Newry's Re-Gen in export fuel deal with Norwegian energy giant
RE-GEN Waste has signed a contract which will see the Newry company supply 100,000 tonnes of refuse derived fuel to Oslo.
The three-year contract with Fortum is for its combined heat and power facility at Klemestrud in the Norwegian capital.
The fuel is produced from repurposed waste at Re-Gen’s Newry manufacturing plant.
Managing director Joseph Doherty said the deal marked the first-ever bulk shipment of refuse derived fuel from the UK to the waste-to-energy facility in Norway.
“Teamed with the carbon efficiency and cost effectiveness of bulk shipping, this provides maximum value recovery of the energy from waste provided,” he said.
“Fortum is processing the waste to provide electricity and heat for Oslo city and nearby towns. With the city’s target of 95 per cent reduction of greenhouse gas emissions by 2030 in focus, the Klemestrud facility in Oslo has successfully developed a carbon capture and storage process which recaptures the CO2 emissions,” continued the managing director.
“This is part of the Longship project developed by the Norwegian government which will see recaptured CO2 being stored in underground reservoirs.
“This cooperation works for Re-Gen, as both partners are committed to reducing, recycling, and reusing materials effectively as we aim to meet government legislation.”
Earlier this year Re-Gen announced plans to develop a £22m self-funded ‘circular economy resource park' at the Invest NI Carnbane Business Park in Newry, which the waste firm said will create 130 jobs.
Re-Gen said it will also inject £20m into the development of new waste-derived paper and glass products.