Port of Dover Bio-Power Contract

 

TIDMRWE 
 
 
Renewable Energy Generation Ltd 
07 December 2009 
 
? 
7 December 2009 
Renewable Energy Generation Limited 
("REG" or the "Company") 
Five year contract with Port of Dover to reduce carbon footprint by installing 
REG Bio-Power CHP 
Renewable Energy Generation Limited (AIM: RWE), the natural energy group, today 
announces that its wholly-owned subsidiary, REG Bio-Power, has signed a five 
year contract with the Port of Dover to supply electricity and heat from its 
biofuel-fired combined heat and power system at the Port. 
REG Bio-Power is meeting a growing demand for the generation of decentralised 
electricity on industrial and commercial sites.  The company has a proprietary 
fuel, known as LF100, which is refined from used vegetable cooking oil recovered 
from local authorities, caterers and restaurant chains to produce renewable, 
carbon-neutral electricity. 
The agreement with the Port of Dover, REG Bio-Power's first independent 
commercial CHP contract, has fixed electricity prices for the first three 
years.  The heat and electricity produced makes the scheme eligible for two 
Renewable Obligation Certificates per MWh. 
Under the terms of the agreement with the Port of Dover, REG Bio-Power will 
install a 150kW Volvo Genset to supply a proportion of the Port's annual heat 
and electrical demand, which totals around 6-8MW.  Upon the successful 
implementation of this project, both parties have agreed to discuss a further 
roll out of similar operations across the Port. 
Construction of the plant will start in December and is expected to be completed 
in January. 
Andrew Whalley, CEO of REG, commented: 
"As energy efficiency and the environment become increasingly important to 
consumers, UK businesses are responding.  Our CHP systems allow businesses to 
demonstrate corporate responsibility, reduce costs and enhance energy security 
and reliability.  We are delighted to announce our first commercial CHP contract 
with the Port of Dover and to be able to demonstrate how the use of our 
biofuel-fired CHP technology can make a significant reduction to carbon 
emissions." 
Bob Goldfield, Chief Executive, Port of Dover, said: 
"As the operator of Europe's busiest ferry port, Dover has been a leader in 
environmental practice within the industry.  Dover was the first port in Europe 
to be accredited to the Ports Environmental Review System in 2002 and the first 
port to be re-accredited in 2005. Indeed, 2005 was also the year when we entered 
into a partnership with the Carbon Trust and Energy Management Systems to start 
the campaign to reduce our carbon footprint. The agreement with REG shows our 
ongoing commitment to achieving this aim." 
Ends 
 
 
Contacts: 
Renewable Energy Generation Ltd                     Tel: [phone] 
Andrew Whalley, Chief Executive Officer 
David Crockford, Finance Director 
 
 
Hogarth Partnership Ltd                                      Tel: [phone] 
Sarah MacLeod 
Julian Walker 
Vicky Watkins 
 
 
Notes to Editors 
 
 
Renewable Energy Generation Ltd (REG) is a UK orientated renewable energy group. 
The Group's main business is the development, construction and operation of wind 
farms in the UK and generating power from refined used cooking oil in the UK. 
 
 
  *  The Cornwall Light & Power Co. Ltd: based in Cornwall, UK, it currently operates 
  seven wind projects in Cambridgeshire, Cornwall, County Durham, Cumbria and 
  Gwynedd, with a total capacity of 21.3MW and has a development pipeline of 
  around 350MW. 
 
 
 
  *  REG Bio-Power UK Ltd: based in Nottingham, UK: it operates electricity 
  generation plant fuelled by vegetable oil. 
 
 
 
Headquartered in Guernsey, REG was admitted to trading on AIM, a market operated 
by the London Stock Exchange, in May 2005 (AIM:RWE). 
 
 
www.renewableenergygeneration.co.uk 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 NRACKOKDOBDKQBK