EQTEC plc has a proprietary advanced gasification technology used in industrial size power plants. Our technology has accumulated hundreds of thousands of running hours in different power plants.
We Are EQTEC plc
The World Bioenergy Association (“WBA”) states that waste management is a fast growing environmental business in the world today. Its report on Energy Recovery from Waste states that the annual global waste generation accounts for 7-10 billion tonnes in total, out of which approximately 2 billion tonnes are categorised as Municipal Solid Waste (“MSW”). It is the intention of EQTEC to tackle this increasing problem. WBA states that the advantages of using an energy recovery from waste system are:
- It reduces the volume of waste up to 96%
- Production of heat and electricity along with solid waste management
- Better sanitation, lower risk of contamination and diseases
- It has climate change impact as producing energy from waste avoids potential emissions from landfilling
This is where we come in
EQTEC Gasifier Technology (“EGT”) is an advanced conversion technology which converts biomass and waste into a synthetic gas used to power gas turbines and generate electricity.
The fuel that is used in the EGT conversion process is Refuse Derived Fuel (“RDF”). RDF is a fuel produced from various types of wastes such as Municipal Solid Waste, industrial wastes or commercial wastes.
In excess of 3 million tonnes of RDF is currently exported annually from the UK. The UK is currently exporting a potential energy source in RDF due to a lack of conversion capacity.
Our technology is the most efficient way to convert RDF into electricity and heat.
EQTEC sources projects that have a local supply of waste in need of conversion. It brings together the promoters, the waste owners, the building contractors and funders and provides the technology and engineering services to the projects. It may also take an equity stake in the projects. EQTEC provides Operation & Maintenance services to the operating projects generating recurring revenues over the life of the projects.
EGT enables project developers to construct highly profitable waste elimination plants converting the waste into electrical and thermal energy. The high comparative energy efficiency of EGT versus other technologies also provides project developers with a competitive advantage allowing them to quote more competitive gate fees for the waste supply.
EGT is one of the most advanced modular gasification technologies available on the market. It offers higher efficiency compared to other generation technologies which creates a competitive advantage for EQTEC.
EQTEC plc is listed on London’s Alternative Investment Market (“AIM”).
EQTEC’s strategy is to be the preferred gasification technology supplier and plant operator to developers and owners of waste to energy projects with the aim of improving overall economics in order to realise value and to generate sustainable incremental wealth for EQTEC and its shareholders.
While our focus is on opportunities in the UK market we engage with customers globally.
We will also build, own and operate waste to energy facilities as opportunities arise.
We have entered into a number of key Strategic Alliances which allow us to be the one stop shop for gasification technology, engineering design, EPC, O&M and project funding.
The Board is focused on growing the business organically and where synergistic opportunities arise through acquisition.
EQTEC’s multi-revenue stream model is founded upon the roll-out of Energy from Waste power generation sites, utilising EQTEC’s established and reliable proprietary gasification technology to eliminate the waste and recover the energy.
Revenues are generated from some or all of the following:
- Sales of equipment and services directly to plant owners.
- Sale of services and equipment to plant owners within an EPC contractor offering.
- Securing regular annual income from Operating & Maintenance (O&M) Services to plant owners.
- Securing fee income from technology licensing in certain markets.
- Securing regular income streams from acquiring ownership positions in appropriate waste to energy plants where gasification plays a key role.
Where opportunities to build, own and operate waste to energy facilities arise revenue streams will also include:
- Project revenues including gate fees received for accepting waste, and income from the sale of electricity and heat.
- Equity dividends (generally post amortization of project debt).
- SPV management services.
- Financing arrangement fees and margin/ royalty.
The Business Model is supported by the fact that globally the amount of waste generated is expected to double between 2013 and 20251 whilst the world’s need for electricity will increase demand by over 70% by 20402. This will help drive huge growth in the Waste to Energy market with market size expected to reach $35.5bn by 20243. EQTEC brings a solution combining both waste elimination and energy recovery.
1 World Bank Group: What a Waste – A Global Review of Solid Waste Management, March 2012
2 International Energy Agency: World energy outlook 2015 – factsheet – global energy trends to 2040, 2015
3 Global Market Insights Inc, Waste to Energy Market Size – Global WTE Industry Share Report 2024, May 2016