A waste management company, based in London has announced today its plans to grow the “world’s biggest” single-site energy from waste (EfW) decarbonisation initiative. The enterprise by the name Cory intends to establish CCS technology at its current facility which has a capacity of about 750,000 tonnes capacity. The new plant is expected to be operational by 2026 in Belvedere, southeast London.
An estimated 1.5 million tonnes will be delivered in terms of CO2 savings by 2030, according to claims made by the company. The CEO, Dougie Sutherland said that Cory’s project of carbon capture has the potential to be revolutionary as being one of the largest CCS projects in the UK, and it would also pave the way for river-based solutions using the natural infrastructure of the Thames River to mobilise CO2.
Cory currently operates directly in seven London boroughs, including Fulham and Hammersmith, Lambeth, Bexley, Wandsworth, the Royal Borough of Kensington and Chelsea, Tower Hamlets and the City of London. Thames River has a strategic location and the company plans to construct a transport hub to ship CO2 from other major industries and factories in the region. They claim that they will be able to access underwater storage locations, including the industrial clusters that have been identified by the government. Cory is looking to invest more than £800 million dedicated to the carbon capture projects in the upcoming years.
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