For most companies,
securing the first commercial contract can be a long and tedious process. It
can take years to refine the technology, find a way to lower production costs
and find the right client. While Dynamis Energy hasn’t yet crossed the finish
line with a completed commercial project, its making moves on several
continents.
Dynamis Energy is the
creator of the 3.0 Waste-to-Energy Technology, a waste-to-energy system that is
similar in some regards to the TOS Plant that has been operating in Barrow,
Alaska since 1996. The Eagle, Idaho company’s simple design makes it easy to
operate and relatively low-cost; something investors can get on board with.
In the last two years,
Dynamis has announced plans to build several facilities on three different
continents. The first, and most promising, projects began in its home state of
Idaho. Hired by Ada County in June 2010, Dynamis signed on to build a facility
at the Hidden Hollow Landfill in Boise. The company will lease the landfill for
$1/year for 20 years and build a facility that will process 250 tons of solid
waste per day in exchange. On Feb. 24, the Idaho Public Utilities Commission
announced that it had approved the rate contract and that Idaho Power will sign
a 20-year sales agreement. Operation is currently set to begin on Feb. 14,
2014.
Dynamis Energy's 3.0 Waste-to-Energy Technology |
Eight months later,
Clark County followed suit. After establishing the Eastern Idaho Regional Solid
Waste District and completing a feasibility study, the county hired Dynamis to
build 120,000 ton per year facility that will generate 13.5 MW of electricity.
Rocky Mountain Power will purchase the power from Dynamis. The plant will be
built in the Centennial Energy Park located East of Dubois. Construction will
begin this summer and hopes to be finished within 15 months.
In February, Dynamis
received good news on a project it has in the words in Puerto Rico.
Dallas-based contractors Primoris Renewables announced it signed a $40 million
contract to build two waste-to-energy facilties, working alongside Synergy
Renewables and Dynamis. The plants will each process 180,000 tons annually to
produce 10 MW of power.
In June 2011, the Idaho
company announced it had entered a joint venture with All Way for the
construction and management of a facility that will be integrated with an
existing waste management plant in Lombardo, Italy. Permits have already been
secured and construction was scheduled to start in late 2011, although we
haven’t been able to find confirmation that it has started. The facility is
currently scheduled to go online in fall 2012.
As if it wasn’t busy
enough, Dynamis Energy announced in October 2011 that it was partnering with
Planova, a Sao Paulo-based development firm, to pursue opportunities in South
America. The pair will focus primarily on possibilities in Argentina, Brazil
and Peru.
Better BTU Take: This company is on the move! We love that Dynamis
is partnering with local firms to tap into foreign markets. It should keep the
small company from becoming overextended. The question will be how many of
these projects come to fruition – the announcement to completion ratio isn’t
favorable and the more public projects that fail to cross the finish line, the
harder it is for our industry to convince others of its legitimacy. Still, the
projects seem headed in the right direction and the one in Boise has sparked
interest for other counties in Idaho and Wyoming. This is a difficult company
to keep up with due to the fact that their website is tragically out of date, but
we’ll do our best to bring you the updates here!
Idaho Public Utilities Commission Press Release
(Feb. 24, 2012) - PUC
Approves Idaho Power Contract with Landfill Waste-to-Energy Project
Waste Management World (Feb. 1, 2012) - $40
Million Waste to Energy Gasificaation Contract for Dallas Firm
Dynamis Press Release (June 9, 2011) - Dynamis
Energy and All Way Sign Agreement to Construct Waste-to-Energy Plant in
Lombardy, Italy
Other Better BTU Blog Posts on Dynamis:
Project Update: Turning Up the Heat in Ada County (June 21, 2012)
Better BTU Project Update: Dynamis Energy (May 14, 2012)
No comments:
Post a Comment