Cory reveals £500m energy park plans

Cory Riverside Energy has announced plans to build a £500m integrated, low-carbon energy park at its site in South East London.

The park will sit alongside Cory’s existing energy recovery facility and include a range of new technologies, which will generate up to 96MW of renewable electricity at peak times.

The proposed new park will include a 74MW energy-from-waste facility, 20MW of battery storage and a 1MW anaerobic digestion facility.

Cory has already advised the government’s Planning Inspectorate of its plans, and will consult with the local community and other organisations, before formally submitting an application to the secretary of state.

It expects to hold public exhibitions during the summer of 2018 and construction is targeted to begin in 2021.

In addition, Cory has selected Hitachi Zosen Inova as its engineering, procurement and construction (EPC) contractor.

“The new energy park represents a huge step forward when it comes to meeting London’s waste management and energy generation needs,’ said Cory’s chief executive, Nicholas Pollard.

“Our current Riverside energy recovery facility has been reliably operating at capacity and within all air pollution limits since day one, so expanding our energy generating capabilities in a more ambitious integrated Energy Park is the natural next step,” added Pollard.

“By employing a range of technologies which are proven at scale, we can expand our ability to generate clean, low carbon renewable energy for London and treat more of London’s waste within the city’s boundaries.”

In October, Cory was awarded a 10-year waste-processing contract by the London borough of Tower Hamlets.

Under the terms of the agreement, Cory will process up to 110,000 tonnes of waste from the borough a year until March 2027, with an extension option to 2035.