North London Waste Authority has won a competitive bid to borrow £100 million from the government at a reduced interest rate, which will be used to replace the energy from waste plant – now 50 years old – in Edmonton, north London.
The successful application to borrow at 1.7% interest instead of the usual 2.9% is one of the Authority’s actions to deliver the North London Heat and Power Project (NLHPP). The authority deals with waste from seven borough councils in north London (Barnet, Camden, Enfield, Hackney, Haringey, Islington and Waltham Forest).
The new facility is expected to start operating in 2025 when the current facility will begin decommissioning and be demolished.
Planners generally require EfW plabts to provide facilities to export waste heat to district heat networks (although the option has seldom been taken up, see Grab some easy wins on heat). Asked about district heating, NLHPP said, “we are working with Energetik to try delivering the heat output of our facility to local homes through the Meridian Water Heat Network,” a local scheme being promoted by Energetik, an Enfield Council owned company. The scheme is a separate project and will be managed by Energetik.