SIMEC Energy and waste firm N+P Group have created a joint venture to supply previously fossil fuel-fired power stations with greener fuel sources.
SIMEC Subcoal Fuels (SSF) will distribute N+P’s Subcoal fuel pellet, which contains around 50% biomass content – the firm behind it says it produces 50% less carbon dioxide than burning coal or other polluting feedstocks and is significantly cheaper than both fossil fuels and normal biomass.
The joint venture aims to address both the growing demand for the reuse of domestic and industrial waste alongside the increasing demand for sustainable power production.
SSF has signed an agreement to supply 900,000 tonnes of its fuel to the formerly coal-fired Uskmouth power station for the next 20 years and plans to set up at least four new Subcoal production units in the UK to fulfill the demand for this fuel supply deal.
Jay Hambro, CEO of Energy and Mining at SIMEC Group, said: “At a stroke the Subcoal technology solves the issues of how to utilise waste that otherwise would have gone to landfill and how to meet the growing demand for low emission, high calorie fuels.”