EnergyCentral.com, an Internet publisher for the electric power and energy industry, just published an article by Shlomi Palas, CEO of Bluesphere Corporation. Bluesphere, ticker BLSP, is an energy company that develops, manages and owns clean tech waste-to-energy projects.
The article is titled, “Post State of the Union Address – Waste-to-Energy addresses all of the President’s Issues on Environment”. In the article, Palas points out that clean-energy advocates have increasingly called on the president to ditch his agnostic “all of the above” approach to energy policy and embrace what they say is a “best-of-the-above” energy policy.
One technology in the “best-of-the-above” category riding a huge wave that is sweeping the US is Waste-to-Energy. Waste-to-Energy converts waste that would normally go into landfills into clean energy. It is in its very early stages of adoption in the U.S. There is demand for Waste-to-Energy from municipalities and some of the largest companies are investing in the segment.
Bluesphere is about to break ground on its first Waste-to-Energy facility in the U.S.. The facility is backed by $17.8 million in project financing from Caterpillar and over $6 million from a clean-tech fund. Major electric utility companies Duke Energy and National Grid have signed long term power purchase agreement with Bluesphere. Waste-to-Energy technology tackles and solves three major issues which are mentioned in Obama’s speech:
– Waste-to-Energy reduces carbon pollution
– It reduces the amount of waste going into landfills
– And it contributes to Obama’s target to reduce the use of fossil oil as we generate green electricity
As a result of the President’s focus and supporting budgets, the U.S. is beginning to see a tectonic movement in a global multi-billion industry and Waste-to-Energy is at the forefront of it.
To read the entire article please visit: http://www.energycentral.com/generationstorage/environmentalemissionsandcarbonmanagement/articles/2876/Post-State-of-the-Union-Address-Waste-to-Energy-addresses-all-of-the-President-s-Issues-on-Environment
