A consortium of investors, who included Prince Charles and the famous British financier Jacob Rothschild, will invest $ 102 million in the production of electricity from waste. According to Business Green, the consortium will create a company called Tamar Energy. Over the next few years, the company will build in the UK 40 stations with total capacity of 100 megawatts.
In addition to the heir to the throne and RIT Capital Partners, Chairman of the Board of Directors which is the Rothschild, the consortium includes one of the country’s largest supermarket chains J Sainsbury and investment fund Government of the Emirate of Abu Dhabi and the Sultanate of Brunei.
Power plants will operate on the principle of methane fermentation. As a result of this process produces biogas, which is used as fuel for electricity generation. Such power plants can operate on household waste and on waste agriculture.
By 2020, the UK government plans to produce at least 15 percent of its electricity from renewable sources. At present, the country has a 200 power plants in the trash. Their total capacity is 170 MW. For comparison, the power of one nuclear power plant unit ranges from 800 to 1,200 megawatts.