Weekly News Bulletin: Jan. 13-19, 2021
ESG Drives Energy Firms to Pursue Renewable Natural Gas Projects
Energy firms are investing in renewable natural gas despite a dismal market for gas in general. As opposed to shale gas, renewable natural gas can be produced in commercial quantities at landfills, pig and dairy farms, wastewater-treatment facilities and from food waste and slaughterhouse sludge. Combusting it to generate electricity or heat produces no less carbon dioxide than shale gas. But doing so avoids the release of methane, a far more potent greenhouse gas than carbon dioxide.
According to recent sustainability reports, energy firms are looking for ways to enhance their Environmental, Social, and Corporate Governance (ESG) goals. Analysts and utilities believe renewable natural gas could reach 10 percent to 30 percent of total natural-gas supply by 2040...Read More »
Waste Industry Mourns Passing of Joe Winters
Industry icon Joe Winters passed away on Jan. 5, 2021 following a brief battle with COVID-19. As chairman and CEO of Winters Bros. Waste Systems he led a family business that would become one of the largest waste and recycling companies in the northeast. He was well known in the industry and a consummate entrepreneur having been involved in the acquisition of more than 100 companies and numerous start-ups...Read More »
Honolulu Awards Covanta $60 Million for Ash Conversion Facility
Covanta has won an 11-year nearly $60 million contract with the City and County of Honolulu to build a conversion facility that will extract usable resources from ash produced by Oahu's H-POWER plant. Another key benefit of the project will be to preserve precious capacity at the Waimanalo Gulch Sanitary Landfill, the island's only MSW landfill, which has been ordered to close by 2028. The conversion facility is expected to divert as much as 60 percent of the 180,000 tons of ash generated annualy by the 2,000 ton-per-day waste-to-energy plant that Covanta also operates. (85 percent of the MSW generated on Oahu goes to the plant)...Read More »
Lakeshore Recycling Systems Buys Roy Strom Company
Lakeshore Recycling Systems (LRS), the seventh largest private waste and recycling company in the United States, recently acquired Maywood, IL based Roy Strom Company. This move comes after LRS made two (smaller) acquisitions also early this year. The financial details of the acquisition have not been disclosed and the deal is effective immediately. With this deal, LRS gains access to a long established residential and commercial customer base in the western suburbs of Chicagoland. LRS also gains access to two recycling facilities and a transfer station...Read More »
North Hempstead Partners with Covanta
Covanta, a leading sustainable waste-to-energy firm, has recently partnered with the town of North Hempstead, NY to handle their municipal waste. The deal came into effect on January 1st, 2021 and will last 5 years, with options to extend the deal another 10. This deal will divert North Hempstead's waste from landfills and instead send it to Covanta's waste-to-energy plant in Westbury, NY...Read More »
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