OTTAWA, Dec. 17, 2012 /CNW/ - Plasco Energy Group Inc. (Plasco or the
company) today announced that it will build a 150,000 tonnes per year
Waste Conversion Facility in Ottawa, Ontario, Canada. The announcement
comes after the City of Ottawa announced on December 14th signing agreements with Plasco.
The Facility will be built to the Plasco Conversion System (PCS™) design
and will incorporate three proprietary Integrated Converting and
Refining System (ICARS™) modules. Effective throughput of the facility
will be 130,000 tonnes per year. Under the contract announced by
Ottawa, the City will supply 109,500 tonnes per year of Ottawa's
municipal solid waste and has a right of first refusal to supply the
balance of plant capacity. The first 20 years are firm with four 5
year extensions at the option of the City. Construction is expected to
commence in the second half of 2013 with commercial operation planned
for the first half of 2015.
The City has leased to Plasco for nominal cost the site for the facility
and will pay a tipping fee for each tonne processed of $83.25 per
tonne, escalating annually at the rate of increase in the Consumer
Price Index. Ottawa makes no other financial contribution and will have
no other risk or obligation.
The City estimates that the deal will extend the life of Ottawa's
existing landfill by at least 28 years saving the City approximately
$250 million in future landfill capital costs.
The PCS breaks down garbage using Plasco's patented ICARS system, which
gasifies the waste and refines the resulting gas using plasma
technology. Clean, synthetic gas created from the waste fuels General
Electric Jenbacher internal combustion engines, together with a steam
turbine driven by heat recovered from the process and engines, to
produce approximately 15MW of net electricity that will be sold to the
grid. Residual solids are refined using Plasma to produce slag which
meets requirements for a range of applications, including construction
aggregates and abrasives. Moisture in the waste is recovered, cleaned
and made available for reuse in the community.
There are no emissions to atmosphere in the conversion process. The
synthetic gas is consumed as fuel by the engines with any unused gas
sent to a flare. Exhaust from the engines and flare have emission
levels significantly below the most stringent standards in the world.
The ICARS modules will be manufactured in Ontario and site construction
and assembly of the PCS will create about 200 construction jobs. The
facility will permanently employ 42 operations technicians.
Construction and operation of the Facility will be subject to receipt of
and compliance with the terms of Environmental Compliance Certificates
to be issued by the Ontario Ministry of the Environment.
About Plasco Energy Group Inc.
Plasco Energy Group Inc. is an innovative technology company based in
Ottawa, Canada. Plasco's conversion technology is a sustainable
solution that helps communities achieve their landfill diversion and
renewable energy goals. Plasco recovers the highest value from
post-recycled waste and significantly reduces the negative impact waste
has on the environment.
SOURCE: Plasco Energy Group
For further information:
Plasco Energy Group
Sharilyn McNaughton (613) 762-8402