Reprocessing Plant Factory Opaque HDPE Coloured HDPE Plastics recycling needs more than MRFing 19

20 Resource Recovery in NSW much remains to be done! Additional MSW and C&I Waste for Processing by , ,000 Municipal C&I Additional Material Recovered (Tonnes) 700, , , , , , ,000 - Paper & Cardboard Plastic Glass Ferrous Garden Organics Food Timber Other Recyclables Other Waste Municipal C&I 20

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