Resource Recovery in Puerto Rico Demand and Development Overview Solid Waste Association of North America Puerto Rico
AGENDA
I.
Situational Assessment
II. Recovery vs. Disposal Philosophy III. Reference Projects IV. Project Description
V. Approval Process VI. Project Financing
SITUATIONAL ASSESSMENT
ENERGY CRISIS
Demand for Energy in Puerto Rico
Dramatic Increase in the Cost of Energy
Fuente: AEE, 2010
Need for Energy Diversification
Fuente: AEE, 2010
SOLID WASTE DISPOSAL CRISIS
Disposal Capacity is Rapidly Declining
Compliance Issues Pose Risk to Human Health
Recovery vs. Disposal
Recovery vs Disposal 8,000 tpd de basura representa: • 10,000 barriles de aceite • 900 toneladas de agregado • 50 toneladas de metales no-ferrosos • 500 toneladas de acero
12.6 acres de terreno cubiertas por un pies de basura cada día con problemas ambientales a largo plazo.
Resource Recovery Process
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PRF SPREADER STOKER BOILER
Advantages of Semi-Suspension Combustion of PRF and Other Processed Wastes: • • • • • • • •
More complete combustion Better combustion control Higher energy recovery rates Lower capital cost Less combustion ash Greater ash reuse potential Less excess air Less contaminants to remove from combustion gases
REFERENCE PROJECT
Start of Full Commercial Operations – Feb. 6, 1989
PROJECT DESCRIPTION & SITE LOCATION
Arecibo – Former Global Fibers Paper Mill, Cambalache Arecibo
The Facility
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PROJECT
• 80 megawatts power generation • 2,100 tons of PRF processed daily used as fuel
• Classified as a renewable alternate energy production project • Recovery of ferrous and non-ferrous materials and production of Boiler Aggregate™
APPROVAL PROCESS
REQUIRED PERMITS
• Puerto Rico Environmental Quality Board (EQB)
Environmental Impact Statement
• Puerto Rico Planning Board Siting Consultation
• U.S. EPA Prevention of Significant Deterioration (PSD) • Puerto Rico EQB Location &Construction Approvals
• FEAM Floodway Construction/Map Revision • U.S. Army Corp of Engineers Wetlands Permit • OGPe Construction Approvals
PROJECT FINANCING: A UNIQUE OPPORTUNITY
Financing • Total project cost - $500 million. • 80% / 20% Debt Equity Split. • Revenues include: Energy Sales, tipping fees and recovered metals sales. • Debt and equity to be sold in the U. S. capital markets and among limited number of local investors. • Project eligible for 30% Production Tax Credit Grant, equal to approximately $100 million. To be used to lower tipping fees.