SIMEC Atlantis Energy Limited Uskmouth Conversion Pre-Application Consultation (2706O)
May 29 2020 - 2:00AM
UK Regulatory
TIDMSAE
RNS Number : 2706O
SIMEC Atlantis Energy Limited
29 May 2020
The information contained in this announcement is inside
information under the Market Abuse Regulation (EU) No 596 / 2014.
The person responsible for arranging the release of this
announcement on behalf of SIMEC Atlantis Energy Limited is Tim
Cornelius, Chief Executive Officer of SIMEC Atlantis Energy
Limited.
29 May 2020
SIMEC ATLANTIS ENERGY LIMITED
("Atlantis" or the "Company")
Uskmouth Conversion Project
Pre-Application Consultation
SIMEC Atlantis Energy Limited, a global developer, owner and
operator of sustainable energy projects, today announces the
commencement of the 28-day Pre-Application Consultation ("PAC") for
the Uskmouth Power Station conversion project, a planning milestone
for the project. The PAC will run from 1 June 2020 to 29 June
2020.
Atlantis welcomes the Welsh Government's recent amendment to
planning legislation regarding PAC requirements during COVID-19
restrictions which came into effect at midnight on 19 May 2020.
Following on from this advice, the Uskmouth Conversion Project PAC
will be hosted online on the Simec Atlantis Energy website:
www.simecatlantis.com/uskmouth-power-station-planning-application/
where the following documents will be made available:
-- Planning application
-- Planning statement
-- Design and access statement
-- Non-technical summary
-- Environmental Statement
These documents will be available for review and comment by the
public for 28 days from 1 June 2020 to 29 June 2020. Following
completion of the PAC, the PAC report will be submitted alongside
the full planning application to the local authority, Newport City
Council ("NCC") for determination. The statutory timescale for EIA
planning application determination is 16 weeks and therefore the
Company expects that NCC would have concluded the determination of
the planning application by Q4 2020.
Atlantis has been developing the Uskmouth Conversion Project
since June 2018 when the Company acquired the project from SIMEC UK
Energy Holdings Limited. Since then the design of the project has
evolved and been optimised in close consultation with the
regulators and local stakeholders. The design evolution has sought
to address potential environmental impacts and the following is a
summary of the key changes that have been incorporated into the
project design.
-- Atlantis and project partners SIMEC Subcoal Fuels ("SSF")
will not progress the fuel pellet production plant previously
considered for construction on land adjacent to the Uskmouth Power
Station in Wales, removing the requirement to import raw waste
feedstock into Newport, significantly reducing road traffic and
transport impacts.
-- Fuel pellet production plants are under development at
alternative locations in England. It is proposed that fuel pellets
will be transported to the Uskmouth project site via rail from
these fuel production plants. Fuel delivery by rail replicates
previous operational activity at the Uskmouth Power Station when it
had been previously coal fired, contributing to a significant
reduction in road transport.
-ENDS-
Enquiries:
SIMEC Atlantis Energy Limited via FTI Consulting
Tim Cornelius, Chief Executive Officer
Stephen Hutt, Chief Financial Officer
Cantor Fitzgerald Europe (Nominated
Adviser and Broker) +44 (0) 20 7894 7000
Rick Thompson
David Porter
Luke Philippou
FTI Consulting +44 (0)20 3727 1000
Ben Brewerton
Caroline Cutler
Chris Laing
Notes to Editors
SIMEC Atlantis Energy
SIMEC Atlantis Energy is a global developer, owner and operator
of sustainable energy projects with a diverse portfolio in various
stages of development. This includes a 77% stake in the world's
largest tidal stream power project, MeyGen, and 100% ownership of
the 220MW Uskmouth power station conversion project
www.simecatlantis.com
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END
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