Forth Energy, a joint venture between Forth Ports and SSE, has secured an approval for its £465m wood fueled biomass power plant from the government of Scotland.
The combined heat and power (CHP) plant located at the Port of Grangemouth is estimated to generate renewable electricity of 120MW and heat 200MW.
The project is said to be in line with Scotland’s 2020 renewable heat and electricity target.
Commenting on the approval, Forth Energy managing director Calum Wilson said the project reflects company’s support towards the Scottish government’s objective of providing renewable, reliable and responsible heat and electricity.
"This consent creates the opportunity for us to develop a combined heat and power plant that will generate low carbon renewable electricity and heat from wood fuel shipped to the plant, whilst delivering significant benefits to the Grangemouth economy," added Wilson.
The plant is expected to create about 300 construction jobs and 70 operational jobs along with providing £26m to local economy per year.