A Cleanaway and Macquarie Capital Green Investment Group joint venture will see waste from households and local businesses converted into power, for as many as 65,000 Western Sydney homes.
Cleanaway and Macquarie Capital are co-investing and co-developing the waste-to-energy project, which will eventually be operated by Cleanaway.
According to a Cleanaway statement, the proposal targets red bin waste that cannot be recycled, and will have the capacity to cut Western Sydney’s annual landfill volumes by 500,000 tonnes – almost a third of the red bin waste generated per year in the local area.
Cleanaway CEO Vik Bansal said that with technology available today, there is an opportunity for Western Sydney to become a leader in smart waste management.
“Our proposal, if successful, will turn rubbish that would have been landfilled into a clean source of energy that supplies the grid and contributes to more affordable power for consumers,” Mr Bansal said.
“By diverting waste from our landfills, an energy from waste facility would reduce greenhouse gas emissions by more than 450,000 tonnes of carbon dioxide each year. This is the same as taking approximately 100,000 cars off our roads.”
Mr Bansal said Cleanaway is committed to a comprehensive approvals and consultation process, and if successful, will pave the way for a facility using the world’s best high-temperature combustion technology.
“The emission cleaning systems ensure the emissions leaving the plant are cleaned before they enter the atmosphere,” Mr Bansal said.
“The proposal will be assessed considering the triple bottom line – making sure it creates social, environmental and economic benefits. We won’t spare any effort to ensure the design is leading edge in terms of environmental controls and safe for the community.”
To date, a site has been acquired for the potential facility at 339 Wallgrove Road, Eastern Creek, located in an industrial area surrounded by waste and recycling centres.
Preparation of an Environmental Impact Statement is underway, which will contain information about the project proposal including environmental assessments.
The statement will be released for public consultation early next year.