IST Energy Corp. launched a waste-to-energy system into the consumer market that cleanly converts trash into electricity and gas heat.
The GEM3T120 can process up to three tons of paper, plastic, food, wood and agricultural materials daily into pellets. The resulting energy from these pellets is enough to power and heat a 200,000 square foot building housing more than 500 people. With no disposal costs for the waste it processes and the energy produced, IST estimates the GEM creates an annual energy cost savings of about $250,000.
“The GEM is the right product at the right time,” said Stu Haber, president and CEO of IST Energy. “The GEM has created a value for every bag of trash we generate – first by eliminating the need for disposal and then by converting it into energy.”
“This model can save businesses, institutions and municipalities hundreds of thousands of dollars annually,” Haber added. “Never have sustainability and environmental stewardship been more of a focal point for Americans, especially considering President Obama’s goals for energy independence.”
The GEM can save consumers big bucks, but the benefits of using the system are not only financial. The GEM is eco-friendly and carbon negative, diminishing greenhouse gases by 540 tons annually. In fact, the system powers itself with the clean energy it produces.
Venues that are ideal for the GEM include:
- Amusement parks
- Arenas and stadiums
- Large apartment complexes
- Office buildings and industrial plants
- City transfer stations