Wednesday, November 25, 2009
What about power generation from waste?
Need something to talk about? The waste-to-energy topic is a good one to get people immediately interested and engaged in a debate.
"The rapid decline in the space for landfill sites and the increasing volumes of waste material have driven many countries to develop more cost-effective and sustainable solutions to tackle waste," said Growth consultancy firm Frost & Sullivan.
However, owing to the low cost of electricity and high capital investment required in waste-to-energy plants, the incentives for using energy generated from waste is moderately limited. Frost & Sullivan stated that new analysis has found that the South African waste-to-energy market earned revenues of about $65,2-million in 2007, and was estimated to achieve a compound annual growth rate of 10,5% between 2007 and 2014. This at least looks promising.
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