Biofuels Power Corporation (“BPC”) is the first company in the biofuels power sector – that of generating grid power from biodiesel and renewable gas. Unlike wind or biomass, biofuels power is easily installed in urban settings and the economics greatly exceed that of solar or hydrogen cell generation. BPC has already achieved breakthroughs with the following events:
- Developed the nation’s first grid-connected biodiesel powered electric generation plant over one year ago in Oak Ridge North (“ORN”), Texas just north of Houston. This plant uses three Caterpillar generators that produce up to 5 MegaWatts as a peaker plant into the Centerpoint Energy connection in the Texas power grid known as ERCOT.
- Commissioned the largest grid-connected biodiesel project known as The Woodlands Area Renewable Power Plant (“WARPP”) which produces up to 10 MegaWatts using a General Electric Frame 5 turbine connected to the Entergy electric grid which powers eastern Texas and Louisiana.
- Purchased a heat recovery steam generator (“HRSG”) which makes steam from the exhaust heat from the turbine providing a Combined Heat and Power (“CHP”) project which increases efficiencies and profitability of the power plant.
- Begun development of cheaper fuels through transesterification of off-spec oils and gasification of waste products such as glycerol.