ReEnergy Group has a responsibility to investors and the wider community to raise awareness of the regulatory drivers behind our business.

 

Waste Processing

 

The EU Landfill Directive

 

England and Wales produce approximately 28 million tonnes of municipal waste each year, of which approximately 78% has traditionally been land-filled. At historical annual growth rates of approximately 3%, the volume of waste is forecast to double by 2020. However, the EU Landfill Directive requires a phased reduction in the biodegradable element of landfill waste to 35% of 1995 levels by 2020. Failure to comply with these stepped targets may be punishable by fines.

 

Click here to view the EU Landfill Directive

 

Waste Strategy 2000

 

A stated objective of the UK Government's waste strategy is the reduction of the quantity of commercial and industrial waste land-filled to 85% of 1998 levels by 2005.

 

Click here to view the Waste Strategy 2000

 

 

Waste Derived Fuel

 

The Large Combustion Plant Directive

 

Under the LCP Directive, strict limits are to be placed on the SOx, NOx and particulate emissions of power stations from 2008. Qualifying plants have the right to opt into or out of the LCP Directive. Those plants that opt out will be restricted to 20,000 hours of operation in total from 2008, with enforced closure by the end of 2015.

 

Click here to view the Large Combustion Plant Directive

 

Waste Heat Recovery

 

Renewables Obligation Order

 

The Renewables Obligation Order sets percentages of the total electricity supplies which must be derived from renewable sources in each year, starting at 3% in 2002 and increasing by 1% per annum to a maximum of 15.4% by 2016. The Renewables Obligation Order applies to all UK electricity suppliers who, to meet the annual obligations, must either generate electricity themselves from renewable energy sources or contract a supply of renewable energy from outside generators. For each MW of supply provided, a Renewable Obligation Certificate (ROC) is allocated to the generator, and as ROCs are the means by which suppliers can meet their obligations under the Renewables Obligation Order, ReEnergy Group believes that generators contracted by electricity suppliers will be able to command a premium for electricity generated from renewable sources. The UK electricity market receives ROCs worth on average £42/MWh produced.

 

Need a Second Opinion?

 

ReEnergy Group's management and staff have worked for many years in the business of supplying sustainable solutions. Please contact us with questions you have regarding the latest developments in government legislation and how they affect you.