Alkane Energy PLC
15 November 2006
For immediate release
15 November 2006
Alkane Energy plc ('Alkane' or 'the Company')
Three new mine gas projects on stream
Alkane Energy plc, the international renewable energy company that designs,
builds, operates and services methane treatment and electricity generation
plants, is pleased to announce that it has completed three new mine gas projects
at disused mines in Nottinghamshire. This brings the total number of climate
change mitigation plants now in production in the UK to seven, one ahead of
management's 2006 target. Five of the extraction plants supply mine gas for
Alkane's own decentralised electricity generation stations and two supply gas
directly to industrial customers. The new generation stations use standard Pro2
containerised units of 1.35MW each connected to the local distribution grid.
The new extraction plants, at Mansfield and Warsop, support containerised
generation stations with a combined capacity of 2.7MW, enough electricity to
supply around 3,000 homes. The plant at Mansfield also supplies the equivalent
of 1MW of heating fuel directly to the customer. These additional plants bring
Alkane's total mine gas capacity in the UK to 15.5MW in electricity equivalent.
Alkane's methane mitigation plants in the UK are expected to capture
approximately 16,000 tonnes of methane in 2006. In climate change terms, this
is the equivalent of 340,000 tonnes of carbon dioxide per year corresponding to
the removal of around 110,000 cars from the roads.
Commenting on the new projects, Dr Cameron Davies, Chief Executive of Alkane
Energy made the following statement:
'I am pleased to report that we have completed our 2006 programme of mine gas
supply plants and decentralised electricity generation stations on budget and
ahead of schedule. Alkane's climate change mitigation expertise and technology
is at the forefront of the battle to reduce greenhouse gas emissions from
abandoned and operating coal mines and as a result strong demand is developing
for our products and services driven by the Kyoto Protocol.
Our ongoing programme of electricity generation developments at disused mine
sites will reduce the amount of methane seeping into the local and global
environment and reinforce our position as a supplier of Climate Change Levy
exempt electricity in the UK.'
Enquiries:
Alkane Energy plc Buchanan Communications
Dr Cameron Davies, Chief Executive Eric Burns, Account Director
Tel: 01623 827927 Tel: 01943 883990
This information is provided by RNS
The company news service from the London Stock Exchange
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