Integrated Waste to Energy Concept
Our strategy is to bring together the ‘Waste to Energy Cycle’ in one integrated business model. The cycle of organic waste to energy (‘field to yield’) is a natural cycle, but the commercialisation of that cycle is only in its relative infancy and is dominated by inefficiencies.
Verta Energy’s integrated approach addresses these inefficiencies and is built on the principal objective of achieving the commercial and physical integration of the entire waste to energy cycle.
Our business strategy comprises two elements:
- Vertically integrating the existing business streams into one holistic business model on one industrial site; and
- Taking advantage of the collapse of the financial markets to acquire the key components of planned Integrated Waste to Energy Plants from distressed situations at a deep discount to cost thereby substantially reducing the capital required.
We are at an advanced stage in the development of our first Integrated Waste to Energy Plant having:
- Successfully acquired an industrial site in the North East of England that is very well suited to be the foundation for our first Integrated Waste to Energy Plant together with considerable, relevant on-site infrastructure, plant and equipment.
- Rezoned, cleaned and reconfigured the acquired site, infrastructure and plant and equipment to form the base for our first planned Integrated Waste to Energy Plant.
- Completed the detailed project plan for the remaining parts of the project and sourced many of the component parts.
- Substantially developed the commercial arrangements, contracts and relationships around the proposed Integrated Energy businesses.
Our market analysis leads us to conclude that the focus of our business model should primarily be on the following components of the waste to energy cycle:
- On-site processing and procurement of sustainable waste oil feedstocks; and
- On-site generation of electricity for sale into the Grid (our site has an electricity sub-station connected to the Grid).
Whilst there are other profitable variants of our business model, we regard this particular focus as optimal in the current market.
Our business model is deliberately modular and flexible and, as a result, the exact form, timing and staging of its roll-out, may differ from the indications described above, largely based upon the appetite of the capital markets.
We are now seeking a fresh injection of capital to enable us to complete the entire project.