Over 1 billion people worldwide live without electricity, and nearly 3 billion people still use dangerous fuel sources for indoor cooking and heating. Energy poverty, or a lack of access to modern energy services, causes severe health and environmental consequences that impact families globally.
The lack of access to reliable and distributed energy around the world is more of a problem than many realize. Access to affordable and clean energy is not just access to a working lightbulb – it’s vital access to clean water, vaccines for children, nighttime surgeries, education and the elimination of health-damaging cook stoves. Put simply, access to energy is crucial for the success of growing economies.
Imagine the impact for a small, remote community. Within 48 hours of installing a modular Bio-CHP™ at a community medical facility, the unit can deliver enough energy to support 100% of the medical facility’s 24/7 continuous power requirements. This inexpensive, reliable source of electricity will enable these facilities to use additional life-saving medical equipment, which would otherwise not be possible. Uniquely, the Bio-CHP™’s waste heat can also be used to provide high-temperature hot water – which is critical for all medical procedures.
Each system provides enough energy to power over 100 standard homes. Bio-CHP™ systems can be installed throughout a community, and supply a direct opportunity to also generate essential power for telecommunications towers, water pumping systems, Wi-Fi systems, and vital power for local small businesses. Also unique to the Bio-CHP™, these units can work off-grid (what we call ‘island mode’) to supply critical power when other energy sources from the surrounding microgrid(s) are not available.
Each Bio-CHP™ unit creates dependable income streams for the local workforce. Bio-CHP™ owners can use the inexpensive power to expand services, and sell extra power to surrounding businesses to generate profits. Farmers can be paid to deliver agro-waste (rice husks, plant waste, coconuts, etc.), recyclers can be paid to collect plastics, and skilled maintenance positions will need to be filled.
The greenhouse gases (“GHG”) we are emitting from fossil fuels, open dumps and landfills will still be affecting the climate many millennia from now. The climate change-driven ecological destruction that we are witnessing right now – the loss of human life, plant and animal species caused by natural disasters such as floods, droughts, wildfires and heat waves – will have detrimental impact to the future of our children. We need to make changes now.
With China closing its doors to most of the developed world’s recycled goods, countries across the globe are turning to landfills and dumps. Only a small percentage of recycled waste actually gets reproduced into durable goods, and these goods are often manufactured as single-use products, meaning they too will end up in landfills.
Although single-use plastics have proven extremely efficient in a variety of applications, such as bottling, packaging, and storage, their improper disposal has created a global crisis. Plastics threaten our health, our oceans, and our planet’s ecosystem. Microplastics are increasingly becoming of concern, as it is now estimated that the average human consumes a credit card-sized quantity of microplastic each week. With our innovative, patented approach, the Bio-CHP™ system can convert plastics into clean energy, creating a market for waste plastics across the world.
The Bio-CHP™ system uses clean carbon neutral organic material sources; each machine can offset at least 550 MTCO₂e per year. Bioenergy is defined as a renewable energy source because it uses organic material, referring to anything that was once alive or part of a living organism, as fuel. These sources are full of energy, which – in one way or another – comes from the sun. In turn, all living or previously-living things are nature’s battery, packed full of energy from the sun. It is a carbon-neutral energy source that can sustainably produce both electricity and heat. As our Bio-CHP™ technology replaces the need for fossil fuels, carbon offsets come to the forefront of the emissions discussion.
CO₂ is typically at the core of the majority of GHG emission discussions, as organic waste decomposes, then emits methane in addition to CO₂. Landfills are great for managing, collecting and storing large quantities of waste in a relatively safe manner – but the concern lies in the amount of methane gas they inevitably produce. Methane is an extremely potent GHG. Over a 20-year period, one methane molecule has the same global warming potential as 86 molecules of CO₂. Because of its potency, methane reduction is a key factor in slowing climate change – and why the use of organic waste energy reduces GHGs.
Microgrids in developing countries and island states are being rapidly deployed where the utility grid is not available, or where it has failed to reach certain communities. More people on the planet are without electricity today than when Edison first invented the lightbulb, and many of those people live in Sub-Saharan Africa. Two out of every three individuals in this part of the world is completely without electricity and relies on costly and unsafe kerosene for basic day-to-day energy needs.
We believe that the future of microgrids not only lies in helping to combat energy poverty, but also in providing energy resiliency in the event of power disruptions or catastrophic events. The Bio-CHP™ systems replace fossil fuel-based power generation to provide a 24/7 continuous source of energy. Our Bio-CHP™ systems integrate with other intermittent renewable energy sources, providing an optimal combination of continuous renewable power.
Easy to install, easy to move – Bio-CHP™’s are rapidly deployable, remotely monitored and easily maintained, always ensuring optimal performance.
Fueled by locally-sourced organics and unrecyclable plastics, our Bio-CHP™ units deliver power at a very low levelized cost of electricity (“LCOE”) compared to other small power generation systems. These modular systems support fast mobilization and eliminate the need for risky and expensive construction projects. The low LCOE and rapid installation also removes the need for time-consuming and expensive “off taker” power purchase agreements.
The Bio-CHP™ empowers a decentralized network of investors and end-users to finance projects and pay for energy through blockchain-enabled, digital currency using smart meter technology. Tokenization and smart meters provide peer-to-peer transactions that allow investors to bypass traditional markets to fund Bio-CHP™ installations, and allows end users to use non-traditional payment methods, such as PayGo, to pay for energy. These same technologies also allow for organic waste and plastic redemption programs to empower community members to collect and deliver fuel for Bio-CHP™ systems.