Babcock & Wilcox Awarded Front-End Engineering and Design Contract for Canada’s First Waste-to-Energy Plant with Carbon Capture and Sequestration
Babcock & Wilcox (NYSE: BW) has been awarded a contract to conduct front-end engineering and design (FEED) for Varme Energy's planned waste-to-energy with carbon capture and sequestration project in Alberta, Canada. The project, set to be Canada's first of its kind, will involve B&W engineering the plant's waste-fired boiler, emissions control technologies, and post-combustion carbon capture system.
The proposed facility, to be constructed northeast of Edmonton, would have the capacity to process up to 200,000 tons of waste per year. Following the FEED contract, B&W's anticipated scope includes design, supply, and construction of various plant components, including the combustion grate, boiler, economizer, air quality control system, and carbon capture systems.
Babcock & Wilcox (NYSE: BW) ha ricevuto un contratto per condurre ingegneria e progettazione preliminare (FEED) per il progetto di Varme Energy relativo alla conversione dei rifiuti in energia con cattura e stoccaggio del carbonio in Alberta, Canada. Il progetto, destinato a essere il primo del suo genere in Canada, prevede che B&W progetti la caldaia a flusso di rifiuti dell'impianto, le tecnologie di controllo delle emissioni e il sistema di cattura del carbonio post-combustione.
La struttura proposta, da costruire a nord-est di Edmonton, avrà la capacità di elaborare fino a 200.000 tonnellate di rifiuti all'anno. Dopo il contratto FEED, l'ambito previsto per B&W include la progettazione, la fornitura e la costruzione di vari componenti dell'impianto, inclusi il grate di combustione, la caldaia, l'economizzatore, il sistema di controllo della qualità dell'aria e i sistemi di cattura del carbonio.
Babcock & Wilcox (NYSE: BW) ha sido adjudicada un contrato para realizar ingeniería y diseño de front-end (FEED) para el planificado proyecto de Varme Energy de residuos a energía con captura y almacenamiento de carbono en Alberta, Canadá. Este proyecto, que será el primero de su tipo en Canadá, implicará que B&W diseñe la caldera de residuos de la planta, las tecnologías de control de emisiones y el sistema de captura de carbono post-combustión.
La instalación propuesta, que se construirá al noreste de Edmonton, tendría la capacidad de procesar hasta 200,000 toneladas de residuos al año. Después del contrato FEED, el alcance anticipado de B&W incluye el diseño, suministro y construcción de varios componentes de la planta, incluyendo la rejilla de combustión, la caldera, el economizador, el sistema de control de calidad del aire y los sistemas de captura de carbono.
Babcock & Wilcox (NYSE: BW)는 캐나다 앨버타에서 Varme Energy의 계획된 폐기물 에너지 전환 프로젝트(탄소 포집 및 저장 포함)를 위한 전면 엔지니어링 및 설계(FEED) 계약을 수주했습니다. 이 프로젝트는 캐나다에서 같은 유형의 첫 번째 프로젝트가 될 예정이며, B&W는 폐기물 연료 보일러, 배출 제어 기술 및 연소 후 탄소 포집 시스템을 설계합니다.
제안된 시설은 에드먼턴 북동부에 건설될 예정이며, 연간 최대 200,000톤의 폐기물을 처리할 수 있는 용량을 갖게 됩니다. FEED 계약 이후, B&W의 예상 범위에는 연소 그레이트, 보일러, 경제 보조기, 공기 질 제어 시스템, 탄소 포집 시스템을 포함한 다양한 플랜트 구성 요소의 설계, 공급 및 건설이 포함됩니다.
Babcock & Wilcox (NYSE: BW) a obtenu un contrat pour réaliser l'ingénierie et la conception en amont (FEED) pour le projet de Varme Energy de valorisation des déchets en énergie avec capture et stockage du carbone en Alberta, Canada. Ce projet, qui sera le premier du genre au Canada, impliquera que B&W conçoive la chaudière à déchets de l'usine, les technologies de contrôle des émissions et le système de capture de carbone post-combustion.
La structure proposée, qui sera construite au nord-est d'Edmonton, aura la capacité de traiter jusqu'à 200 000 tonnes de déchets par an. Suite au contrat FEED, l'étendue anticipée de B&W comprend la conception, la fourniture et la construction de divers composants de l'usine, y compris la grille de combustion, la chaudière, l'économiseur, le système de contrôle de la qualité de l'air et les systèmes de capture de carbone.
Babcock & Wilcox (NYSE: BW) wurde ein Vertrag zur Durchführung von Front-End-Engineering und Design (FEED) für das geplante Abfall-zu-Energie-Projekt mit Kohlenstoffabscheidung und -speicherung von Varme Energy in Alberta, Kanada, erteilt. Das Projekt wird das erste seiner Art in Kanada sein und umfasst die Planung des Abfallkessel, der Emissionskontrolltechnologien und des Nachverbrennungs-Kohlenstoffabscheidungssystems durch B&W.
Die vorgeschlagene Anlage, die nordöstlich von Edmonton errichtet werden soll, wird die Kapazität haben, bis zu 200.000 Tonnen Abfall pro Jahr zu verarbeiten. Nach dem FEED-Vertrag umfasst der voraussichtliche Umfang von B&W die Planung, Lieferung und den Bau verschiedener Anlagenkomponenten, einschließlich der Verbrennungsroste, des Kessels, des Economizers, des Luftqualitätssystems und der Kohlenstoffabscheidungssysteme.
- Awarded FEED contract for Canada's first waste-to-energy plant with carbon capture
- Potential for a larger project scope following FEED completion
- Project aligns with B&W's expertise in waste-to-energy solutions
- None.
Insights
This FEED contract marks a strategic move for B&W into the growing waste-to-energy with carbon capture market. While the financial terms aren't disclosed, such projects typically lead to larger contracts. The potential follow-up project, processing 200,000 tons of waste annually, could significantly boost B&W's order book. This aligns with the global trend towards sustainable waste management and clean energy solutions, potentially opening doors to similar projects worldwide. However, investors should note that FEED contracts don't guarantee project execution. The stock impact may be in the short term but positive in the long run if it leads to a full project contract.
This project represents a significant advancement in waste management and emissions reduction technology. Combining waste-to-energy with carbon capture is innovative, addressing both waste reduction and CO2 emissions simultaneously. The facility's capacity to process 200,000 tons of waste annually could substantially reduce landfill usage, a critical environmental benefit. The inclusion of advanced air quality control systems for particulates, NOx and SOx further enhances its environmental profile. If successful, this project could serve as a model for future facilities globally, potentially accelerating the adoption of such integrated solutions in the waste management sector.
This contract positions B&W at the forefront of an emerging market segment. The waste-to-energy with carbon capture sector is poised for growth, driven by increasing environmental regulations and the push for sustainable energy solutions. Canada's commitment to this technology could spark similar initiatives in other countries, expanding B&W's potential market. However, the success of this project will be crucial for market confidence. Investors should monitor the project's progress and any subsequent orders in this sector. While B&W's stock might not see immediate significant movement, successful execution could lead to a re-evaluation of the company's growth prospects in the medium to long term.
As part of the contract, B&W will conduct engineering and design for the plant’s waste-fired boiler, emissions control technologies and post-combustion carbon capture system.
“This initial engineering contract is an important first step in what we anticipate will be an exciting, large-scale municipal waste-to-energy with carbon capture and sequestration project,” said B&W Chief Operating Officer Jimmy Morgan. “We’re pleased to partner with Varme Energy to help turn waste into a clean energy source with reduced greenhouse gas emissions.”
“B&W is committed to providing our customers around the world with advanced solutions to generate energy from waste while reducing reliance on landfills and safeguarding the environment,” Morgan added.
“With the signing of the front-end engineering and design contract, Varme Energy is pleased to partner with Babcock & Wilcox to advance the development of the first waste-to-energy with carbon capture and sequestration facility in Canada,” said Varme Energy Chief Operating Officer Wayne Carey. “Leveraging B&W's global experience in delivering safe, proven and environmentally sound waste-to-energy facilities is our first step in reducing waste destined for landfills and providing clean, reliable electricity.”
The proposed facility would be constructed northeast of
Following completion of the FEED contract, B&W’s anticipated scope for the proposed project would include the design, supply and construction of the plant’s combustion grate, boiler and economizer, as well as the design and supply of the air quality control system (AQCS) for particulates, nitrogen oxide and sulfur oxides, and a carbon capture absorber and sorbent regeneration system.
About Babcock & Wilcox
Headquartered in
Forward-Looking Statements
B&W cautions that this release contains forward-looking statements, including, without limitation, statements relating to the receipt of a contract for front-end engineering and design for a waste-to-energy and carbon capture project in
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Investor Contact:
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704.625.4944
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330.860.1345
rscornell@babcock.com
Source: Babcock & Wilcox Enterprises, Inc.
FAQ
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