Helius CoRDe is a biomass energy plant of 7.2 MW, situated in Rothes, Scotland, and uses by-products from nearby malt whisky distilleries to produce renewable energy and a liquid animal feed product. The ongoing success of this plant is helping meet the UK’s growing need for reliable energy from renewable sources.
To monitor the plant’s ongoing financial performance, Operis was commissioned by the project’s owners to construct an operating model. This follows the plant’s financial close back in 2011 by winning bidder, a consortium comprising Helius Energy, Rabo Project Equity BV and the Combination of Rothes Distillers Ltd.
In comparison to UK coal-fired stations, the plant delivers greenhouse gas savings of some 46,000 tonnes of CO2 per year and operates at a fraction of the recently announced targets for emissions set under the Renewables Obligations (Scotland) Order.
In support of this project, the operating model was built by one Operis team and independently audited by another.