Some insight for new bees5 Jan 2021 10:40
Commercial scale systems will be modular & scaleable to client requirements. Modules currently have a nominal 25+ ton per day (tpd) capacity. Small footprint allows local siting (e.g. within or adjoining existing waste handlers) & co-locating - which PHE call 'Distributed Modular Gasification' (DMG).
PHE hope to earn revenues for tests on client's proposed feedstock, front-end engineering design, O&M, & upfront + ongoing licence fees (the latter initially expected to be at least £500k pa, for each commissioned system Peel initially commissions in the UK [PHE, 9/3/2020]). An SPV business model for each site will remove the need for PHE to finance construction, eliminate dilution for PHE shareholders, & accelerate roll-out. This business model qualifies for UK EIS investment status. PHE may contribute funding if it wishes, giving it proportionally more revenues; & may license its technology for others to roll-out (e.g. Asia & USA).
Individual projects are expected to earn revenues from gate fees, for taking in wastes (e.g. plastics at £80/tonne); plus sale of electricity, hydrogen, & heat/steam, produced from processing wastes. Hydrogen sales could generate 5x more revenue than electricity sales per unit volume of waste processed (hydrogen currently sells at £10 - £12 per Kg). The proportion of electricity to hydrogen produced can be varied for each site over time, e.g. as demand for hydrogen increases.