We believe there is a substantial market opportunity in the short to medium term to develop simple and reliable low cost combustion waste to energy plants processing refuse derived fuel (RDF) that are based on well proven technology at a local scale of up to around 120,000tpa.
The Biomass CHP Power plant at Atherstone
Following the successful completion of the biomass heat and power plant at Atherstone in Warwickshire, we have developed an overall plant design for waste to energy projects using the commercially proven technology demonstrated at Atherstone. These projects will be developed by Syn2gen to process refuse derived fuel and generate renewable electricity. They will offer attractive gate fees so encouraging the production of RDF from residual waste and attracting RDF that is currently exported.
The Company has also developed an off-grid gas fired CHP solution fully integrated with a UPS system to provide continuous power for process industries and we are working with customers to deploy this solution in the UK.
Syn2gen is currently evaluating several waste to energy projects in the UK, and in conjunction with our overseas partners, to support the development of waste to energy plants in SE Asia and Australia and to supply them with our core combustion system.
Syn2gen have exclusive rights to deploy this low cost, simple, proven, reliable and IED compliant RDF combustion system in the UK and can deliver the entire plant for a highly competitive capital cost compared to conventional incineration or other advance thermal treatment technologies. Together with its approach to project delivery, Syn2gen can build its waste to energy plants for a significantly lower cost, offering significantly above market average returns to investors.
Syn2gen’s approach to project delivery is proven with the Atherstone CHP, the timeline for it’s delivery is given below. While the CHP plant was originally designed to be completed in 12 months, Syn2gen completed the build, installation and initial testing in less than 9 months to meet the ROC deadline of March 2017. Full accreditation of the plant for both the RHI and ROCs has subsequently been confirmed by Ofgem. Hot commissioning and performance testing was successfully completed and the plant has been handed over to the owner and operator.
Atherstone Project Delivery Timeline
The CHP plant at Atherstone provides a highly valid reference site for Syn2gen both to demonstrate this combustion technology in the UK and Syn2gen’s project management capabilities for the waste to energy sector where the Syn2gen team have substantial previous experience.
These UK waste to energy plants will be built with a throughput of up to 120,000 tonnes per year and comprise twin combustion lines of 60,000 tonnes per year each. The plants will use conventional moving grate technology which will process export grade RDF with no pre-treatment . The thermal heater will utilise the same thermal oil technology and an Organic Rankine Cycle turbine as installed at Atherstone.
The technology also lends itself to larger scale plants with an individual combustion line capacity of 125,00 tonnes pa. and Syn2gen is looking at supplying these to an overseas partner. Plants at this scale would incorporate conventional steam boilers and turbine systems.
Syn2gen are in a prime position to capitalise on the short to medium term market opportunity. We have a proven project delivery team and technique and exclusive rights to a low cost, proven, reliable and compliant waste to energy combustion technology. These facets combine to deliver waste to energy plants that generate significantly above average returns without reliance on any renewable energy subsidies.