MORRISTOWN, US: Covanta, a world leader in sustainable waste management and renewable energy, announced a new 20-year agreement with New York City Department of Sanitation to transport and sustainably dispose of municipal solid waste (MSW) delivered to a pair of marine transfer stations located in Queens and Manhattan. Service for the Queens marine transfer station is expected to begin in early 2015, with service to the Manhattan marine transfer station to follow in 2016 when construction work is expected to be completed by New York City.
Covanta is the largest owner and operator of Energy-from-Waste (EfW) facilities in North America and plans to utilize capacity at existing facilities to convert the City’s MSW into clean energy. It is anticipated New York City will deliver approximately 800,000 tonne of MSW per year which reflects the City’s continued efforts to reduce waste generation and increase recycling.
According to the US EPA, for every tonne of MSW processed at energy-from-waste facilities, greenhouse gas emissions are reduced by the equivalent of approximately one tonne of carbon dioxide emissions. This is possible due to the avoidance of methane from landfills, the offset of greenhouse gases from fossil fuel electrical production and the recovery of metals for recycling.
“New York City is a leader in addressing climate change which makes us particularly proud that they chose Covanta and our Energy-from-Waste solution to help achieve one of their important sustainability goals. This contract is also important to Covanta because it will provide a significant and stable base of revenue, further enhancing our already predictable business model,” said Anthony Orlando, President and CEO, Covanta.
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