GPT Waste Management Ltd

GPT Waste Management Ltd

International W2E Market Bulletin November Round-Up


Source: GPT Waste Management Ltd

The latest’s issue of International W2E Market Bulletin has been published.

The RDF/SRF energy sector volatility continue caused by a lack of available spot tonnes and increasing demand in key markets.

For RDF, shipments to Rotterdam are still seeing enquiries for extra material. Traders are indicating that AEB’s Amsterdam plant is still building up stocks. Contract tonnes are being called and its leaving suppliers with limited room for spot deals. Gate Fees are lower and the short-term outlook favours suppliers.

Potential downsides are the over-supply in the German market; if material can be exported to neighbouring countries due to rising gate fees of up to €185.00 pmt, it could change the game. Italian suppliers continue to knock on doors to offload its millions of off-spec RDF/SRF, but fees will have to be drastically re-examined to undercut in –spec traditional suppliers. For SRF prices into southern Europe (Portugal), prices are about $67.00 pmt CIF, while prices in some Scandinavia and Baltic countries are also improving (see price table).

For other Alternative Fuels, used tyre prices (TDF) into Turkey are increasing. A lack of thermal coal and petroleum coke is encouraging some industrial buyers to widen their fuel portfolio. TDF is assessed on average at $37.00 pmt CIF Marmara, up $5.00 pmt on the last W2E issue. Securing a reliable supply is the main challenge. In Egypt, alternative fuels continue to be scarce, as internal logistics create issues. But prices are also strong at $55.00-60.00 pmt. At this level, solid fuels are more competitive, as is natural gas.

Waste to energy operator Impetus Waste Management have gone into administration with the loss of 73 jobs. The company’s waste transfer stations in North Tees and Leeds have ceased trading. But parts of the business have been taken over by new owners. Two landfill and composting facilities at Cowpen Bewley and Teesport have been sold to Highfield Environmental Limited. Impetus’s waste to energy plant could handle in excess of 600,000 tonnes of waste a year.

Veolia has officially opened its Leeds Recycling and Energy Recovery Facility on 15 November. Built under contract with Leeds City Council, the plant can process in excess of 200,000 tonnes a year of residual waste and can generate 11 MW of electricity. Veolia estimated the cost of designing, building and operating the facility would cost £460 million in 2012, when it was awarded the contract. Construction began in 2013. Veolia will operate the facility for the remainder of its contract with the council.

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