RENEWABLE ENERGY NEWS – CLEANTECH NEWS – ENVIRONMENTAL TECHNOLOGY NEWS ESSENTIAL INTELLIGENCE FOR INVESTORS, INNOVATORS & DEAL-MAKERS
17 September 2009
Enerji, the Australian partner and part-owned company of Swedish energy and environmental technology group Opcon, has signed an MOU with Babcock & Brown Power regarding a pre-feasibility study of the potential of Opcon’s technology for producing emission-free electricity out of waste heat at two of Babcock & Brown Power’s assets.
The pre-feasibility study will be undertaken at a 540MW coal fired power station in South Australia and a 105MW gas fired power station in Western Australia. Babcock & Brown Power is the largest listed electricity generation business in Australia, with interest in several power stations, representing approximately 2,800MW of installed generation capacity.
‘The deal with Babcock & Brown Power is a gamechanger for Enerji,’ said Ross Smith, CEO Enerji. ‘With production in its 12 power plants reaching almost 15 per cent of Sweden’s entire electricity production, Babcock and Brown Power represents a large potential customer for our recovered energy generation. At the same time it is the first step towards applications for this technology at coal and gas fired power plants, which remains the dominant means of producing electricity in Australia and elsewhere. Earlier we have identified an addressable market just within the Australian mining industry of well over 400MW, using the Opcon Powerbox. I believe this potential to be even bigger,’ he added.
Enerji is Opcon’s partner in Australia regarding its fuel-free, emission-free Opcon Powerbox. The company focuses on delivering electricity from waste heat using the Opcon Powerbox.
Opcon Powerbox has been developed by Opcon to produce carbon-free electricity from waste and surplus heat starting at temperatures as low as 55° C. Opcon Powerbox utilises waste heat to produce electricity from a source that would otherwise be wasted.
Opcon is an energy and environmental technology Group that develops, produces and markets systems and products for eco-friendly, efficient and resource-effective use of energy.
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Tags: energy efficiency
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