COllective REgeneration of former Landfills, COREL

COREL is in its first stage of implementation. Developing clean energy, a park, agriculture, housing, industry and more functions is a way to regenerate a former landfill with a sound business case. This business case increases when these various functions share costs, and enhance one another, for instance when agriculture takes place under solar panels, and these panels deliver directly to the housing, making energy cheaper. Yields from this business case enable to manage the landfill. Both government and financiers have difficulties to take responsibility for these kind of multifunctional business cases. A way to overcome these difficulties is to create larger portfolios of landfills, collectives. For instance for a portfolio of 20 landfills financiers will finance as a whole the clean energy projects, as a whole the housing projects, as a whole the agriculture projects.
Governments can’t take responsibility for the whole portfolio. A portfolio manager who will make a comprehensive plan for each individual landfill, wherein for instance energy, housing and park share costs, and enhance one another. Next he will create packages of energy projects, housing projects and will present those to governments and investors. Once in the stage of development this portfolio manager will guard that on each landfill the projects will be realized in a comprehensive way. Stakeholders: Ministry, province Gelderland, municipalities, Afvalzorg a public investor.