The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Yeah good point on Bulgaria. Or step it up to an RDF plant to keep things more green.
I'm sure I used thhe word conceivably in relation to the use of a gas turbine but should have maybe also added conceptionally in regards to Billingham as I was sharing an abstract idea not suggesting a turbine engine would be installed.
andi......couple of points....Bulgarian Biomass to power plant could be descaled from 5-1 MW.....depending on feedstock availability.....using just two instead of three Syngas generators.....or vice versa.....Eqtec Billingham RDF 25MW power plant will only use Syngas reciprocating piston generators.....Reg
I read somewhere that one of the engines were specially designed with eqtec for use on syngas, in collaboration with GE. I forger where I read this, too much to remember.
The engines are reciprocating piston and are best in class for low calorific value (low hydrogen/methane content) high impurity gasses such as syngas. As eqtec have such a high purity syngas it could concevibly be used in a jet turbine such as rolls royce or siemens. There are siemens hydrogen/syngas gas turbine models out there but they are much more expensive, and they only become more efficient than a jenbacher at large sizes, again I forget the figures but I think above 20MW, which could work at Billingham although I'm not sure if from a design perspective it would be better to have more than one turbine to allow maintenance/load ballance, this would also allow two turbines to run at max capacity during high ellectricity prices.
I'm not sure eqtec are ready to build a 40-50mw plant just yet...
.....GE Jenbacher gas engine is a large piston engine.....similar to ships engine.....which runs on Syngas....Its not a Gas turbine....Reg
Andi.....the GE Gas turbines are derivatives of jet engines.....like Siemens use Rolls Royce technology....Its a buyers market in reconditioned Gas turbines.....what with nothing flying.....Insufficient feedstock is an issue.....but with zero emission targets to be met.....the Bulgarian plant could have a rosy future.....Reg
Yeah sure... In regards to the 'mothballed' Bulgarian plant, I would imagine they have at least sold the jenbacher engines to get some cash back... At 4 to 5MW, the plant was maybe too large to feed with biomass, especially with it starting to lose favour internationally. Smaller plants and RDF operations I feel will be key.
Andi.....maybe the world was not ready for Eqtec technology back in 2015......Its a different proposition now....Reg
Andi......the point is the direction DP is taking Eqtec.... these assets exist.....planning capex complete with access to grid.....It all depends on price the respective owners want.....and cost of recommissioning.....Reg
Hi reg, just in the spirit of accuracy, €13m build is only an estimate based on O&M contract price. The true price is not known by us simple private investors.. The costs are buried in the historical end of year reports but are masked as only total material and service costs for the entire company are known, I could not find an individual break down of costs for just the Italian plant.
"for a 2MW project, total project capex is c. €15m."
I think negative company cash flows and problems keeping the plant running then distractions with massive company restructuring killed the project economics back in 2017
Pacifico.....great find.....the Kalovo Bulgarian plant.....could produce x5 times more power than the recommissioned Italian plant.....plants are a similar age too.....both commissioned 2015......If the Italian Biomas to energy plant originally cost £13m to build.....and Eqtec are buying it for £2.5m.....how much did the Bulgarian plant cost £30-50m.....This really is a no brainer .....buying up assets for only 20% of their original Capex.....And oven ready.....IMHO superb business.....Reg
This plant at Kalovo should be another prime target for recommissioning.
Bulgarian Syngas Project Launches Construction
April 3, 2014
Karlovo Power Plant Will Turn Syngas Derived from Straw and Wood Wastes into Cleaner, More Reliable and Economic Electricity
The 5-MW Karlovo plant in Bulgaria, pictured here under construction, will use three of GE’s Jenbacher engines to help the country achieve greater energy independence.
Bulgarian plans to use alternative fuels for generating sustainable electricity are now taking shape, following the start of construction of the Karlovo integrated gasified biomass power plant. When completed the plant will distribute cleaner electricity, using wood waste and straw, to some 2,000 homes.
The landmark biomass-to-energy plant powered by GE’s Jenbacher gas engine technology is being built near Stroevo, in Plovdiv province.
This plant is also being developed to reduce Bulgaria’s historic dependence on imported energy. The 5-megawatt (MW) Karlovo plant will use three of GE’s fuel-flexible Jenbacher engines—one J612 and two J620 units.
The engines will be powered by syngas derived from straw and wood chips. Such organic waste is normally difficult to gasify effectively, but tight integration of EQTEC Iberia’s biomass-gasification technology, coupled with GE’s gas engines is expected to provide high levels of emissions performance, efficiency and economy.
Scheduled for completion by the end of 2014, the plant is being built by EQTEC Iberia, part of Spanish holding company Ebioss Energy AD. It is the latest development in Ebioss’ strategy to apply its EQTEC Iberia throughout Europe to help countries reduce their dependence on foreign energy supplies and to increase the proportion of energy from renewable sources.
https://greenbuildingelements.com/2014/04/03/bulgarian-syngas-project-launches-construction/