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Covanta announces contract for waste to energy facility

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Hydrocarbon Engineering,

Covanta, a world leader in sustainable waste and energy solutions, has announced the execution of a long term waste supply contract for the Dublin waste to energy facility with Panda, one of the leading waste and recycling collection companies in Ireland. To date, 60% of the facility's waste processing capacity has been secured under long term contract.

"We are pleased to have made significant progress in securing waste contracts on terms consistent with our market expectations, and we continue to see very strong local market demand for the facility's capacity as we look to secure additional volumes," said Covanta President and CEO, Stephen J. Jones. "Construction of the facility continues to progress on schedule and is over 50% complete. We look forward to delivering a state of the art waste and energy solution to the Dublin Region in late 2017."

The Dublin waste to energy project is a Public Private Partnership (PPP) between Covanta and Dublin City Council (acting on behalf of the four Dublin Local Authorities) that will provide the Dublin region with a long term sustainable and environmentally superior waste management solution, enabling it to divert post-recycled waste from landfills and become locally self sufficient in managing waste, consistent with regional, national and EU waste policies.

When complete, the Dublin facility will process approximately 600 000 tpy of waste and will generate clean energy to supply 80 000 homes, reducing Ireland's reliance on imported fossil fuel. The facility has also been designed with technology and infrastructure to provide enough heat to meet the equivalent needs of over 50 000 homes, if a district heating system is implemented in the future.

Under the project agreement with the Dublin regional authorities, Covanta is responsible for sourcing waste supply for the facility, which will consist of residential, commercial and industrial waste streams from Dublin and surrounding areas.

Adapted from press release by Francesca Brindle

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