Private Finance Initiative: Difference between revisions

Bin52 (talk | contribs)
m add page specific text
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/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.
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 and several that have been removed (i.e. Lancashire) or have had closed with major restructure (i.e. Sheffield and Greater Manchester).


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 with additional commentary/notes added:
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 with additional commentary/notes added:
Line 6: Line 6:
{| class="wikitable"
{| class="wikitable"
|-
|-
! Location !! Project/Site !! Classification !! Status !! Capacity <ref> the capacity has been reproduced from the DEFRA data, but has not been verified in this table, and in some cases is known to be incorrect</ref> (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, and in some cases is known not to be up to date</ref> (ktpa) !! Plant Type !! Comment
|-
|-
| Avonmouth || New Earth Solutions || [[PPP]] || Uncertain <ref> Future of site uncertain, still operational to contract handover, but site up for sale as of Jan 2020</ref> || 372 || [[MBT]] || Bought out of administration by [[Beauparc]],currently services [[West of England Partnership | West of England]], contracts lost to [[Suez]] and [[Viridor]] from March 2020
| Avonmouth || New Earth Solutions || [[PPP]] || Uncertain <ref> Future of site uncertain, still operational to contract handover, but site up for sale as of Jan 2020</ref> || 372 || [[MBT]] || Bought out of administration by [[Beauparc]],currently services [[West of England Partnership | West of England]], contracts lost to [[Suez]] and [[Viridor]] from March 2020
Line 26: Line 26:
| Cornwall || [[St. Dennis]] || [[PFI]] || Operational || 240 || [[EfW]] || [[Suez]] site ([[Cornwall Energy Recovery]]) part of an integrated contract with [[Cornwall | Cornwall Council]] to 2039
| Cornwall || [[St. Dennis]] || [[PFI]] || Operational || 240 || [[EfW]] || [[Suez]] site ([[Cornwall Energy Recovery]]) part of an integrated contract with [[Cornwall | Cornwall Council]] to 2039
|-
|-
| Coventry || [[Coventry EFW]] || [[PPP]] || Operational || 245 || [[EfW]] || Operated by [[The Coventry and Solihull Waste Disposal Company Limited | CSWDC]] taking waste from [[Coventry City Council | Coventry]]and [[Solihull Metropolitan Borough Council | Solihull]]. A new PFI agreed in 2009 to replace the original plant and to include [[Warwickshire County Council |Warwickshire]] has not progressed to date
| Coventry || [[Coventry EFW]] || [[PPP]]<ref>A new PFI agreed in 2009 to replace the original plant and to include [[Warwickshire County Council |Warwickshire]] has not progressed to date</ref> || Operational || 245 || [[EfW]] || Operated by [[The Coventry and Solihull Waste Disposal Company Limited | CSWDC]] taking waste from [[Coventry City Council | Coventry]]and [[Solihull Metropolitan Borough Council | Solihull]].  
|-
|-
| Cumbria || [[Hespin Wood]] || [[PPP]] || Mothballed<ref name="moth" />|| 66 || [[MBT]] || [[Shanks | Renewi]] 25 year contract from 2009 for [[Cumbria County Council | Cumbria]] reported as under financial difficulty <ref> [https://www.letsrecycle.com/news/latest-news/carlisle-efw-proposed-as-part-of-cumbria-waste-plan/ Letsrecycle article re: Carlisle EfW and context of current PPP contract]</ref>
| Cumbria || [[Hespin Wood]] || [[PPP]] || Mothballed<ref name="moth" />|| 66 || [[MBT]] || [[Shanks | Renewi]] 25 year contract from 2009 for [[Cumbria County Council | Cumbria]] reported as under financial difficulty <ref> [https://www.letsrecycle.com/news/latest-news/carlisle-efw-proposed-as-part-of-cumbria-waste-plan/ Letsrecycle article re: Carlisle EfW and context of current PPP contract]</ref>
Line 32: Line 32:
| Cumbria || [[Barrow-in-Furness]]|| [[PPP]] || Mothballed || 50 || [[MBT]] || [[Shanks | Renewi]] 25 year contract from 2009 for [[Cumbria County Council | Cumbria]] reported as under financial difficulty
| Cumbria || [[Barrow-in-Furness]]|| [[PPP]] || Mothballed || 50 || [[MBT]] || [[Shanks | Renewi]] 25 year contract from 2009 for [[Cumbria County Council | Cumbria]] reported as under financial difficulty
|-
|-
| Derbyshire || [[Sinfin Lane]] || [[PPP]] || In Construction || 190 || [[EfW]] || Recent termination of contract after delays in commissioning
| Derbyshire || [[Sinfin Lane]] || [[PPP]] || Uncertain <ref> After issues with the initial commissioning of the MBT part of the project, there were then extended delays in commissioning the [[EfW]] portion of contract - plant delivery/final commissioning is presently unclear </ref>  || 190 || [[EfW]] || Termination of contract reported Aug. '19 between [[Derby City Council]] and [[Derbyshire County Council]] and [[Renewi]]
|-
|-
| Dudley || [[Lister Road]] || [[PPP]] || Operational || 93 || [[EfW]] || Example
| Dudley || [[Lister Road]] || [[PPP]] || Operational || 93 || [[EfW]] || Operated by [[MES Environmental]]
|-
|-
| [[ELWA]] 1 || [[Frog Island]] || [[PFI]] || Operational || 180 || [[MBT]] || [[Renewi]] site servicing [[East London Waste Disposal Authority | ELWA]], recently reported financial difficulty
| [[ELWA]] 1 || [[Frog Island]] || [[PFI]] || Operational || 180 || [[MBT]] || [[Renewi]] site servicing [[East London Waste Disposal Authority | ELWA]], recently reported financial difficulty
Line 44: Line 44:
| Essex || [[Courtauld Road]] || [[PFI]] || Operational<ref name="op" /> || 417 || [[MBT]] || Contract operated by [[Urbaser Balfour Beatty]] servicing [[Essex County Council]] and [[Southend-on-Sea Borough Council | Southend]], reported operational difficulties
| Essex || [[Courtauld Road]] || [[PFI]] || Operational<ref name="op" /> || 417 || [[MBT]] || Contract operated by [[Urbaser Balfour Beatty]] servicing [[Essex County Council]] and [[Southend-on-Sea Borough Council | Southend]], reported operational difficulties
|-
|-
| Exeter || [[Marsh Barton]] || [[PPP]] || Operational || 60 || [[EfW]] || [[Viridor]] site
| Exeter || [[Marsh Barton]] || [[PPP]] || Operational || 60 || [[EfW]] || Developed and operated by [[Viridor]] in partnership with [[Devon County Council]] with a focus on Exeter and the immediate surrounds
|-
|-
| Ferrybridge || [[Multifuel 1]] (FM1) || [[PPP]] || Operational || 400 || [[EfW]] || Example
| Ferrybridge || [[Multifuel 1]] (FM1) || [[PPP]] || Operational || 400 || [[EfW]] || Example
Line 50: Line 50:
| Gloucestershire || [[Javelin Park]] || [[PPP]] || Operational<ref name="op" /> || 190 || [[EfW]] || Example
| Gloucestershire || [[Javelin Park]] || [[PPP]] || Operational<ref name="op" /> || 190 || [[EfW]] || Example
|-
|-
| Greater Manchester || [[Longley Lane]] || [[PFI]] || Operational || 110 || [[MBT]] || [[Viridor]] [[Laing]] consortium contract with [[Greater Manchester Combined Authority | GMWA]] terminated 2017, now [[Suez]] from June 2019 for 7 years
| Greater Manchester || [[Longley Lane]] || [[PFI]] || Operational || 110 || [[MBT]] || [[Viridor]] [[Laing]] consortium [[PFI]] contract with [[Greater Manchester Combined Authority | GMWA]] terminated 2017, now [[Suez]] from June 2019 for 7 years
|-
|-
| Greater Manchester || [[Runcorn Phase 1]] || [[PFI]] || Operational || 325 || [[EfW]] || [[Viridor]] bought out [[Laing]] in Nov 2018 and continues to operate contract with [[Greater Manchester Combined Authority | GMWA]] to 2035 (with option to extend) despite termination of wider PFI
| Greater Manchester || [[Runcorn Phase 1]] || [[PFI]] || Operational || 325 || [[EfW]] || [[Viridor]] bought out [[Laing]] in Nov 2018 and continues to operate under contract with [[Greater Manchester Combined Authority | GMWA]] to 2035<ref>As part of the restructuring of the PFI contract, with option to extend </ref>
|-
|-
| Greater Manchester || [[N. Manchester]] || [[PFI]] || Operational || 65 || [[MBT]] || [[Viridor]] [[Laing]] consortium contract with [[Greater Manchester Combined Authority | GMWA]] terminated 2017, now [[Suez]] from June 2019 for 7 years
| Greater Manchester || [[N. Manchester]] || [[PFI]] || Operational || 65 || [[MBT]] || [[Viridor]] [[Laing]] consortium [[PFI]] contract with [[Greater Manchester Combined Authority | GMWA]] terminated 2017, now [[Suez]] from June 2019 for 7 years
|-
|-
| Greater Manchester || [[Oldham]] || [[PFI]] || Operational || 99|| [[MBT]] || [[Viridor]] [[Laing]] consortium contract with [[Greater Manchester Combined Authority | GMWA]] terminated 2017, now [[Suez]] from June 2019 for 7 years
| Greater Manchester || [[Oldham]] || [[PFI]] || Operational || 99|| [[MBT]] || [[Viridor]] [[Laing]] consortium [[PFI]] contract with [[Greater Manchester Combined Authority | GMWA]] terminated 2017, now [[Suez]] from June 2019 for 7 years
|-
|-
| Greater Manchester || [[Salford]] || [[PFI]] || Operational || 73 || [[MBT]] || [[Viridor]] [[Laing]] consortium contract with [[Greater Manchester Combined Authority | GMWA]] terminated 2017, now [[Suez]] from June 2019 for 7 years
| Greater Manchester || [[Salford]] || [[PFI]] || Operational || 73 || [[MBT]] || [[Viridor]] [[Laing]] consortium [[PFI]] contract with [[Greater Manchester Combined Authority | GMWA]] terminated 2017, now [[Suez]] from June 2019 for 7 years
|-
|-
| Greater Manchester || [[Stockport]] || [[PFI]] || Operational || 92 || [[MBT]] || [[Viridor]] [[Laing]] consortium contract with [[Greater Manchester Combined Authority | GMWA]] terminated 2017, now [[Suez]] from June 2019 for 7 years
| Greater Manchester || [[Stockport]] || [[PFI]] || Operational || 92 || [[MBT]] || [[Viridor]] [[Laing]] consortium [[PFI]] contract with [[Greater Manchester Combined Authority | GMWA]] terminated 2017, now [[Suez]] from June 2019 for 7 years
|-
|-
| Hartlepool || [[Tees Valley Lines 1 &2]] || [[PPP]] || Operational || 345 || [[EfW]] || Example
| Hartlepool || [[Tees Valley Lines 1 &2]] || [[PPP]] || Operational || 345 || [[EfW]] || Example
Line 80: Line 80:
| Leeds || [[Cross Green]] || [[PFI]] || Operational || 165 || [[EfW]] || Site developed by [[Veolia]] on behalf of [[Leeds City Council]] under a 25 year contract to 2037
| Leeds || [[Cross Green]] || [[PFI]] || Operational || 165 || [[EfW]] || Site developed by [[Veolia]] on behalf of [[Leeds City Council]] under a 25 year contract to 2037
|-
|-
| Leicstershire  || [[Mowmacre Hill]] || [[PFI]] || Operational || 165 || [[EfW]] || Example
| Leicstershire  || [[Mowmacre Hill]] || [[PFI]] || Operational || 165 || [[EfW]] || [[Leicetershire City Council]]
|-
|-
| Leicstershire  || [[Cotesbach]] || [[PPP]] || Operational || 50 || [[MBT]] || Example
| Leicstershire  || [[Cotesbach]] || [[PPP]] || Operational || 50 || [[MBT]] || [[Leicetershire County Council]]
|-
|-
| Lincolnshire || [[North Hykeham]] || [[PPP]] || Operational || 154 || [[EfW]] || Example
| Lincolnshire || [[North Hykeham]] || [[PPP]] || Operational || 154 || [[EfW]] || Example
|-
|-
| L.B. Southwark ||[[Old Kent Road]]  || [[PFI]] || Operational || 100 || [[MBT]] || Example
| L.B. Southwark ||[[Old Kent Road]]  || [[PFI]] || Operational || 100 || [[MBT]] || [[Southwark London Borough | Southwark]]
|-
|-
| Merseyside || [[Wilton]] || [[PPP]] || Operational<ref name="op" /> || 440 || [[EfW]] || [[Suez]] site in Teeside, waste hauled by rail from Merseyside transfer station under contract with [[Merseyside Waste Disposal Authority | MWDA]]
| Merseyside || [[Wilton]] || [[PPP]] || Operational<ref name="op" /> || 440 || [[EfW]] || [[Suez]] site in Teeside, waste hauled by rail from Merseyside transfer station under contract with [[Merseyside Waste Disposal Authority | MWDA]]
|-
|-
| Milton Keynes || [[Wolverton]] || [[PPP]] || In Construction]] || 80 || [[EfW]] || Example
| Milton Keynes || [[Wolverton]] || [[PPP]] || In Construction || 80 || [[EfW]] || Example
|-
|-
| NE Lincolnshire || [[Stallingborough]] || [[PPP]] ||Operational  ||53  || [[EfW]] || Example
| NE Lincolnshire || [[Stallingborough]] || [[PPP]] ||Operational  ||53  || [[EfW]] || Example
Line 132: Line 132:
| Staffordshire || [[Four Ashes]] || [[PFI]] || Operational || 325 || [[EfW]] || [[Veolia]] operated site for [[Staffordshire County Council]], 25 year contract from July 2010, with inputs also from [[Sandwell Metropolitan Borough Council | Sandwell]], [[Warwickshire County Council | Warkwickshire]] and [[Walsall Metropolitan Borough Council | Walsall]]
| Staffordshire || [[Four Ashes]] || [[PFI]] || Operational || 325 || [[EfW]] || [[Veolia]] operated site for [[Staffordshire County Council]], 25 year contract from July 2010, with inputs also from [[Sandwell Metropolitan Borough Council | Sandwell]], [[Warwickshire County Council | Warkwickshire]] and [[Walsall Metropolitan Borough Council | Walsall]]
|-
|-
| Stoke on Trent || [[Campbell Road]] || [[PPP]] || Operational || 174 || [[EfW]] || Example
| Stoke on Trent || [[Campbell Road]] || [[PPP]] || Operational || 174 || [[EfW]] || Operated by [[MES Environmental]]
|-
|-
| Suffolk || [[Great Blakenham]] || [[PFI]] || Operational || 269 || [[EfW]] || Example
| Suffolk || [[Great Blakenham]] || [[PFI]] || Operational || 269 || [[EfW]] || Example
Line 148: Line 148:
| Western Riverside || [[Belvedere]] || [[PPP]] || Operational || 688 || [[EfW]] || [[Cory]] site in Bexley, supplied by river from two transfer stations for [[Western Riverside Waste Disposal Authority | WRWA]], plus some local tonnage for [[Bexley London Borough Council | Bexely]]
| Western Riverside || [[Belvedere]] || [[PPP]] || Operational || 688 || [[EfW]] || [[Cory]] site in Bexley, supplied by river from two transfer stations for [[Western Riverside Waste Disposal Authority | WRWA]], plus some local tonnage for [[Bexley London Borough Council | Bexely]]
|-
|-
| Whites Pit, Poole || [[Canford]] || [[PPP]] || Operational || 50 || [[MBT]] || Example
| Whites Pit, Poole || [[Canford]] || [[PPP]] || Operational || 50 || [[MBT]] || [[Bornmouth Borough Council]]
|-
|-
| Wiltshire || [[Northacre Farm]] || [[PPP]] || Operational || 60 || [[MBT]] || [[Hills]] site at Westbury
| Wiltshire || [[Northacre Farm]] || [[PPP]] || Operational || 60 || [[MBT]] || [[Hills]] site at Westbury
|-
|-
| Wolverhampton || [[Crown Street EFW]] || [[PPP]] || Operational || 108 || [[EfW]] || Example
| Wolverhampton || [[Crown Street EFW]] || [[PPP]] || Operational || 108 || [[EfW]] || Operated by [[MES Environmental]]
|}
|}
==References==
==References==
<references />
<references />