Peel Group and US partner Covanta have submitted a revised planning application for the new power station near Frodsham.
Cheshire West & Chester Council has been asked to grant consent for a 20MW wood fuelled power plant, instead of a bio-ethanol liquid power plant for which consent was granted earlier.
Myles Kitcher, director of Peel Environmental, said the new application reflected changes by the government in the way it awards recycling subsidies and the shift in market demand away from ethanol towards biomass.
Outline planning consent was granted following public inquiry in August 2009 for a variety of recycling, environmental and waste and energy technologies on 140 acres alongside the Manchester Ship Canal. The now defunct Cheshire County Council rejected Peel's original plans but the decision was overturned by government on the recommendation of the planning inspector.
The development is now owned by Ince Park LLP, a joint venture between Peel Environmental and Covanta Energy.
Peel said that the plant would generate renewable electricity from wood that might otherwise end up in landfill.
GVA Grimley advises Peel Group.
If planning permission is granted, building would begin in 2012 with the plant being fully operational in 2014.