Energy Quest Inc. of Canada and COFAMM of Romentino, Italy are helping build an alternative energy production facility in Romania, and they have entered a joint-venture to construct the facility, Daily Commercial News reports. Romanian media quote COFAMM officials as saying the investment will start with 25 million euros and could end up at 80 million euros.
The COFAMM officials are further quoted as saying the site for the facility has not been decided upon yet, without mentioning the sites considered. The facility should generate 24 MW, for which up to 500 tonnes of household waste would be used.
The investors, who intend to start off the construction project as soon as possible, say they hope the electricity and heat facility will become operational in 2009. “Our target is to start generating energy in 2009,” say COFAMM officials. They also say the new facility will be up to the European environmental standards, as it will be equipped with carbon dioxide trapping equipment. The project is still waiting for approval to get connected to the energy grid.
According to the Reuters news agency, Energy Quest will provide the technology and equipment for building the facility, while COFAMM will take care of the waste sorting and management. The two companies are expecting the facility to be worth $72 million when completed and to generate a net profit of $11.1 million, on annual gross revenues of $26.6 million.
“This will be the first energy facility in Romania to use municipal solid waste to generate energy,” Chairman of Romania’s National Institute for Energy Resource Planning and Use (INSAFRE) Jean Constantinescu told daily Evenimentul zilei on September 29. Constantinescu mentioned that although the household waste has a spectacular calorific power, such a project is very important in terms of environmental protection to the local community.
The facility will use the technique of gasification, a chemical and heat process used to convert a solid material such as coal, biomass and any carbonaceous material into a gas for use as a fuel.
Romania’s potentials for generating energy out of renewable sources are put a 65% (biomass), 17% (wind), 12% (sun) and 4% (water).
Romania’s potentials for generating energy out of renewable sources are put a 65% (biomass), 17% (wind), 12% (sun) and 4% (water).
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