First of-its-kind decarbonised flexible power generation and carbon capture plant breaks ground in Rhodesia, Worksop. A project that will support the county’s energy transition to net zero.
The 28 million carbon capture and power generation plant that broke ground yesterday is a joint venture between Landmark Power Holdings and Victory Hill (investment fund). Once operational it will have an electrical capacity of 10MW. Local Specialist high voltage engineering and contracting firm Smith Brothers is providing EPC support on the project.
The Rhodesia plant is the first developed under Landmark Power Holdings, FlexPower Plus concept for Flexible power generation with natural gas-powered engines, with increased energy efficiency and carbon capture technology.
The plants’ construction incorporates a range of well-established and proven technologies which, when combined, materially increase the efficiency of the plants. The plant will benefit from the involvement and expertise of some of the world’s leading industrial technology companies including MTU Rolls Royce/ Yellow Power, Swedish industrial group, Climeon, Mitsubishi Heavy Industries Group subsidiary Turboden based in Italy, and privately-held Swiss Carbon Capture technology manufacturer, ASCO Carbon Dioxide Ltd.
Marking the commencement of work on Tuesday the 25th of Oct- chairman of Bassetlaw District Council, Madelaine Richardson, broke the ground alongside Eleanor Fraser-Smith, head of sustainability at Victory Hill Capital Partners, Mick Avison, founder and managing director of Landmark Power Holdings, and John Smith, co-funder and chairman of Smith Brothers.
There are over 40.000 people in Worksop, and once operational, this site will have the capacity to provide 25% of power for those living in the area,” explained Mick Avison, founder and managing director of Landmark Power Holdings. “Household energy will be created using natural gas, while the plant will turn waste into food-grade carbon dioxide, (sold through a Food Grade CO2 offtake agreement with BUSE GASES LIMITED, one of the global leading suppliers in the industrial and specialty gas markets).
Expected to go into commercial operation in Q2 2023 the project will produce highly efficient flexible power, which will help secure the supply within the UK electricity grid and contribute to the growth in renewable generation capacity.
Capable of powering 9% of the properties in Bassetlaw, chairman of Bassetlaw District Council, Madelaine Richardson said: “Having the first decarbonised power plant is a great asset for us. Partnerships and investments such as these are important for sustainable outcomes, plus making the most of the waste products is of particular interest to me, as I continue to explore how we better tackle the challenges of all forms of waste, in our area.”
Alan Hoyle, project manager, of Smith Brothers concluded: “This carbon capture project is the first of its kind in the UK and represents the future of power generation – if we’re to achieve our nation’s sustainability ambitions. This week’s breaking ground is a milestone moment, and we’re proud to be part of the powerhouse of organisations which are committed to delivering on this vital scheme.”
Eleanor Fraser-Smith, head of sustainability at Victory Hill Capital Partners added: “Victory Hill is committed to working towards the UK’s energy transition goals, and projects such as this are imperative for us to secure a net zero future. We plan to be good neighbours throughout the construction and operation of this project and look forward to putting Worksop on the map for being a leading light in the future of power generation.”
Notes to editors
Landmark Power Holdings
UK based electricity generation company, Landmark Power Holdings Ltd. a specialised developer and operator of decarbonised gas-fired power plants, and the owner of these unique plant designs.
Landmark Power Holdings (LMPH), supports the energy transition by using a combination of conventional technologies to produce clean, flexible and distributed power. Our power plants are decarbonised and contribute to the circular economy by improving efficiency and treating all waste products as potential resources.
VH Global Sustainable Energy Opportunities plc is a part of About Victory Hill Capital Advisors LLP
Victory Hill Capital Advisers LLP is the investment-focused subsidiary of Victory Hill Capital Group LLP. Victory Hill Capital Advisors LLP (FRN 938594) is an Appointed Representative of G10 Capital Limited, which is authorised and regulated by the Financial Conduct Authority (FRN 648953).
Victory Hill is based in London and was founded in May 2020 by an experienced team of energy financiers that have spun-out of a large established global project finance banking group. The team have an established track record built over six years while working together in their previous roles and participating in over $37.1bn in sustainable energy project transaction values, generating over 24.2 per cent. equity returns. In addition, the team has also participated in more than $200bn in transaction values across 91 conventional and renewable energy-related transactions in over 30 jurisdictions worldwide, throughout their individual careers. The average experience per individual is 21 years of relevant energy finance experience. Victory Hill Capital Advisors LLP is the investment adviser entity of the Victory Hill group.
The Victory Hill team deploys its experience across different financial disciplines in order to holistically assess investments from multiple points of view. The firm pursues operational stability and well-designed corporate governance to generate sustainable positive returns for investors. It focuses on supporting and accelerating the Energy Transition and the attainment of the UN Sustainable Development Goals.
VHCA is a signatory of the United Nations Principles for Responsible Investing (UN PRI), the United Nations Global Compact (UN GC) and is a formal supporter of the Financial Stability Board’s Task-Force on Climate-related Disclosures (TFCD).
Smith Brothers Contracting
Smith Brothers is a large, turnkey electrical contractor with offices in Elland (West Yorkshire), Sheffield (South Yorkshire), and Dublin (Ireland). Boasting over 20 years of experience, the firm has worked on a vast portfolio of projects throughout the UK and overseas, both as an ICP and EPC contractor on schemes up to 132kV. https://www.smithbrothersltd.co.uk/.
Providing gas powered MTU reciprocating engines – the main driver of the new plants
Swedish company, providing Organic Rankine Cycle (“ORC”) low-temperature waste heat capture technology.
Providing Organic Rankine Cycle (“ORC”) high-temperature waste heat capture technology.
Providing the carbon capture & re-use (“CCR”) technology to the project.
CO2 offtake agreement, one of the global leading suppliers in the industrial and specialty gas markets.