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Plymouth has been choosen as the preferred site to build a waste incinerator to deal with rubbish from across South Devon and Torbay.
More than 2 hundred million will be invested in the project at Devonport's North yard.
MVV Umwelt has been choosen as the preferred bidder, up to 400 construction jobs could be created, with more than 30 permanent jobs when the plant is up and running in 2014.
A planning application will be submitted to Plymouth City Council in the spring.
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Electrical capacity Up to 22.5 MW depending on steam demand from HMNB (enough for more than 37,000 typical homes)
The majority of the electricity will be consumed by the dockyard and naval base.
The balance will be exported to the grid through an existing connection point.
Heat capacity Up to 23.3 MW Heat will be used to heat the dockyard and naval base, plus potentially, future district heating systems in Plymouth
Overall net efficiency 39% average, 49% maximum
A normal modern EfW plant without CHP has about 23% net efficiency