Waste conversion shows promise as United States economy recovers and finance options open

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As the US economy recovers, waste conversion projects are coming online officially proving that the technology works commercially. Provided certain conditions are met, investors are confident that the waste conversion will grow at an impressive rate. It has been stated that the waste conversion industry will triple in size by 2021 to $27 billion.

Waste Conversion Congress East Coast

Waste Conversion Congress East Coast

Earlier this month, Renewable Waste Intelligence produced the e-brief: Waste conversion on the east coast.

Over the past few years, investment has been scarce in many industries in the United States. Waste conversion is among them, despite the urgent need arising on the east coast where municipalities must find cost effective ways to reduce waste going to environmentally unfriendly landfills. Amongst the varied range of waste conversion technologies, financial support is becoming more widely available.

Earlier this month, Renewable Waste Intelligence produced the e-brief: Waste conversion on the east coast http://bit.ly/Xaqawq. Within this report it stated that projects are often supported by combinations of the following: private equity, bond financing, federal loans, state subsidies and strategic investment.

Although private equity in waste conversion diminished by 34% on the global scale, there are still investments being made in America. Take Lakeside for example. The Chicago based investment firm has taken a $150 million stake in InEnTec, a plasma gasification company. Matthew LeBaron of Lakeside stated that they are “impressed by the progress the InEnTec management team is making in commercializing and deploying this technology.”

Federal loans and bond subsidies carry low to zero interest so they are very attractive options for waste conversion. The Fulcrum Sierra biofuel project was awarded $150 million for its project converting waste into renewable fuels. State subsidies too can be effective, but without any national renewable portfolio standards (RPS) this form of finance is different from state to state and is more difficult to be relied upon.

By far the most prominent form of investment seems to be found when another organization can tie their plans into the development of waste conversion. In this industry, those players are often waste management companies. Take Waste Management Inc. for example which has a stake of over 10% in Enerkem, Fulcrum Bioenergy and Harvest Power.

Despite evidence that finance is more available, some would be investors are still warned off. A combination of things such as the commercial feasibility of technologies, approval from regulators, securing feedstock supply and the fluctuations in the energy market raise uncertainty about every dollar spent.

Renewable Waste Intelligence has provided another medium that directly addresses these challenges: the Waste Conversion Congress East Coast, in Boston, June 17 -18.

If you have any questions about the event or the e-brief, please contact Jack Warren or Oliver Saunders.

Jack Warren
1800 814-3459 ext.4314

Oliver Saunders
1800 814-3459 ext. 7157

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