/PRNewswire-FirstCall/ -- Global Energy Systems, a subsidiary of the diversified renewable energy company Global Energy Holdings Group, Inc. (NYSE Alternext US: GNH), today announced it has acquired the right to purchase landfill gas from Republic Services, Inc. (NYSE:RSG) , the owner and operator of the Hickory Ridge landfill in Conley, Georgia. Global Energy will process the landfill gas to convert it into a saleable energy product. Global Energy paid Republic a total of $3,350,000 for the landfill gas purchase rights and will pay Republic a royalty based on revenues collected from the sale of the processed gas.
Methane, a greenhouse gas that is produced naturally during the decomposition of landfill waste, is 23 times more potent than carbon dioxide. Often, this landfill gas is isolated and flared to prevent its release into the atmosphere. Rather than flaring the methane from Hickory Ridge, Global Energy will construct a pipeline to transport this gas to its gas conditioning facility. Global Energy will then process the landfill gas into an energy product that may be sold for a variety of uses.
"Republic is very excited to add this project to our portfolio of 80+ landfill-gas-to-energy projects. It complements our operations in the Atlanta area and the services and relationships we have with our customers there, and furthers our goals of contributing to energy independence, sustainability and environmental stewardship," says Bill Held, Senior Director of Renewable Energy for Republic.
Landfill gas is recognized as a source of renewable energy by a number of State renewable portfolio standards and the U.S. Environmental Protection Agency (EPA). The U.S. EPA's Landfill Methane Outreach Program (LMOP) has identified 23 landfills in the state of Georgia that are promising candidates for landfill gas to energy (LFGTE) systems.
"Global Energy intends to work with a number of waste service providers to develop LFGTE projects at landfills across the Southeast United States," said Mike Ellis, President of Global Energy Systems. "Global Energy's expert staff including our management team and engineers will help us develop the Southeast's energy potential."
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Showing posts with label global energy. Show all posts
Showing posts with label global energy. Show all posts
Monday, February 9, 2009
Wednesday, January 7, 2009
Global Energy Systems Signs Subcontractor Agreement with Georgia Utility
(BUSINESS WIRE)--Global Energy Systems, a subsidiary of the diversified renewable energy company Global Energy Holdings Group, Inc. (NYSE Alternext US: GNH), today announced it has signed a subcontractor agreement with AGL Services Company, a subsidiary of AGL Resources, the parent company of six natural gas utilities including Atlanta Gas Light. Under the terms of the agreement, Global Energy will develop a variety of services involving energy conservation measures at Atlanta Gas Light’s customer owned facilities.
“This agreement with AGL Resources opens up a number of opportunities for Global Energy in the stable gas utility market,” said Mike Ellis, President of Global Energy Systems. “We are committed to developing energy conservation initiatives and providing alternative energy to AGL Resources’ customers.”
Atlanta Gas Light serves more than 1.5 million residential, commercial, industrial and governmental customers in 243 communities throughout Georgia. Global Energy will institute conservation measures to reduce energy consumption and increase energy efficiency at Atlanta Gas Light’s service locations. Global Energy Systems will also identify and market energy management services to U.S. Government facilities affiliated with AGL Resources and Atlanta Gas Light. The subcontractor agreement runs through November 2011.
“AGL Resources is looking forward to working with Global Energy in our efforts to reduce our environmental impact and expand our renewable energy offerings,” said Donna Peeples, Chief Marketing Officer, AGL Resources.
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“This agreement with AGL Resources opens up a number of opportunities for Global Energy in the stable gas utility market,” said Mike Ellis, President of Global Energy Systems. “We are committed to developing energy conservation initiatives and providing alternative energy to AGL Resources’ customers.”
Atlanta Gas Light serves more than 1.5 million residential, commercial, industrial and governmental customers in 243 communities throughout Georgia. Global Energy will institute conservation measures to reduce energy consumption and increase energy efficiency at Atlanta Gas Light’s service locations. Global Energy Systems will also identify and market energy management services to U.S. Government facilities affiliated with AGL Resources and Atlanta Gas Light. The subcontractor agreement runs through November 2011.
“AGL Resources is looking forward to working with Global Energy in our efforts to reduce our environmental impact and expand our renewable energy offerings,” said Donna Peeples, Chief Marketing Officer, AGL Resources.
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