Event Highlights Promise of Waste-to-Energy as a Source of Clean,
Renewable Power
Company Website:
http://www.babcock.com
WEST PALM BEACH, Fla. -- (Business Wire)
The Babcock & Wilcox Company (B&W) (NYSE: BWC) today hosted Congressman
Patrick Murphy (D-FL-18) for a tour of the Solid Waste Authority of Palm
Beach County Renewable Energy Park, including the country’s first new
waste-to-energy (WtE) plant to be built since 1995. As a reliable and
non-intermittent source of renewable energy with the most modern
environmental control equipment, WtE technology is poised to be a much
larger part of America’s energy mix, particularly in the context of the
EPA’s new rules on carbon emissions from power plants.
The visit comes as part of the National Association of Manufacturers’
Congressional Dialogue, an effort to engage members of Congress on
manufacturing issues. Prior to the tour, Congressman Murphy participated
in a roundtable discussion with local manufacturers on the impact of
federal legislation.
“I thank Babcock & Wilcox and the National Association of Manufacturers
for the opportunity to tour this waste-to-energy plant as part of my
continuing jobs tour and hear from local manufacturers about the issues
that affect every aspect of their businesses,” said Rep. Murphy. “Our
manufacturing base is the most advanced in the world, and it’s vital
that the policies put in place by Congress help our manufacturing sector
create jobs and grow our economy. We simply cannot afford for these
businesses to be burdened by unnecessary regulations and an unfair tax
code that stands in the way of increased exports and competitiveness.”
NAM President and CEO Jay Timmons also commented on the importance of
federal government support for manufacturers.
“In these uncertain economic times, manufacturers in Florida are
fighting to remain competitive in the global marketplace,” Timmons said.
“Today’s forum was an opportunity for manufacturers to talk with Rep.
Murphy about the issues that impact their businesses and their ability
to hire, the significant regulatory burden and the burdensome tax code.”
Marshall Cohen, Vice President for Government Affairs and Communications
for B&W, noted, “B&W’s next generation waste-to-energy technology offers
communities across the country a win-win by reducing their landfill
usage and generating clean, renewable power. We appreciate Rep. Murphy’s
interest in this exciting technology and his support for Florida’s
manufacturers.”
At capacity, the Solid Waste Authority of Palm Beach County’s Renewable
Energy Park is designed to process more than 1.7 million tons of solid
waste per year and generate enough renewable energy to power more than
85,000 homes. It will employ more than 200 full-time workers.
Additionally, by employing B&W’s cutting-edge technology – including the
advanced B&W Vølund DynaGrate®, a selective catalytic reduction system,
a dry flue gas desulfurization unit and other equipment – the new
facility is designed to have high combustion efficiency and eliminate 90
to 99 percent of acid gas, heavy metal and dioxins emissions.
The additional facility also is projected to reduce the amount of waste
currently being land-filled by up to 85 percent, which could delay the
need to develop a new landfill in Palm Beach County for many years while
also significantly reducing emissions of the potent greenhouse gas
methane, which is created by decomposing landfill waste.
B&W and its consortium partner, KBR Inc., are scheduled to complete
Renewable Energy Facility #2 in mid-2015. Once open, it will be the
second WtE plant designed, built and operated by B&W at the Renewable
Energy Park
According to the Environmental Protection Agency (EPA), WtE is a "clean,
reliable, renewable source of energy," for generating electricity. There
are 86 WtE facilities across the U.S. As communities across the country
focus on reducing their carbon emissions, WtE can be an increasingly
important part of America’s energy mix.
About B&W
Headquartered in Charlotte, N.C., The Babcock & Wilcox Company is a
leader in clean energy technology and services, primarily for the
nuclear, fossil and renewable power markets, as well as a premier
advanced technology and mission critical defense contractor. B&W has
locations worldwide and employs approximately 11,000 people, in addition
to joint venture employees located at projects throughout the U.S. Learn
more at www.babcock.com.
Contacts:
The Babcock & Wilcox Company
Media Contact:
Ryan Cornell,
Media Relations, 330-860-1345
rscornell@babcock.com
or
Investor
Contact:
Jenny Apker, Vice President, Treasurer and Investor
Relations, 704-625-4937
investors@babcock.com
Source: The Babcock & Wilcox Company
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