A majority of today’s operating waste to energy plants were developed in the 1980s. In order to finance these facilities, comprehensive feasibility reports were required that assessed the engineering and financial feasibility of the projects. The Bristol Resource Facility Operating Committee (BRRFOC) commissioned two such reports; in 1985 when the project was initially financed and again in 1993 when the initial bonds were refunded. Key assumptions were made in the 1985 and 1993 reports regarding energy prices, landfill costs, inflation, member tonnage, recycling rates, changes in law and plant operations. Despite the enormous changes that have occurred in the waste to energy industry over the past 20 years, BRRFOC’s member community tipping fee has consistently outperformed projections. In fact, due to BRRFOC’s financial track record, a 2005 refinancing was successfully marketed to financial institutions without an independent economic study. This paper will compare and contrast the 1985 and 1993 projections and assumptions to actual performance. The information provided will assist decision makers contemplating contract renewals, expansions or new waste to energy projects determine what sensitivity analyses, if any, need to be included in the feasibility report.
Skip Nav Destination
Sign In or Register for Account
14th Annual North American Waste-to-Energy Conference
May 1–3, 2006
Tampa, Florida, USA
Conference Sponsors:
- Solid Waste Processing Division
ISBN:
0-7918-4204-5
PROCEEDINGS PAPER
Applying Lessons Learned From Waste-to-Energy Feasibility Study Projections to Contract Renewals, Expansions and New Projects
Jonathan S. Bilmes
,
Jonathan S. Bilmes
Bristol Resource Recovery Facility Operating Committee, Bristol, CT
Search for other works by this author on:
Susan F. Hemenway
Susan F. Hemenway
Bristol Resource Recovery Facility Operating Committee, Bristol, CT
Search for other works by this author on:
Jonathan S. Bilmes
Bristol Resource Recovery Facility Operating Committee, Bristol, CT
Susan F. Hemenway
Bristol Resource Recovery Facility Operating Committee, Bristol, CT
Paper No:
NAWTEC14-3183, pp. 39-45; 7 pages
Published Online:
October 2, 2008
Citation
Bilmes, JS, & Hemenway, SF. "Applying Lessons Learned From Waste-to-Energy Feasibility Study Projections to Contract Renewals, Expansions and New Projects." Proceedings of the 14th Annual North American Waste-to-Energy Conference. 14th Annual North American Waste-to-Energy Conference. Tampa, Florida, USA. May 1–3, 2006. pp. 39-45. ASME. https://doi.org/10.1115/NAWTEC14-3183
Download citation file:
Sign In
2
Views
0
Citations
Related Proceedings Papers
Related Articles
Clean Power from Burning Trash
Mechanical Engineering (February,2017)
From Trash to Cash
Mechanical Engineering (June,1999)
Surface Feature Identification Using a Vision-Based Manifold for Robotic Demanufacturing
J. Manuf. Sci. Eng (May,2006)
Related Chapters
A Case Study of Gasification CHP in Northern Italy in the European Context and Comparison to Traditional Combustion Systems
Proceedings of 2018 EEC/WTERT Conference
“iEnergy-from-Waste”: Evolution or Revolution in Automation for Municipal Waste Treatment Facilities?
Proceedings of 2018 EEC/WTERT Conference
Applications of the 3T Method as an Efficiency Assessment Tool for Waste-to-Energy Facilities and Numerical Comparisons with the R1 Formula
Proceedings of 2018 EEC/WTERT Conference