The Poolbeg Incinerator

Decision date on construction work at Dublin Waste to Energy Plant

Dublin City Council and Dublin Waste to Energy Ltd. have reviewed the
situation regarding the decision date on re-commencement of
construction work at the Dublin Waste to Energy Plant and have agreed
to extend the decision date on the Project to 5th April 2013. This
decision has been taken in light of the fact that negotiations between
Dublin Waste to Energy Ltd and their banks regarding finance are
progressing towards a conclusion for the construction phase of the
project.

In relation to the regulatory issues i.e. complaints regarding State
Aid and Procurement, the City Council is actively engaged with the
European Commission to assist them to reach a determination on these
issues at the earliest possible date.

The Dublin Waste to Energy Plant is needed more than ever. The
Government’s new waste management policy wants Ireland to become
independent of landfill and to manage our own waste.

The Waste to Energy Project is central to the Dublin Region Waste
Plan, which aims to achieve 59% recycling, 16% landfill with the
remaining 25% of non-recyclable waste being thermally treated at the
Waste to Energy Plant, generating enough energy to provide electricity
for the equivalent of 40,000 homes and district heating for another
50,000 homes equivalent.

Without the Dublin Waste to Energy Plant, Ireland is unlikely to meet
the very challenging EU Diversion from Landfill target in 2016.  Fines
of up to €41m per annum may be imposed on the Irish taxpayer for
non-compliance with this target.

Recycling rates in the Dublin region are currently at 42% (up from 10%
in 1998 when the Dublin Region Waste Plan was adopted) and still quite
a bit away from the 59% envisaged under the Plan. Almost 60% of
Dublin’s waste is still being trucked to landfills around the country
or it is being sent abroad to be incinerated.

This is an untenable position having regard to the EU Waste Framework
Directive as transposed into Irish law.