The operator of one of the first full-scale anaerobic digestion plants to treat household waste in the UK has revealed a "strong economic return" for its initial investment.
Greenfinch Ltd, which opened its plant in South Shropshire in mid-2006, has stated that that plants processing 15,000 tonnes a year could cost in the region of GB Pounds 2.2 million to set up, but these can be profitable.
The company's CEO, Michael Chesshire, revealed to an audience in London that every year an anaerobic digestion plant like his can bring in earnings of GB Pounds 300,000 for electricity generated from biogas as well as GB Pounds 675,000 in gate fees for taking in these wastes.
The news was revealed to delegates of a Composting Association seminar in South London, and Michael Chesshire went further to say; "There is a general misunderstanding in the waste industry over the cost, size and nature of anaerobic digestion. Not only is profitability possible, returns can be strong.
A GB Pounds 2.2 million plant, which takes 15,000 tonnes of waste a year, costs only GB Pounds 350,000 a year to operate.
Michael Chesshire the CEO of Greenfinch, the company which designed, and managed the construction stage of the DEFRA/WRAP funded full-scale household green waste/food waste anaerobic digestion plant now operating in South Shropshire (UK) as a technology demonstration project, said that there are also potential uses for the products of the process which if sold can further improve profitability.