Carbon Cycle Power is in talks with several companies in Spokane to construct a waste-to-value demonstration facility in the state of Washington.
CCP, a unit of MPM Technologies Inc., plans to set up a facility that will deploy CCP’s patent-pending photon-induced plasma arc gasification technology to process biomass, such as lumber mill waste and agricultural residue, and municipal solid waste for the cogeneration of heat and power. The company also plans to incorporate a bench scale system to produce renewable diesel and jet fuel in order to gather data, and assess technical and economic feasibility.
Spokane-based Carbon Cycle Investments acquired a controlling interest in MPM, following a stock purchase agreement in April 2013. A driving force behind the stock purchase agreement was the opportunity to create a demonstration site for CCP’s gasification technology.
“Once this demonstration facility is completed, we are confident it will be viewed as a global standard for waste elimination as well as an alternative for the production of electricity and renewable fuels,” said Brian Burrow, interim CFO for Carbon Cycle Investments and MPM . “The ability to produce energy from the planet’s vast supply of biomass and municipal waste is both sustainable and necessary.”