One of Eco2’s projects has been recognised for providing a significant boost to Wales’ clean energy capacity, with Welsh Government figures showing that nearly half of the electricity consumed in the region last year came from renewable sources.
The Energy Generation in Wales Report published this week has shown that the equivalent of 48% of the electricity used in 2017 came from renewable sources as the region continued to ramp up its clean power capacity. And whilst nearly two thirds of renewables generation came from wind, biomass was given a significant boost following the commencement of electricity generation at Wales’ largest biomass project, the Margam Green Energy plant in Neath Port Talbot.
The Margam Green Energy Plant is a 40MW biomass power station, which utilises around 300,000 tonnes of waste wood that would otherwise be disposed of to landfill. It was developed under a joint venture between Eco2 and the Western Logs Group, Margam Green Energy Ltd, of which a 100% share was purchased by Glenmont Partners in 2015. Eco2 continue to be actively involved in the project, with Eco2 Management Services Ltd managing the project on behalf of the owners.
Figures released in the report, which show a 5% increase in clean energy consumption from 2016, and the commissioning of projects like the Margam Green Energy Plant represent positive steps made, as the Welsh Government works towards its 70% renewable energy target by 2030.
David Williams, Chief Executive of Eco2 said: “We are very pleased to see that Wales is leading the way in clean energy generation and consumption. The Margam Green Energy Plant is a fantastic project and demonstrates the contribution that biomass can make in the fight against climate change. Eco2 is very proud to have been involved and for it to be recognised for its contribution to Wales.”
Over the past fifteen years, Eco2 has developed extensive experience in developing, building and managing biomass plants, accumulating an international development portfolio worth £4 Billion. To find out more about our biomass projects, click here.