Vista International, known for their proprietary Thermal Gasifier™
gasification technology for converting solid carbon-based materials ranging
from biomass and waste to tires, into clean electricity and exploitable thermal
energy, comes into sharp focus today as their newest waste-to-energy project
gets ready to go online here in Q1 2014, even as the release of BP’s 2035
energy outlook projections shifts the market’s lens to a 370% growth in
renewable energy production.
Global energy consumption is set to rise 41% by 2035 according to BP’s
projections, with 95% of that coming from emerging markets (non-OECD economies,
led by China and India), as shares of fossil fuels converge, with each
component of oil, gas (the fastest growing segment) and coal taking up about
27% of the pie. Couple this with the biggest projected renewable gains being in
VVIT’s initial target markets of North America (some good details in the North
American focus PDF on renewable growth metrics) and the EU, and you have a
recipe for success that puts Vista in the sweet spot for capitalizing on the
trend mapped out in BP’s report.
Renewables are set to jump to 14% of total global electrical production
by 2035 according to the report projections, rising over 180% as producers move
to enhance cost-effective exploitation of abundant renewable resources (like
waste), and waiting to capture that momentum will be VVIT’s technology.
Perfectly timed and targeted, Vista’s Thermal Gasifier technology is able to
utilize virtually any hydrocarbon-based waste material as an input and the low
cost for installation, as well as operation and maintenance of the hardware,
will funnel more and more business towards the company as things progress.
Vista’s expansion of their Hutchins tire processing facility has improved
operating efficiency, translating directly into better throughput, with success
leaning heavily on over two decades of experience VVIT has in waste-to-energy
system manufacturing. BP’s numbers from this latest report could spell a very
bright future for VVIT over the long term and it should be an interesting
property to keep an eye on.
Check out the Vista International Technologies site for more info at
www.VVIT.us
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