Dive Summary:
- The regional district in Vancouver, British Columbia is seeking proposals from cities, governments, and public and private land holders who own property that could be used for a new waste-to-energy site.
- Proposals have previously been received for companies interested in operating the plant, and include Covanta Energy, Aquilini Renewable Resources and Lehigh Cement, the majority of who plan to create a mass-burn incinerator, with some pitching anaerobic digestion and gasification.
- The waste incinerator will be constructed to accept approximately 407,855 tons of waste and is expected to be running by 2018.
From the article:
"I think we're going to have enough interest from municipalities and property owners who want to have a waste-to-energy facility located in their community that we aren't going to have to look at areas that aren't welcoming it," he [Metro board chair Greg Moore] said.
Metro expects to pay market value, but some land owners – such as local cities that stand to benefit from a district energy network – may offer the land for less to increase their chances of success.
According to Metro, the low rating on the financial costs is because the price of land is expected to make up less than five per cent of total project costs, which could top $500 million.
