Monday 6 April 2015

How to save a billion


The CRD / Seaterra plan has operating costs which add up to over 1.1 billion over the life of the project. It also needs over $300 million capital to build the “resource recovery centre” to treat the sewage residuals.  This capital cost needs to be financed and that adds interest expenses. The revenue from this was small and has possibly been reduced substantially since the initial project plan was made. There are options to this ‘resource recovery center’ which cost less and are more effective.  They need to be properly and independently evaluated and this has not been done.

Experts in the field say that advanced gasification could cost a little less than $100 M and make money.  This saves $200 M in capital costs; saves interest costs; saves 1.1 billion in operating cost; and possibly makes money.


This saves well over a billion dollars.

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