SIMEC and N+P to target fossil-fueled power generation market with new pellet joint venture

Publicatiedatum: 30-05-2018

SIMEC Subcoal Fuels Ltd to produce alternative fuels based on non-recyclable waste

SIMEC Energy, part of Sanjeev Gupta’s GFG Alliance, has signed an agreement with N+P Group to form a joint venture, SIMEC Subcoal Fuels Ltd (SSF), creating a new global alternative fuel supply company to meet the growing demand for greener fuels for (previously) fossil-fueled power stations. 

N+P’s patented Subcoal® fuel pellet aims to address both the growing demand for the re-use of domestic and industrial waste alongside the increasing demand for sustainable power production.

The Subcoal® production process takes advantage of previously unusable, high energy yield non-recyclable waste available within the domestic market. As the waste already contains around 50% biomass content, the energy pellet are an ideal, sustainable substitute for fossil fuels in power stations. On average Subcoal® produces 50% less CO2 and is significantly cheaper than fossil fuels and normal biomass.

Existing waste to energy plants already utilise “non-recyclable waste”, however this tends to be of a lower calorific value than the kind of waste used in the Subcoal® process.  With Subcoal® focusing on higher energy yielding material both Subcoal® burning plants and waste to energy facilities can work alongside in optimising feedstocks and supply chains for both applications.

As a first step, SSF have signed a Fuel Supply Agreement with Uskmouth Powerstation for the supply of 900,000 tons of Subcoal® per annum for the next 20 years. The JV will also set up at least four new Subcoal® production units in the UK to fulfill the demand for this fuel supply agreement. SSF aims to encourage further conversions of fossil fueled power stations to Subcoal® through their supply of environmentally friendly and cost competitive pellets.

Stijn Jennissen Commercial Director of N+P Group BV commented:   “This joint venture with Simec is a very important milestone in our growth strategy for alternative fuels with the Fuel Supply Agreement as an excellent foundation. We look forward to a strong working relationship with Simec and we are even further enthused regarding expanding this relationship further with many other fuel supply agreements.”

Jay Hambro, Chief Executive - Energy and Mining - SIMEC Group said: “This JV is great news for the partners and for the alternative fuel market. 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. It also ties in perfectly with the plans to convert Uskmouth Power Station and is consistent with our philosophy of maintaining a generation supply chain as close as possible to the industrial point of use it powers.”

GFG Alliance

The GFG Alliance is a London-headquartered international group of businesses, founded and owned by the British Gupta Family, with a revenue of over US$12 billion and 12,500 staff. It combines energy generation, metal manufacturing, engineering, natural resources and financial services, working together to deliver a common business strategy. The Alliance comprises Liberty - an integrated industrial and metals business –– SIMEC – an energy, resources and infrastructure group - Wyelands –– a banking and financial services arm – and JAHAMA Estates ––the Alliance’s global property division. Through its GREENSTEEL strategy, the GFG Alliance promotes industrial revival based on low-carbon and sustainable production methods.

Other articles

Old vs new
Commencement of construction of Subcoal Production TSP
N+P wins global Cemfuels Awards and presents co-milling results
Plant Visit: N+P Subcoal, the Netherlands
High CV plastics a problem? N+P thinks it’s a solution!
World Cement Magazine, From Local to Global
N+P now 100% shareholder Subcoal®
N+P at Loesche Symposium
*DUTCH* Afvalpillen het alternatief voor steenkool?

News

SUBCOAL uses cookies.

We use functional and analytical cookies to ensure the proper functioning of our website and to make our website more user-friendly. We also use marketing cookies so that we can show you specific relevant content and / or advertisements. Click 'continue' to give permission for the use of these cookies. More information about the use of cookies and the protection of personal data can be found in our privacy policy.