Park Energy Limited
Park Energy Limited (PEL) is a recently incorporated
company that aims to develop, construct, build, own and
operate renewable energy plants using Anaerobic Digestion
technology. PEL’s initial target is to construct six
Centralized Anaerobic Digestion (CAD) plants in Yorkshire.
Key to the success of these Projects is the involvement of
local farmers who will be syndicated to supply feed-stocks
for the CAD Plant, similar in approach to a co-operative.
Farmer’s remuneration will be from a combination of (a)
payment for the delivered feedstock, (b) a royalty for the
power generated and (c) access to digestate to be used as
fertilizer.
The first of these projects, in Ryedale, is well advanced
and will consume feedstock from non-food crop such as maize
silage, animal slurry and waste food products from local
food processing plants. The latter is currently sent to
landfill for disposal. This feedstock will be converted to
electricity (about 1MW), which will be exported to the
local electricity network and heat (also about 1MW), some
of which will be used in the digestion process and some
that will be exported to neighbouring heat consumers.
PEL also proposes to construct a Visitor/Education Centre
on the first site, creating a learning environment for the
public and local schools and colleges for this aged form of
renewable energy generation.
Based on the initial Ryedale project, the remaining five
projects will be rolled out over a period of 2 years.
PEL’s proposal to utilize food waste will divert from
landfill useful feedstock that will provide the food sector
with additional green credentials (Corporate Social
Responsibility) and ease the cost of disposing to landfill.
The proposal will assist local authorities to meet their
Landfill Directive offsetting organic waste to landfill,
help to tackle the Landfill Allowance Trading Scheme,
implementation of the Nitrates Directive as well as
contribute towards achieving the renewables targets
encompassing Renewables Obligation and Renewable Transport
Fuel Obligation in the district.