Energy from waste is key to green growth and energy security, says new CBI Economics report

The new analysis found that in 2022: The new analysis found that in 2022: Mike Maudsley, Chief Executive Officer at enfinium, said: "The transition to a Net Zero economy represents one of the greatest economic opportunities in the UK's history. Our modern energy from waste facilities already generate hundreds of millions of pounds of green growth every year and support high-quality jobs in the communities we operate." "By leveraging new technologies like carbon capture and storage,...

The new analysis found that in 2022:

Mike Maudsley, Chief Executive Officer at enfinium, said: "The transition to a Net Zero economy represents one of the greatest economic opportunities in the UK's history. Our modern energy from waste facilities already generate hundreds of millions of pounds of green growth every year and support high-quality jobs in the communities we operate."

"By leveraging new technologies like carbon capture and storage, electrolytic hydrogen and heat networks, we have the opportunity to build on our success and transform our waste infrastructure into Net Zero Hubs that will help create the green industries of the future."

Mohammad Jamei, Director of CBI Economics said: "Energy resilience is now mission critical for the UK economy and promoting business investment in home-grown energy solutions will not only drive green growth but improve prosperity for all. Our research found that enfinium's activities contribute to society in a number of important ways – driving economic growth, battling climate change and creating, then sustaining, well-paid green jobs."

enfinium operates four energy from waste facilities: Ferrybridge 1 and 2 in Yorkshire, Parc Adfer in North Wales and Kemsley in Kent. It has a further two facilities under construction: Kelvin in the West Midlands and Skelton Grange in Leeds. Both of these new facilities are due to enter operations in 2025.

A copy of the CBI Economics report can be downloaded from the enfinium website here.

Notes to editor:

About enfinium

enfinium is one of the largest energy from waste businesses in the UK and is an industry leader in the conversion of non-recyclable residential and business waste into heat and partially renewable power. enfinium currently has a platform of six (two in construction) strategically located facilities across the UK. Today, enfinium has an annual waste processing capacity of over 2.3 million tonnes, and a total combined electric generating capacity of 265MW (gross) — enough energy to power more than 500,000 UK homes. For more on enfinium, please visit www.enfinium.co.uk.

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