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Iona Capital Attends EfW Showcase

On 21 January 2020 Julia Safiullina addressed attending delegates at Energy from Waste Showcase organised by Energy Industries Council at Manchester Chamber of Commerce, Manchester.

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Energy-from-Waste (EfW) is widely recognized as a technology that in the right context can help mitigate climate change and move waste up the waste hierarchy. Whilst recycling remains a key priority EfW is a preferred strategy over landfill for non-cyclable materials. Recent developments in carbon capture technologies are also helping to mitigate the carbon emissions from EfW plants. A further key development for the industry is the use of the excess heat for district heating schemes.

Approximately 65% of energy is lost in traditional power plants due to inefficient conversion processes and losses in transmission. More efficient localised generation processes will create significant  benefits:

– Environmental: Increased efficiency can lower greenhouse gas (GHG) emissions and other pollutants, as well as decrease water use.

– Economic: Improving energy efficiency can lower individual utility bills, create jobs, and help stabilize electricity prices and volatility