Plans to develop an energy centre at the South Humber Bank Power Station in Grimsby have been unveiled.
Dubbed the EP South Humber Bank Energy Centre, it would generate fuel from waste and create around 50 new permanent jobs.
EP UK Investments (EPUKI) bought the power station from Centrica last year and recently completed a £53 million programme to improve its efficiency and extend its operational life, securing more than 70 existing jobs.
A planning application for the Energy Centre proposal, which is expected to represent around £300 million of investment, is to be submitted to North East Lincolnshire Council later this year.
James Crankshaw, Head of Engineering for EPUKI said: “The UK’s power generation mix is changing and there is a need for new power generation and energy recovery facilities. The Energy Centre proposals are designed to meet these needs and also create permanent local jobs. We look forward to receiving the community’s views on our proposals through the project website or in person at our consultation events in September.”