Waste-to-Energy Micro-Power Station Network
We have recently submitted an application for funding under the Collaborating Councils Sustainability Fund to deliver a Business Case that is potentially so good our consultant literally found it hard-to-believe!
The funding will go towards analysing the viability of expanding the waste-to-energy system being trialled in Hepburn to all its neighbouring Councils: City of Ballarat and the Macedon Ranges, Mount Alexander, Central Goldfields and Pyrenees Shire Councils.
Equivalent to building a Council-controlled 6MW power station right where we need it, we expect the Business Case to confirm that for $33 million we could convert 43,000 tonnes of organic waste per year into:
- 5.44 MW of electricity and 6 MW of heat
- 10,000m3 of class 'A' water
- 3000 tonnes of nutrient rich ‘soil conditioner’
- cutting 80,000 tonnes of GHG emissions (20,000 cars)
The real kicker for this project is that it would turn a $3 - 4 million annual liability for Councils (waste disposal and transport) into a $12 million annual asset with an ROI of over 21%, a payback period of under 4 years and a cash return to the 6 participating Councils of nearly $250 million ($1/4 billion) over 20 years. All from organic waste we currently pay to convert into GHG emissions!
To find out more, read on...