Group items matching

in title, tags, annotations or url

The machine is effective in recycling different kinds of plastic into oil.

Utilization doesn't just take into account the 20 percent of recycled plastic. But it also considers the incinerated 52 percent used for energy recovery like generating electric power or heat. Akinori Ito says "If we burn the plastic, we generate toxins and a large amount of CO2. If we convert it into oil, we prohibit CO2 production and at the same time, increase people's awareness about the value of plastic garbage"

Oil from Shale: Oil can be extracted from this fine grained, organic rich, sedimentary rock through pyrolysis, thermal dissolution or hyderogentation. Shale contains high concentrations of organic chemical compounds known as Kerogen. From this solid mixture, oil is extracted through chemical process. Shale can be effective converted into combustible oil shale gas and liquid hydrocarbons (shale oil). Global deposits of Shale are estimated to be around 2.8 trillion to 3.3 trillion barrels of restorable oil. Planet earth is blessed with about 600 known oil shale deposits, most of which is found in United States of America. Although several countries have oil hale deposits, known deposits of economic importance is found only in 33 countries.

Recovery of stranded costs is perhaps the most contentious issue confronting regulators in promoting competition.  Stranded costs (or assets) are costs that have been prudently incurred by utilities to serve their customers but cannot be recovered if the consumers choose other electricity suppliers. One study has estimated current stranded assets at $88 billion, and estimates of projected stranded costs range from $10 billion to $500 billion. In its Order 888, FERC reaffirmed "that the recovery of legitimate, prudent and verifiable stranded costs should be allowed." FERC's directive is grounded in the belief that the recovery of stranded costs "is critical to the successful transition of the electricity industry to a competitive, open-access environment." For this purpose, direct assignment of costs to departing customers was selected as the appropriate method for recovery of stranded costs.