Power Corporation (“BPC”) is the first company in the biofuels power
sector – that of generating grid power from biodiesel and renewable
gas. Unlike wind or biomass, biofuels power is easily installed
in urban settings and the economics greatly exceed that of solar or
hydrogen cell generation. BPC has already achieved breakthroughs
with the following events:
- Developed the nation’s
first grid-connected biodiesel powered electric generation plant over
one year ago in Oak Ridge North (“ORN”), Texas just north of Houston.
This plant uses three Caterpillar generators that produce up to 5 MegaWatts
as a peaker plant into the Centerpoint Energy connection in the Texas
power grid known as ERCOT.
- Commissioned the
largest grid-connected biodiesel project known as The Woodlands Area
Renewable Power Plant (“WARPP”) which produces up to 10 MegaWatts
using a General Electric Frame 5 turbine connected to the Entergy electric
grid which powers eastern Texas and Louisiana.
- Purchased a heat
recovery steam generator (“HRSG”) which makes steam from the exhaust
heat from the turbine providing a Combined Heat and Power (“CHP”)
project which increases efficiencies and profitability of the power
- Begun development
of cheaper fuels through transesterification of off-spec oils and gasification
of waste products such as glycerol.