Private Finance Initiative: Difference between revisions

From Wikiwaste
Bin52 (talk | contribs)
expanded text and addition of table and links
Bin52 (talk | contribs)
m add page specific text
Line 1: Line 1:
[[Category:Legislation & Policy]] [[Category:Economics]]
[[Category:Legislation & Policy]] [[Category:Economics]]
In its desire to stimulate investment in waste infrastructure, and underpin the diversion of [[BMW]] waste from [[Landfill]], the Government supported/subsidised a range of treatment technologies on a number of sites that were procured by [[Waste Disposal Authorities]] needing this infrastructure through a dedicated long term Private Finance Initiative (PFI). This arrangement has now ceased, several schemes which were to have been funded had their funding removed after [[DEFRA]] assessed <ref>[https://data.gov.uk/dataset/b99f22a0-e716-44bf-bff2-a12da2562e4f/waste-infrastructure-delivery-programme-widp-residual-waste-treatment-infrastructure-project-list-ipl DEFRA Waste Infrastructure Delivery Programme]</ref> that the [[BMW]] targets could be met with the infrastructure funded to that date, and several are currently being considered by [[Waste Disposal Authorities]] for movement out of PFI after consideration of the cost benefit of continuing with the contract.
In its desire to stimulate investment in waste infrastructure, and underpin the diversion of [[BMW]] waste from [[Landfill]], the Government supported/subsidized a range of treatment technologies on a number of sites that were procured by [[Waste Disposal Authorities]] needing this infrastructure through a dedicated long term Private Finance Initiative (PFI). This arrangement has now ceased, several schemes which were to have been funded had their funding removed after [[DEFRA]] assessed <ref>[https://data.gov.uk/dataset/b99f22a0-e716-44bf-bff2-a12da2562e4f/waste-infrastructure-delivery-programme-widp-residual-waste-treatment-infrastructure-project-list-ipl [[DEFRA]] Waste Infrastructure Delivery Programme]</ref> that the [[BMW]] targets could be met with the infrastructure funded to that date, and several are currently being considered by [[Waste Disposal Authorities]] for movement out of PFI after consideration of the cost benefit of continuing with the contract.


The table below is an extract from DEFRA data <ref>[https://data.gov.uk/dataset/b99f22a0-e716-44bf-bff2-a12da2562e4f/waste-infrastructure-delivery-programme-widp-residual-waste-treatment-infrastructure-project-list-ipl DEFRA Residual Waste Treatment Infrastructure Project List dated 31st December 2016 but noted as last updated 29th March 2019 (edited with press updates)]</ref>  summarising the residual waste projects that are/were PFI and PPP projects:
The table below is an extract from DEFRA data <ref>[https://data.gov.uk/dataset/b99f22a0-e716-44bf-bff2-a12da2562e4f/waste-infrastructure-delivery-programme-widp-residual-waste-treatment-infrastructure-project-list-ipl [[DEFRA]] Residual Waste Treatment Infrastructure Project List dated 31st December 2016 but noted as last updated 29th March 2019 (edited with press updates)]</ref>  summarizing the residual waste projects that are/were [[PFI]] and [[PPP]] projects:


{| class="wikitable"
{| class="wikitable"
|-
|-
! Location !! Project/Site !! Classification !! Status !! Capacity (ktpa) !! Plant Type !! Comment
! Location !! Project/Site !! Classification !! Status !! Capacity <ref> the capacity has been reproduced from the DEFRA data, but has not been verified in this table, an din some cases is known to be incorrect</ref> (ktpa) !! Plant Type !! Comment
|-
|-
| Avonmouth MBT || New Earth Solutions || PPP || Operational || 372 || [[MBT]] || Bought out of administration by [[Beauparc]],currently services [[West of England]], contracts lost to [[Suez]] and [[Viridor]] from 2022
| Avonmouth || New Earth Solutions || [[PPP]] || Operational || 372 || [[MBT]] || Bought out of administration by [[Beauparc]],currently services [[West of England]], contracts lost to [[Suez]] and [[Viridor]] from 2022
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Avonmouth || New Earth Energy || [[PPP]] || Mothballed || 73 || [[EfW]] || [[RDF]] from Avonmouth MBT fed this plant, technology failed, currently mothballed
|-
| Example || Example || Example || Example || Example || Example || Example
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Basingstoke || [[Chineham]] ([[Project Integra]]) || [[PPP]] || Operational || 99 || EfW || [[Veolia]] site for [[Hampshire County Council]]
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Birmingham || [[Landor Street]] || [[PPP]] || Operational || 165 || MBT || Example
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Birmingham || [[Tyseley]] || [[PPP]] || Operational || 361 || [[EfW]] || [[Veolia]] site towards its end of life
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Bolton|| [[Raikes Lane]] || [[PFI]] || Operational || 86 || [[EfW]] || Example
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Buckinghamshire || [[Greatmoor]] || [[PPP]] || Operational || 300 || [[EfW]] || [[FCC]] site
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Cambridgeshire || [[Waterbeach]] || [[PFI]] || Operational || 200 || [[MBT]] || [[Amey Cespa]] site with variable performance reported, planning being pursued for new [[EfW]] on the site
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Cornwall || [[St. Dennis]] || [[PFI]] || Operational || 240 || [[EfW]] || [[Suez]] site
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Coventry || [[Coventry EFW]] || [[PPP]] || Operational || 245 || [[EfW]] || Example
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Cumbria || [[Hespin Wood]] || [[PPP]] || Mothballed|| 66 || [[MBT]] || Example
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Cumbria || [[Barrow-in-Furness]]|| [[PPP]] || Mothballed || 50 || [[MBT]] || Example
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Derbyshire || [[Sinfin Lane]] || [[PPP]] || In Construction || 190 || [[EfW]] || Recent termination of contract after delays in commissioning
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Dudley || [[Lister Road]] || [[PPP]] || Operational || 93 || [[EfW]] || Example
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| [[ELWA]] 1 || [[Frog Island]] || [[PFI]] || Operational || 180 || [[MBT]] || [[Renewi]] site servicing [[ELWA]], recently reported financial difficulty
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| [[ELWA]] 2 || [[Jenkins Lane]] || [[PFI]] || Operational || 180 || [[MBT]] || As per [[ELWA]] 1
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| East Sussex || [[Newhaven]] || [[PFI]] || Operational || 234 || [[EfW]] || Servicing [[East Sussex County Council]] and [[Brighton and Hove City Council]]
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Essex || [[Courtauld Road]] || [[PFI]] || Operational || 417 || [[MBT]] || Servicing [[Essex County Council]] and [[Southend-on-Sea Council]], reported operational difficulties
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Exeter || [[Marsh Barton]] || [[PPP]] || Operational || 60 || [[EfW]] || [[Viridor]] site
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Ferrybridge || [[Multifuel 1]] (FM1) || [[PPP]] || Operational || 400 || [[EfW]] || Example
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Gloucestershire || [[Javelin Park]] || [[PPP]] || Operational || 190 || [[EfW]] || Example
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Greater Manchester || [[Longley Lane]] || [[PFI]] || Mothballed || 110 || [[MBT]] || Example
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Greater Manchester || [[Runcorn Phase 1]] || [[PFI]] || Operational || 325 || [[EfW]] || Example
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Greater Manchester || [[N. Manchester]] || [[PFI]] || Mothballed || 65 || [[MBT]] || Example
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Greater Manchester || [[Oldham]] || [[PFI]] || Mothballed || 99|| [[MBT]] || Example
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Greater Manchester || [[Salford]] || [[PFI]] || Mothballed || 73 || [[MBT]] || Example
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Greater Manchester || [[Stockport]] || [[PFI]] || Mothballed || 92 || [[MBT]] || Example
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Hartlepool || [[Tees Valley Lines 1 &2]] || [[PPP]] || Operational || 345 || [[EfW]] || Example
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Herefordshire || [[Hartlebury]] || [[PPP]] || In Construction || 200 || [[EfW]] || Example
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Hertfordshire || [[Hoddesdon]] || [[PPP]] || Post Close || 320 || [[EfW]] || Example
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Isle of Wight || [[Isle of Wight [[Gasification]]]] || [[PPP]] ||In Construction || 40 || [[EfW]] || Example
|-
|-
| Example || Example || Example || Example || Example || Example || Example
| Example || Example || Example || Example || Example || Example || Example
Line 156: Line 154:
| Example || Example || Example || Example || Example || Example || Example
| Example || Example || Example || Example || Example || Example || Example
|-
|-
| Example || Example || Example || Example || Example || Example || Example
}
|-
| Example || Example || Example || Example || Example || Example || Example
|-
| Example || Example || Example || Example || Example || Example || Example
|-
| Example || Example || Example || Example || Example || Example || Example
|-
| Example || Example || Example || Example || Example || Example || Example
|-
| Example || Example || Example || Example || Example || Example || Example
|-
| Example || Example || Example || Example || Example || Example || Example
|-
| Example || Example || Example || Example || Example || Example || Example
|-
| Example || Example || Example || Example || Example || Example || Example
|-
| Example || Example || Example || Example || Example || Example || Example
|-
| Example || Example || Example || Example || Example || Example || Example
|-
| Example || Example || Example || Example || Example || Example || Example
|-
| Example || Example || Example || Example || Example || Example || Example
|-
| Example || Example || Example || Example || Example || Example || Example
|-
| Example || Example || Example || Example || Example || Example || Example
|-
| Example || Example || Example || Example || Example || Example || Example
|}

Revision as of 10:57, 21 January 2020

In its desire to stimulate investment in waste infrastructure, and underpin the diversion of BMW waste from Landfill, the Government supported/subsidized a range of treatment technologies on a number of sites that were procured by Waste Disposal Authorities needing this infrastructure through a dedicated long term Private Finance Initiative (PFI). This arrangement has now ceased, several schemes which were to have been funded had their funding removed after DEFRA assessed [1] that the BMW targets could be met with the infrastructure funded to that date, and several are currently being considered by Waste Disposal Authorities for movement out of PFI after consideration of the cost benefit of continuing with the contract.

The table below is an extract from DEFRA data [2] summarizing the residual waste projects that are/were PFI and PPP projects:

}
Location Project/Site Classification Status Capacity [3] (ktpa) Plant Type Comment
Avonmouth New Earth Solutions PPP Operational 372 MBT Bought out of administration by Beauparc,currently services West of England, contracts lost to Suez and Viridor from 2022
Avonmouth New Earth Energy PPP Mothballed 73 EfW RDF from Avonmouth MBT fed this plant, technology failed, currently mothballed
Basingstoke Chineham (Project Integra) PPP Operational 99 EfW Veolia site for Hampshire County Council
Birmingham Landor Street PPP Operational 165 MBT Example
Birmingham Tyseley PPP Operational 361 EfW Veolia site towards its end of life
Bolton Raikes Lane PFI Operational 86 EfW Example
Buckinghamshire Greatmoor PPP Operational 300 EfW FCC site
Cambridgeshire Waterbeach PFI Operational 200 MBT Amey Cespa site with variable performance reported, planning being pursued for new EfW on the site
Cornwall St. Dennis PFI Operational 240 EfW Suez site
Coventry Coventry EFW PPP Operational 245 EfW Example
Cumbria Hespin Wood PPP Mothballed 66 MBT Example
Cumbria Barrow-in-Furness PPP Mothballed 50 MBT Example
Derbyshire Sinfin Lane PPP In Construction 190 EfW Recent termination of contract after delays in commissioning
Dudley Lister Road PPP Operational 93 EfW Example
ELWA 1 Frog Island PFI Operational 180 MBT Renewi site servicing ELWA, recently reported financial difficulty
ELWA 2 Jenkins Lane PFI Operational 180 MBT As per ELWA 1
East Sussex Newhaven PFI Operational 234 EfW Servicing East Sussex County Council and Brighton and Hove City Council
Essex Courtauld Road PFI Operational 417 MBT Servicing Essex County Council and Southend-on-Sea Council, reported operational difficulties
Exeter Marsh Barton PPP Operational 60 EfW Viridor site
Ferrybridge Multifuel 1 (FM1) PPP Operational 400 EfW Example
Gloucestershire Javelin Park PPP Operational 190 EfW Example
Greater Manchester Longley Lane PFI Mothballed 110 MBT Example
Greater Manchester Runcorn Phase 1 PFI Operational 325 EfW Example
Greater Manchester N. Manchester PFI Mothballed 65 MBT Example
Greater Manchester Oldham PFI Mothballed 99 MBT Example
Greater Manchester Salford PFI Mothballed 73 MBT Example
Greater Manchester Stockport PFI Mothballed 92 MBT Example
Hartlepool Tees Valley Lines 1 &2 PPP Operational 345 EfW Example
Herefordshire Hartlebury PPP In Construction 200 EfW Example
Hertfordshire Hoddesdon PPP Post Close 320 EfW Example
Isle of Wight [[Isle of Wight Gasification]] PPP In Construction 40 EfW Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
Example Example Example Example Example Example Example
  1. DEFRA Waste Infrastructure Delivery Programme
  2. DEFRA Residual Waste Treatment Infrastructure Project List dated 31st December 2016 but noted as last updated 29th March 2019 (edited with press updates)
  3. the capacity has been reproduced from the DEFRA data, but has not been verified in this table, an din some cases is known to be incorrect