WRI economic impact study gives $600 Million Energy from Waste Project green light



WRI recently completed an economic impact analysis of an Energy from Waste (EfW) project as part of a feasibility study for Australian Paper.

WRI's economic analysis confirmed that the EfW facility would support an average of 1,046 Victorian jobs per year during the 3 year construction period and more than 900 when operational.

Australian paper have recently announced a partnership with SUEZ to develop the plant into operation. The waste facility is the first of its kind for Victoria and will use kerbside rubbish to power Australian Paper's regional Victorian paper mill. The plant will generate 225 megawatts of electricity and divert 650,000 tonnes of Gippsland and Melbourne rubbish from landfill.

Approximately half of the 1,046 jobs will remain in regional Victoria, in the La Trobe Valley.

Australian Paper and SUEZ will seek waste supply arrangements for the project by 2020. Construction of the EfW facility is planned to begin soon after with the completion expected in 2024.

WRI measures the economic contribution and employment contribution of projects like this using input-output analysis which provides a detailed picture of the structure of an economy at a point in time and can be used to estimate the contribution or impact of a sector of the economy or an individual organisation including flow on or multiplier effects.

The Australian Paper is a vertically integrated manufacturer of pulp and paper. The company strives to achieve sustainable practices throughout it's operations in a way that aims to minimise its impact on the environment and improve its social and economic contribution to its employees and the communities in which it operates.

#strategicplanning #regional #business #Investment #Energyfromwaste

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