March 16th, 2023, Co-Energy is happy to report that Co-Energy and Elcon Recycling Center have signed an agreement to establish a waste-to-energy pilot project, to convert plastic waste to diesel and electricity.
Co-Energy is a proud sponsor of the Wall Street Green Summit 2022, held online during the final week of March 2022. During the fourth day of the Summit on March 31st, in the morning panel dedicated to discussing ClimateTech Solutions and Innovations Day, Co-Energy’s COO Ms. Aviv Dekel presented Co-Energy’s perception on connecting the dots between waste treatment, clean energy production, and de-carbonization.
In her presentation, Aviv discussed how waste treatment technologies need to breakthrough existing methods, while committing to rigorous environmental standards and abandoning old solutions such as landfilling or incineration. In parallel, clean energy production must present a cost-effective model which meets current challenges such as Hydrogen production at 2$ per Kg, energy storage and fuel production not based on fossils. And the thirds vector of the cleantech industry is the de-carbonization goals, which need to expand, greatly expand, and realize the true potential of net negative technologies.
And all three of those vectors must work together in a cost-effective business model otherwise they’ll stay as distant dreams. If we can achieve a fast return on investment on a waste-to-energy system that also generates net negative – it’s a win-win-win situation. For sustainable technologies to work they need to be green in profits, not only in environmental terms. Co-Energy’s presentation is available on YouTube, and we look forward to continue the dialogue on the cleantech industry, its challenges and amazing leap forward.