Released August 14, 2009 | GALWAY, IRELAND
en
Researched by Industrial Info Resources (Sugar Land, Texas)--Only weeks after receiving the go-ahead for one of the world's largest biomass power generation projects, MGT Power Limited (London) has announced plans for another giant biomass project at the Port of Tyne, North Tyneside, England. MGT has revealed plans to build the 295-megawatt (MW) Tyne Renewable Energy Plant (Tyne REP), located on industrial land in the Port of Tyne, about 10 kilometres east of the city of Newcastle. The biomass feedstock used at the £400 million ($663 million) Tyne REP will be woodchips sourced from certified sustainable forestry projects developed by MGT and partners in the Americas, the Baltic States and, at a later stage, the U.K.
Last month, MGT Power received permission to develop the 295-MW Tees renewable energy plant. Based at Teesport, the £500 million ($829 million) project will also supply power to about 600,000 households and will be operational in late 2012. The facility will be able to cut carbon-dioxide emissions by 1.2 million tonnes per year and will contribute to 5.5% of the U.K.'s target of generating 20% of energy from renewable sources by 2020. The plant will be able to generate the same amount of electricity per year as a 1,000-MW windfarm. For additional information, see related news item from July 21, 2009 - U.K. Government Approves 295-Megawatt Biomass-Based Power Plant.
MGT said that the biomass used at Tyne REP will be clean-burning woodchips, which deliver a 95% greenhouse-gas savings compared to coal or natural gas. Additionally, woodchips do not come from high-quality land suitable for food crops. The plant will use about 2.4 million tonnes of woodchips per year and will operate at baseload capacity 24 hours a day, all year round. The scoping document has been circulated to local planning and environmental groups, including North Tyneside Council, the Environment Agency and the Department of Energy & Climate Change (DECC).
The scheme will generate carbon-neutral electricity for about 600,000 homes in the North-East region of England. Subject to planning, the project is targeted to be up and running by 2014.
Chris Moore, Director of MGT Power, said, "With the government committed to more renewable electricity generation over the next decade, our Tyne biomass project, along with our consented scheme at Teesport, will make a significant contribution to the government's targets. Large-scale biomass projects can operate at baseload, and each scheme will produce in one year as much green electricity as the largest 1,000-MW windfarm project. Each biomass project will also save 1.2 million tonnes of CO2 from being emitted every year."
North Tyneside's mayor, Linda Arkley, added, "Tyne REP would bring substantial benefits to the borough and the wider region, representing an investment of over £400 million, the creation of hundreds of construction jobs, future permanent on-site jobs, 300 to 400 indirect jobs, and an annual spend of £30 million in the local economy."
View Project Report - 078000488
IIR's Renewable Energy Database provides extensive coverage on the Wind Energy, Geothermal, Hydroelectric, Landfill Gas-to-Energy and Utility-Scale Solar power plants throughout North America, and now expanding coverage across the world.
Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy related markets. For more than 26 years, Industrial Info has provided plant and project opportunity databases, market forecasts, high resolution maps, and daily industry news.
Last month, MGT Power received permission to develop the 295-MW Tees renewable energy plant. Based at Teesport, the £500 million ($829 million) project will also supply power to about 600,000 households and will be operational in late 2012. The facility will be able to cut carbon-dioxide emissions by 1.2 million tonnes per year and will contribute to 5.5% of the U.K.'s target of generating 20% of energy from renewable sources by 2020. The plant will be able to generate the same amount of electricity per year as a 1,000-MW windfarm. For additional information, see related news item from July 21, 2009 - U.K. Government Approves 295-Megawatt Biomass-Based Power Plant.
MGT said that the biomass used at Tyne REP will be clean-burning woodchips, which deliver a 95% greenhouse-gas savings compared to coal or natural gas. Additionally, woodchips do not come from high-quality land suitable for food crops. The plant will use about 2.4 million tonnes of woodchips per year and will operate at baseload capacity 24 hours a day, all year round. The scoping document has been circulated to local planning and environmental groups, including North Tyneside Council, the Environment Agency and the Department of Energy & Climate Change (DECC).
The scheme will generate carbon-neutral electricity for about 600,000 homes in the North-East region of England. Subject to planning, the project is targeted to be up and running by 2014.
Chris Moore, Director of MGT Power, said, "With the government committed to more renewable electricity generation over the next decade, our Tyne biomass project, along with our consented scheme at Teesport, will make a significant contribution to the government's targets. Large-scale biomass projects can operate at baseload, and each scheme will produce in one year as much green electricity as the largest 1,000-MW windfarm project. Each biomass project will also save 1.2 million tonnes of CO2 from being emitted every year."
North Tyneside's mayor, Linda Arkley, added, "Tyne REP would bring substantial benefits to the borough and the wider region, representing an investment of over £400 million, the creation of hundreds of construction jobs, future permanent on-site jobs, 300 to 400 indirect jobs, and an annual spend of £30 million in the local economy."
View Project Report - 078000488
IIR's Renewable Energy Database provides extensive coverage on the Wind Energy, Geothermal, Hydroelectric, Landfill Gas-to-Energy and Utility-Scale Solar power plants throughout North America, and now expanding coverage across the world.
Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy related markets. For more than 26 years, Industrial Info has provided plant and project opportunity databases, market forecasts, high resolution maps, and daily industry news.
