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Tilbury Green Power: Difference between revisions
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Tilbury Green Power Limited (TGP) is a renewable power plant fuelled by waste wood located within the Port of Tilbury on the banks of the River Thames<ref name="TGP">[https://www.tilburygreenpower.com/ Tilbury Green Power]</ref>. The plant has a capacity of around 40 MW and produces up to 319,000 MWh of renewable electricity each year which supplies on average, around 97,000 homes<ref name="TGP" />. | Tilbury Green Power Limited (TGP) is a renewable power plant fuelled by waste wood located within the Port of Tilbury on the banks of the River Thames<ref name="TGP">[https://www.tilburygreenpower.com/ Tilbury Green Power]</ref>. The plant has a capacity of around 40 MW and produces up to 319,000 MWh of renewable electricity each year which supplies on average, around 97,000 homes<ref name="TGP" />. | ||
The plant uses around 270,000 tonnes of waste wood per annum<ref name="TGP" /> which is provided by Stobart Biomass who source the waste wood fuel for the plant from the local catchment area | The plant uses around 270,000 tonnes of waste wood per annum<ref name="TGP" /> which is provided by Stobart Biomass who source the waste wood fuel for the plant from the local catchment area which is then processed at the onsite facility<ref name="GIB">[https://greeninvestmentgroup.com/news-and-insights/2015/uk-green-investment-bank-and-esb-support-new-190m-renewable-electricity-plant-on-the-thames/ Green Investment Bank]</ref>. | ||
The Tilbury Green Power Plant was developed by Tilbury Green Power Limited, the major shareholders of whom are Electricity Supply Board (ESB) and the UK Green Investment Bank (GIB). Burmeister and Wain Scandinavian Contractor (BWSC) and AET are minor shareholders<ref name="TGP" />. GIB and ESB each invested £35m to the project as a combination of equity and shareholder loans, with an additonal £2m participation from the technology provider AET<ref name="GIB" />. Senior debt funding was provided by the Danish Export Credit Agency (Eksport Kredit fonden), Investec and Rabobank<ref>https://www.aet-biomass.com/en-GB/Home/References/Biomass-fired-Plants/Tilbury-Green-Power-London.aspx</ref>. | The Tilbury Green Power Plant was developed by Tilbury Green Power Limited, the major shareholders of whom are Electricity Supply Board (ESB) and the UK Green Investment Bank (GIB). Burmeister and Wain Scandinavian Contractor (BWSC) and AET are minor shareholders<ref name="TGP" />. GIB and ESB each invested £35m to the project as a combination of equity and shareholder loans, with an additonal £2m participation from the technology provider AET<ref name="GIB" />. Senior debt funding was provided by the Danish Export Credit Agency (Eksport Kredit fonden), Investec and Rabobank<ref>https://www.aet-biomass.com/en-GB/Home/References/Biomass-fired-Plants/Tilbury-Green-Power-London.aspx</ref>. | ||