Bankrolling Biomass

The past 12 months has seen a huge surge in interest in biomass in the UK, largely driven by the doubling of Renewable Obligation Certificates (ROCs) allocated to qualifying biomass projects. Growth has also been spurred by the appetite of utilities and independent developers for a more diversified portfolio of renewable generating assets and by the need for waste generators to deal with their waste more effectively.

Those who produce waste - from local authorities to caterers to food retailers - are mindful of increasing landfill costs and the growing might of the green lobby which argues that waste should be viewed as a resource where possible, not just a cost.