Energy from waste (EfW) is an emerging technology that seeks to maximise the value from waste as a resource. It has clear benefits to society, making the world greener through reducing landfill and increasing the effectiveness of the circular economy.
In Victoria’s east, in the Latrobe Valley, the Maryvale Energy from Waste project is on track to complete a state-of-the-art EfW facility that once housed Maryvale Mill. The recent announcement of equity partners, ACCIONA as the construction provider, and commitments from New Zealand and Suez Australia for 150,000 tonnes per annum of commercial and industrial waste1 brought significant cheers to the energy sector.
The facility will comprise one processing line, providing a commercially efficient waste management solution for councils. It will divert approximately 325,000 tonnes of non-recyclable waste and convert it into steam and electricity to replace coal-fired electricity, providing a crucial and viable solution to landfill. The facility itself will require an investment of $500 million, and will create more than 500 jobs in its construction phase. It is expected to commence in late 2021, and be completed in 20252.
The EfW industry works hand-in-hand with recycling processes and has the potential to reduce carbon emissions. By offering base-load generation, it can supplement solar and wind production, thereby providing a crucial link in Australia’s push for a viable renewable energy sector.
If you’re working in the energy sector, make sure you connect with our Power in Asset Management Special Interest Group. You’ll be invited to events that are targeted towards the industry with a focus on asset management and how it builds value for the enterprise.
Join the Asset Management Council and receive immediate benefits, such as CDP points, free access to our database of technical papers and our informative webinar series, reduced rates at our events and conferences, and much more. Learn more about membership rates by clicking here.