Financial viability of Helius Energy's proposed £300M biomass power station in Southampton, England, threatened by city council vote that would prevent council from purchasing energy from facility
Allison Oesterle
LOS ANGELES
,
September 18, 2013
(Industry Intelligence)
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The city council of Southampton, England, has unanimously passed a motion that would prevent it from purchasing energy from Helius Energy Plc.’s proposed £300 million biomass power station, threatening the financial viability of the plant, the British Broadcasting Corporation reported on Sept. 18.
The motion was submitted by Conservative councilor Jeremy Moulton Southampton, who noted that it would be “very detrimental” to the proposed facility.
Helius Energy had indicated that is was hoping the council would consider all of its options before dismissing the plant.
The company, which has twice delayed submitting an application, has not yet submitted an application for the facility.
The primary source of this article is the British Broadcasting Corporation, London, England, on Sept. 18, 2013.
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