SIMEC Atlantis Energy teams-up with Remediate to decarbonise emissions from Uskmouth conversion project
SIMEC Atlantis Energy Ltd (LON:SAE) has teamed up with Remediate (UK) Ltd, a company with patented technologies that utilise waste gases to deliver high value algae products.
The tie-up comes with the Uskmouth power station conversion project in mind and it is described as “an important milestone towards making the project carbon negative”. The technology enables algae to absorb and convert carbon dioxide, in the process creating more algae which can be used in food and feed production.
In a statement, Simec noted that Remediate’s technology promises not only to decarbonise the emissions from Uskmouth, but it also creates a high value economic product in the process. Initially, the partners will develop a pilot facility which can be scaled up over time – the aim is to have Uskmouth operating as neutral by 2025 and carbon negative by 2030.
“I am incredibly excited about this partnership with Remediiate and its ability to make our flagship Uskmouth project carbon negative by 2030,” said Graham Reid, SAE chief executive. “The importance of helping other sectors, such as agriculture, decarbonise cannot be overstated, and this bold and innovative partnership epitomises everything that SAE stands for.”
“I am also exceptionally pleased that this helps support the growing innovation hub that we are building in Wales.
“Taking transformative steps across electricity generation beyond carbon neutral will be a key requirement in achieving ‘net zero by 2050′ and we believe that the Uskmouth project is now clearly a critical centre piece to these plans, and a model that can be replicated globally.”
Remediate chief executive Carlos de Pommes, meanwhile, added: “The promise of this combined project is truly exciting, and we believe will be a global game changer and critical component in our shared net zero ambitions and a sustainable future.
“We were extremely impressed with the Uskmouth conversion project, its contribution to the much needed transition away from coal, and the significant benefits it brings to the local area. We now look forward to working more closely alongside the SAE team to deliver what we believe is one of the most exciting decarbonisation projects globally.”
Uskmouth is a 3-unit coal fired power station, built originally in 1959, and the ‘ground-breaking’ SAE conversion project aims to convert the facility so that it can generate electricity in an economically viable and sustainable way through the combustion of waste derived fuel pellets.
Two of the three units will be converted in the core project, which aims to yield some 220 megawatts of net power output.
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/951287/simec-atlantis-energy-teams-up-with-remediate-to-decarbonise-emissions-from-uskmouth-conversion-project-951287.html
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