How can the ‘Willows’ Incinerator Save Money?
Norfolk County Council officials have no idea how to negotiate the best deal. At £105 per tonne the ‘Willows’ represents the most expensive incinerator on this scale anywhere in the UK (according to official figures published by the Waste Research Action Programme). The UK average cost is £78 per tonne!
The ‘Willows’ needed a Government subsidy to help it compete, after losing £169M of subsidy it is nonsense to say the ‘Willows’ would save money.
Paying above the going rate for 25 years matters, UEA Economist Dr Chris Edwards found better value proposals could save up to £8.5M every year instead of using the ‘Willows’ incinerator. Even if Norfolk has to pay a ridiculous £20M-£30M penalty to abandon the contract it is still cheaper to get out than continue.