Assignment on Power Plant (Waste to Electricity)

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(Waste to Electricity)

1. An explanation of the industry and the companies within is as they exist currently

Power Grid Company of Bangladesh (PGCB) was created under the restructuring process of Power Sector in Bangladesh with the objective of bringing about commercial environment including increase in efficiency, establishment of accountability and dynamism in accomplishing its functions. PGCB was incorporated in November 1996 with an authorized capital of Tk.10 billion. It was entrusted with the responsibility to own the national power grid and to operate and expand the same with efficiency. Pursuant to Government decision to transfer of transmission assets to PGCB from Bangladesh Power Development Board (BPDB) and Dhaka Power Distribution Company (DPDC), former DESA, PGCB has completed taking over of all the transmission assets on 31.12.2003 and operating them.

Korea Institute of Energy Research (KIER) has developed new technologies for the recovery of energy from various wastes including municipal solid wastes (MSW). The project dealing with the production of biogas and compost from large quantities of Korean food wastes. The anaerobic process plant of this project, located at the Anyang City incinerator site, produces biogas and humus from the treatment of 5 tonnes/day MSW containing approximately 3 tonnes of food waste. The major achievements of this project are; 1) development of a two-phase anaerobic process optimised for Korean food waste treatment and biogas (energy) recovery; 2) development of a sorting pre-treatment process suitable for Korean MSW collection systems; 3) demonstration of the feasibility of Korean food waste treatment as one component of an integrated waste management system including landfill and incineration. In case of the 15 tonnes/day food waste treatment capacity, the operational cost of the plant was estimated to be $25/tonne of food waste. Treatment and the construction costs were estimated to be $435/tonne of MSW in Korea.

General Electric and the Idaho National Laboratory are plumbing engines for a cheap source of energy: waste heat. The two organizations have received a $2 million Department of Energy grant to further develop GE technology that converts the heat from industrial engines into electricity. That technology could make engines 20 percent to 40 percent more efficient and reduce greenhouse gas emissions. An oligopoly describes a market situation in which there are limited or few sellers. Each seller knows that the other seller or sellers will react to its changes in prices and also quantities. This can cause a type of chain reaction in a market situation. In case of Bangladesh the a new company generating electricity through waste would face oligopolistic competition. Under oligopoly the company would be benefited and at the same time it would have some disadvantages. This would reduce waste at the same time it would help to solve the problem of electricity generation

2. A brief history of the industry and the companies you are investigating

After the British left this subcontinent in 1947, the Electricity Directorate was created to arrange supply electricity to different urban centers. At that time private electricity generation and distribution facility did exist in some towns like Comilla, Narayanganj and Dhaka. In the fifties and in sixties a step motherly attitude was adopted by Pakistan government towards this country so far as industrialization and electricity development was concerned. A much lower allocation than needed was made available. The external fund from Japan for Karnanfully third unit was diverted to Mongla in West Pakistan

3. The type of products that is provided by this industry/company and the type of customers to whom they sell.

Electricity is basically a public good. Such Industries usually concentrates on the government for the customer. From the government it is distributed...
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