ForeverGreen Enterprises and International Power Group have partnered up to launch a venture to build a power plant in Indiana that will convert hazardous waste into energy. 750 tons a day of industrial, chemical and medical garbage will be converted to methanol and hydrogen, plus a little electricity – but we don’t know how much of an output the plant will have.
This is an effort to find a new niche away from cellulosic and municipal waste conversion, which has seen a flood of interest the last couple years. ForeverGreen feels that all this other junk has potential, and no one else is really going after it…yet.
Construction is set to start at the very beginning of 2009, and in about 22 months, the plant will hopefully start turning hazardous materials into useable substances using a combination of International Power’s waste-heat-to-energy process and ForeverGreen’s gasification process. The byproducts will include scrap steel and silicates – among other things?
Details are still vague while the companies work to find financing to cover the full project, but we’ll follow this one as construction time approaches.