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Environmentally-friendly Energy

Business Models for the Global Market

Daesung Group has firmly established itself as a leader in the ever-changing
energy market.
With renewable energy business models that take advantage of our concentrating
solar, wind, and landfill-gas-to-energy knowhow, Daesung is a innovator with its
sustainable environmentally-friendly energy projects.
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SRF : Solid Refuse Fuel

Municipal solid waste (MSW) management is a serious challenge if the waste is simply collected and dumped or even if it is buried in a landfill. In order to meet these challenges, refuse-derived fuel is one of the best options. SRF is obtained from municipal wastes and used as an alternative fuel. In so doing, a city can both reduce its solid waste and utilize the fuel in place of less environmentally friendly options such as coal and oil. In addition, in Korea the introduction of SRF facilities is expected to save the equivalent of 25.1 billion KRW in oil imports.

SRF : Solid Refuse Fuel

Overview

Overview table
Name Daegu City Green Energy Center Private Investment Project  
Location 820, Dasa-ro, Dasa-eup, Dalseong-gun, Daegu, Korea  
Area 50,132 §³  
Project Type Private Investment (BTO, Build-Transfer-Operate)  
Construction Period Oct. 2013 ~ Apr. 2014 (30 months)  
Concession Period 15 years  

Major Facilities

Major Facilities table
MBT & SRF Fluff Facility 760 ton/day  
Cogeneration Facility 380 ton/day  
Waste Wood Resource Facility 70 ton/day  
Convenience Facilities for Local Residents sports park, roof garden  

Purpose

By utilizing SRF not only has the issue of Korea's lack of conventional resources been addressed, and a reduction in greenhouse gas emissions achieved but also the problem of the disposal of hazardous wastes can be dealt with. For Daesung Group there is an additional benefit in that this project creates a green energy business synergy with Daesung's landfill gas-to-energy and CES projects. Further, Daesung's technical prowess in renewable energy and environment is verified for export overseas.

Explanation

Solid waste management involves the collection of waste mainly generated by human beings in an urban setting. It consists of household, industrial, agricultural and bio-medical waste. In turn, these wastes can be broken down into biodegradable waste, recyclable waste, inert waste, electrical and electronic waste, composite waste, harzardous waste and toxic waste. SRF consists largely of combustible component of municipal waste such as plastics and biodegradable waste. SRF is an excellent choice for Korea because the country almost completely lacks its own energy resources and because SRF successfully tackles the issues of air and environmental pollution. Further, because the cost of operating a SRF plant is less than the cost of incinerating trash and the waste is treated utilizing environmentally-friendly processes, there are far fewer concerns about NIMBY (not in my backyard) issues from local residents.

Flow Diagram

Flow Diagram