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Coffey welcomes Viridor’s energy investment

By 24/01/2018News

Viridor’s investment of more than £1.2 billion in the development of a network of UK advanced energy recovery facilities has been welcomed by resources minister Thérèse Coffey.

Resources minister, Thérèse Coffey, and Viridor’s managing director, Phil Piddington, at the PRASEG meeting

Dr Coffey said the investment formed part of a strategy which would help the UK to become a world leader in resource efficiency, Viridor reports.

The resources minister was addressing the All-Party Parliamentary Group for Renewable and Sustainable Energy (PRASEG) last week (Tuesday, 16 January) when she noted that Viridor’s investment was reducing “the country’s reliance on landfill or exporting waste for treatment”.

‘World leader’

She added: “It is our aim that this strategy will lay down the foundations for the UK to become a world leader in resource efficiency.

“We do need to shift our economy away from one that’s linear to one that’s making and disposing to one where we keep our resources in circulation for longer.

“We want to support plastic innovation – there is money in the R&D budget and we need to make sure some of that goes specifically towards plastics.”

Viridor’s managing director, Phil Piddington, told the meeting, attended by around 100 guests including MPs, peers, media, charities, and business representatives, that the UK needed a post-Brexit policy framework which created a balance between re-use, recycling, and energy recovery.

Mr Piddington added the UK could lead the EU and the world if it achieved this balanced framework.

Challenges

Speaking at an earlier roundtable event, he pointed out that the significant challenges recycling faced included sharply rising quality standards required by global markets for output. This was against the backdrop of declining quality of input from households, which was increasingly contaminated, leaving some local authorities failing to meet contractual quality commitments.

An artist’s impression of the Avonmouth EfW, which Viridor aims to bring online by 2020

Mr Piddington said the UK Government had a huge part to play in making recycling attractive to investors again and rationalising the growing number of different collection systems operated by local authorities across the UK.

ERFs

According to half year results published in November by Viridor’s parent company, Pennon Group (see letsrecycle.com story), the company’s growth has been driven by ‘strong performance’ from energy recovery facilities (ERFs).

Pennon Group also reported that good progress was being made to bring Viridor’s remaining four energy recovery facilities on stream, with three commissioning in 2017/18 and the final facility under construction.

The post Coffey welcomes Viridor’s energy investment appeared first on letsrecycle.com.

Source: letsrecycle.com Waste Managment