LONDON, Oct. 11, 2016 /PRNewswire/
-- Lockheed Martin (NYSE: LMT) has signed a teaming
agreement with CoGen Limited to develop energy-from-waste projects
in the United Kingdom, starting
with a new plant in Cardiff,
Wales.
The Cardiff facility will
convert waste into up to 15 megawatts (MW) of energy, enough to
power about 15,000 homes and businesses in the local area. To
generate energy, the plant will process approximately 150,000 tons
of waste per year, significantly reducing the need for landfill
use. Construction is expected to begin in 2018, with operations
starting in 2020.
"This project will make a substantial contribution to
Cardiff and will further showcase
how bioenergy technologies can help reduce waste, decrease
pollution and generate clean, renewable energy," said Frank Armijo, vice president of Lockheed Martin
Energy. "We're excited to team with CoGen, and we're looking
forward to other projects where we can help businesses,
manufacturers and U.K. municipal and regional governments address
their critical waste and energy challenges."
CoGen will serve as the owner and developer of the Cardiff project and Lockheed Martin will lead
the engineering, procurement, manufacturing and construction of the
plant. The facility will use Concord Blue's Reformer® technology,
which converts waste to energy through a process called advanced
gasification. The technology can convert nearly any kind of organic
waste into clean, sustainable energy.
In addition to the Wales
project, Lockheed Martin and CoGen will jointly pursue other
similar projects, and smaller-scale opportunities to develop
energy-from-waste projects for commercial and industrial businesses
throughout the U.K.
"CoGen is excited to be forming this partnership with Lockheed
Martin and bringing the Concord Blue Reformer® technology to the
U.K.," said Ian Brooking, chief
executive officer of CoGen Limited. "Cardiff will be the first of a pipeline of
projects that over the coming decade will see local, smaller-scale
generation play a bigger part in delivering the U.K.'s energy
requirements."
Based in England, CoGen is a
leading advanced gasification energy-from-waste company within the
U.K. The company develops, constructs, manages, owns and executes
advanced gasification plants throughout the U.K., with five
projects either generating energy or under construction, and six
additional projects in planning.
Lockheed Martin Energy is a line of business within Lockheed
Martin that delivers comprehensive solutions across the energy
industry to include demand-response solutions, energy efficiency,
energy storage, nuclear systems, tidal energy technologies and
bioenergy generation.
For additional information, visit our website:
www.lockheedmartin.com/energy
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a
global security and aerospace company that employs approximately
98,000 people worldwide and is principally engaged in the research,
design, development, manufacture, integration and sustainment of
advanced technology systems, products and services.
About CoGen
CoGen is at the forefront of the Advanced
Gasification of Waste industry within the U.K. and develops,
constructs, manages, owns and executes Advanced Gasification
plants. Projects are selected to minimize the transportation of
waste within the U.K. and to ensure local benefit is gained from
community waste. For additional information, visit our website:
www.cogenuk.com
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SOURCE Lockheed Martin