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Economic Viability of an Energy from Waste Industry in Queensland CSIRO Workshop | June 2014.

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Presentation on theme: "Economic Viability of an Energy from Waste Industry in Queensland CSIRO Workshop | June 2014."— Presentation transcript:

1 Economic Viability of an Energy from Waste Industry in Queensland CSIRO Workshop | June 2014

2 Content Introduction and key issues Energy from Waste (EfW) in an integrated waste management system EfW Technologies Waste Clusters Energy Market and CSO Financial Model Conclusion

3 Limitations This presentation is intended to provide an excerpt to the Department of Environment and Heritage Protection (EHP) on the economic viability analysis of an Energy from Waste Industry in Queensland. It does not purport to be comprehensive advice LGIS disclaims all responsibility and liability for any expense, damage, loss or costs EHP (or third parties) may incur as a result of use of or reliance on the content of this presentation LGIS acknowledges drawing on publicly available peer- reviewed resources. LGIS has not independently verified the information gathered

4 Introduction EfW is common practice in the US, Japan and Europe Objectives of EfW are to: – Avoid long-term environmental risks associated with landfills – Utilise the energy content of waste – Reduce the waste facility footprint – scarcity of land – Extract metals – Create localised closed loops

5 Introduction – Waste Hierarchy

6 Introduction - Situation in Europe

7 Introduction - Benchmarking Germany Denmark UK Ireland Slovenia Spain

8 Objectives of LGIS Work Assist understanding of economic drivers for a EfW industry in Queensland Identification of regions or areas which are more likely to invest in sophisticated EfW technologies Consideration as to when investment conditions are likely to become favourable for sophisticated EfW technologies Identification of EfW technologies that may offer the best return on investment in Queensland Assist understanding of policy instruments that could influence EfW investment conditions in Queensland

9 EfW in an integrated waste management system AD GF LFG MBI GF Pyr Small scale RDF/RDFPP

10 Organic Waste to energy options High in Oil High in Sugar Solid Biomass Wet / Slurry Biomass Organic waste Agricultural, Manure, Forestry, Food industry, Sewage sludge, Separately collected organics from residents

11 Landfill Gas – Bioreactor (LFG)

12 Anaerobic Digestion (AD) Example Kompogas

13 Refuse Derived Fuel (RDF) and RDF Power Plant (RDFPP)

14 Gasification (GF)

15 Waste Cluster Categories 5 major categories Waste composition Waste quantities Population forecasts NEM accessibility CSO implications Geographic locations

16 Waste Cluster Categories Waste quantities Population forecasts

17 Electricity Market

18 Electricity Price Queensland electricity base load spot price forecast by ACIL Tasman 2012

19 Model – Waste Flows

20 Model – Base Case Output

21 Model capex/opex sensitivity

22 Without direct policy intervention Landfill Gas is the lowest cost option to 2015 By 2020 Anaerobic Digestion should become lowest cost option except for SEQ, where RDF should become the lowest cost option by More sophisticated technologies Gasification and RDF - power plant remain highest cost options

23 Policy intervention possibilities Policies can have significant influence on the timing and viability of sophisticated EfW technologies Increased landfill standards or landfill surcharges will bring forward the point in time when AD and RDF will become more favourable Existing CSO could be an important revenue source if made available for embedded electricity generation EfW Standards and EfW in the context of a Queensland waste strategy in conjunction with the energy strategy would provide further investment confidence

24 Conclusions All variables together are important when considering attractiveness of EfW investments Economic variables suggest good EfW investment conditions by 2020 for AD and RDF, EfW projects have lead times of several years Non-economic environment needs to be set (such as EfW standards, community engagement)

25 Clinton Parker Manager, Business Solutions Umur Natus-Yildiz Senior Advisor THANK YOU


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