It has been well documented in the mainstream news that there has been an augmentation in electricity prices. Between March and August 2021, the wholesale electricity prices increased by 92%. This rise has benefitted some EfW (Energy from Waste) plants, but not all.
Last year, the lowest prices in the EfW market were £35 per MWh compared to £150 per MWh this year. This increase will have benefitted those who work on spot market prices but not those selling at fixed prices, or those in partnership with local authorities with a ‘gainshare mechanism’ in their contracts. In addition, many plants have long-term fixed price agreements that mean they do not benefit from this upturn in the market.