BALANGA CITY, Bataan – A group of businessmen from United Kingdom is doing a documentation of possible site for US$500 million waste to energy 100 megawatt power plant.
David Wood, a British banker who is willing to finance the project met on Friday afternoon with Bataan Vice Gov. Cris Garcia to discuss the proposal which will not cost the provincial government a single centavo.
The only counterpart of Bataan government is to offer a land in which to put up the power plant.
David Wood, a British banker, the plant will be needing around 1,500 tons of garbage a day as feedstock. If the garbage are not enough, the plant may contract waste supply from neighboring Central Luzon provinces and even Metro Manila.
The waste-to-energy power plant will adopt Australian technology which is reputed to be operating with net-zero emission compared to other technology “in the whole world.”
Under this scheme, waste that would go to landfill is converted to energy “thereby reducing carbon dioxide emission.”
Only last month, a joint Korean-Japanese investor signed a memorandum of understanding with the provincial government of Bataan to put up a US$1 billion 600 megawatt thermal power plant.