Friday, February 14, 2014

With Global waste-to-energy market to proliferate through 2016 – Is the US Poised to Prosper


Guest Blog By Shlomi Palas, 
CEO of Blue Sphere Corp.
Blue Sphere Corp.
A bulldozer works in a field of potential energy

According to new analysis released earlier this month by Frost & Sullivan, the global waste to energy (WTE) market earned revenues of $17.98 billion in 2012 and will rocket up to $28.57 billion in 2016. More waste-to-energy (WTE) plants are likely to be created in China, the United Kingdom, Central and Eastern Europe (especially Poland), and India, due in part to higher population densities. 


The global shift from coal and nuclear power to renewable energy in order to lower carbon dioxide emission and ensure energy security is also giving a boost to the WTE plant market. While WTE plants in some geographies are already well-developed and in the process of being modernized to comply with local emission standards, other regions have only just begun installing WTE plants and gaining investor interest.
 

Blue Sphere Corp.
Such plants can convert waste to energy
We believe the US is poised to follow suit in this global boom. It is a slow adopter to date, since the US is not suffering from shortage in energy and the energy prices in the US are low. Certain parts of the US have ample land for landfills, and historically has had fewer restrictions on land use than regions like Europe. The W2E market in the US is driven by the need to change the waste management practices and consequently the related regulation. 


The new growth for WTE will occur as different states in the US are moving very quickly in the direction of setting up new legislation for the following issues: 

•    Shutting off landfills,
•    Limitation on the organic waste which is allowed to be discharged to landfills (all the North East States),
•    Separation of organic waste (either at source or separation systems)
•    New requirement for animal manure treatment
•    The Frost & Sullivan report, while written in 2013 was relying on studies which were written in earlier years, before this new management approach and legislation has been adopted in the US.
•    It is already proven that this new approach and legislation implemented by the Federal and State governments is leading to dramatic increase in organic waste discharge cost and making the W2E industry highly viable.

These developments would lead for a quick and long term growth of the W2E industry in the U.S.  In fact, our own project is scheduled to break ground in the US in 2014. We are proud to be in the best position to help the US become the key player in waste-to-energy. For more information about Blue Sphere, log on to www.bluespherecorporate.com.

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About the author:

 
Mr. Shlomi Palas, CEO, is a clean-tech executive and entrepreneur with a large network in private and government sectors in North and South America, Europe, China and Africa. Prior to Blue Sphere, he was a business entrepreneur in the biodiesel industry, carrying out activities in China, Brazil and Africa. Earlier, as a Senior Partner at Mitzuv, a leading management consulting firm, Mr. Palas worked in China with the IFC (International Finance Corporation), a member of the World Bank Group, and with Israeli and Chinese companies. He has also held other senior executive positions, e.g. VP of Sales and Marketing at Office Depot, managing over 30,000 Israeli accounts, and President of Norix International, a NJ firm representing foreign companies interested in marketing their products in the USA. Mr. Palas holds a M.Sc. in Marketing from Baruch College - The City University of New York and a B.A. in Statistics and Management from Haifa University.