A Japanese company is looking into establishing the Philippines’ first waste-to-energy power plant in Quezon City, expected to amount to $395 million.
The plant is expected to begin operations in 2020. Construction surveys have begun in the area. The Japanese engineering company will create a special-purpose company to undertake the project.
The costs include initial investment and costs for running the facility for around 2 decades.
The site will combine a garbage incineration facility capable of processing 3 million residents’ worth of waste with a power plant able to pump out more than 20,000 kilowatts (kW).
Costs are to be recovered through waste-processing fees that will be paid by municipalities, and proceeds from electricity rates.
In a report by Nikkei Asian Review, waste incineration facilities are needed if a certain country’s per-capita gross domestic product exceeds $3,000. The Philippines’ per-capita GDP is nearing $3000, and landfill capacity in Manila is already scarce.