Balboa Pacific: 50 Hottest Companies in Bioenergy candidate profile
Balboa Pacific
Based in: California
2008-09 ranking: Unranked
Business: Balboa’s “Green-Loop System” is a waste-to-power and biofuel system utilizing pyrolytic gasification. Balboa Pacific’s unique proprietary patented continuous-feed pyrolytic gasification waste treatment machine (the Bal-Pac) is capable of reducing the volume of any organic waste up to 95%, while producing recyclable and resalable by-products from the thermal destruction of ALL organic waste including: municipal solid waste, construction and demolition waste, used tires, biomass, animal waste, agricultural /agribusiness waste, forest waste, landscape waste, industrial waste, hospital waste, oil sludge, sewage waste, hazardous and toxic waste etc.
Model: Balboa will undertake a project specific, strategic approach to deliver its integrated systems to market. Balboa plans to build and operate its system on a project-specific basis, enter into joint ventures, build, operate and transfer, earning fees prior to transferring ownership, selling its systems outright, or on a royalty basis, when and where required.
Past milestones:
1. Numerous domestic and foreign patents issued with proprietary knowledge.
2. A 50 ton per day machine was constructed, funded by Southern California Gas and private investors. Total investment: approximately $2.5 million dollars.
3. Machine operated at California Steel for 18 months. During that time, numerous leading independent environmental companies like Dames & Moore (now owned by URS), Sandia Laboratories, Pacific Environmental Services, etc., tested and monitored emissions and char and without exception concluded that the Bal-Pac pyrolytic gasification process complies with all standards set by the US EPA and the world’s highest standards set by southern California’s AQMD. “Balboa’s Pyrolytic Gasification destroys 99.999984% of the toxic elements found in ANY feedstock that was introduced through the System and is cost effective in its application to waste management.” (URS study on website)
4. In 2002 Balboa entered into a manufacturing agreement with Alstom Power Inc.
Future milestones:
1. Balboa is currently in project specific negotiations with several private and governmental organizations both domestically and internationally.
2. Domestically, a C&D recycling facilities will recognize substantial new revenue from the conversion of material once landfilled. The C&D facility owners are in negotiations with investors about replicating this C&D system at 30+ sites.
3. The State of California is interested in Balboa’s “Green Loop System” after discussions took place in Sacramento. California has energy and biofuel mandates Balboa’s technology will help California achieve.
4.
Metrics: Balboa’s pyrolytic gasification process is exceptionally clean, with emissions that are 99.999984% free of any dioxins, furan, smoke or soot while creating an inert, environmentally beneficial and usable by-product carbon char (an effective soil additive that retains moisture and nutrients while slowly releasing them into the soil). Bal-Pac’s are modular, scalable (50-500tons per day) and mobile.
Balboa Pacific quotable quotes:
“The World’s supply of oil will run out long before its supply of waste”
“Balboa’s shovel ready waste to energy used tire project is currently seeking funding. This $5MM project has a 50% ROI.”
The Hot 50 for 2009-10 will be released Tuesday, 12/1. Between now and then, you’ll see profiles of potential candidates in the Digest, and you’ll have a chance to vote for your favorites. Reader response will count for 50 percent of a company’s overall score in the preparation of the rankings. The remaining 50 percent is voted by a panel of experts.
Information on registering your company for the “50 Hottest Companies in Bioenergy” rankings is here. While registration is not required, completing the candidate profile allows companies to augment information provided to the panel of selectors – registration form materials are also used to create candidate profiles that are published daily in Biofuels Digest.
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