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Founder/President/CEO shares his objectives with GZ Plastic2Power

GridZero Plastic2Power (GZ Plastic), is a business model first developed in 2012 by our Founder and his non-profit foundation (now the GZ Institute). The objective was to find a means to process the ocean plastic waste that continues to collect within our oceans and on our tropical islands worldwide. GZ Plastic will address similar ocean waste and landfil plastic waste issues using an already proven and safe pyrolsis processing system and equipment made in China, and greatly improved since 2012. 

A processing system that can be placed into any standard industrial park building (see below image). It can convert 30 tons of mixed waste plastic per processing line, per day, to end the life cycle of this waste. In the process it converts plastic back into usable low Sulphur fuel oil to generate electricity or fuel for use in trucking, train travel, cruise line or ocean cargo shipping.

 

The GZ PLastic model was integrated into GridZero in 2023, with a goal to become "The Plastic Waste Solution Company," a future division of our Green Energuy Group. Due to the interest in GZ PLastic, it may become a stand-alone business in the future to help address plastic waste stacking up nationwide at recyclers, and

our landfills. We will contract them to obtain this waste feed stock at no cost.

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To fully understand the value proposition, consider that for every ten (10) pounds of mixed plastic  waste collected and processed, GZ Plastic can recover about one (1) gallon of usable fuel oil. Then consider that an estimated 10 million tons of plastic waste reaches our oceans and coastlines each year, and many times that amount is buried in local landfills. In years past most plastic collected was shipped off to China or other asain countries for processing. That ended in early 2018 and today, most plastic is stacking up in bundles at recyclers, waste companies and worse, placed into landfills or burned. Yet it has causes almost no public outrage until recently. Why? A lack of public awareness is the answer.

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This plastic packaging is a massive global environmental waste problem, and represents a massive hidden oil spill of epic proportion. However, this waste also represents a multi-billion-dollar potential revenue model for those that can successfully recover and process this waste. GZ Plastic intends to do just that, repurpose this growing packaging waste back into power to fuel jobs, economic growth, and further reduce the local carbon footprint.

The GZ Plastic business is currently structured as part of our Green Energy Group. We intend to develop and build processing plants near Las Vegas, and several within Southern California. The goal is to convert waste into generating power for the local power grids, to further enhance the power availability to support the transition to zero emission EV's. GridZero is also interested in the biochar byproduct it will produce, which could be a new way to store and transport hydrogen H2 fuel gas safely.

Consider that an average U.S. household uses 900 kilowatt-Hours (kWh) per month, or just over 10,000 kWh of electricty annually. It takes 0.0016 barrels (bbs) of fuel oil to make 1 kWh of power (electricity).  One (1) Mega-Watt (MW) is equal to 1,000 kWh. so every  MW requires 1.6 bbs (about 68 gallons) of oil to generate it. 

Now consider that for every 30 tons per day of plastic waste pyrolsis line we will produce about 6,000 gallons of useable oil, (30 tin x 2,000 lbs = 60,000 lbs divided by 10 lbs /1 g of oil = 6,000 g /42 g per bbl = 143 bbs /1.6 bbs per MW = 89 MW of poqwe potential per day / per line).

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The greater Las Vegas valley generates an estimated 160 tons of waste plastic related packaging every single day. This comes from an endless supply of hotel guest room amenities, water bottles, food, household and construction material packaging. Not all of this is collected, as much finds it way into the landfill. If 100 tons could be collected and processed, plus an additional 200 tons collected from surrunding regional cities or stored plastic waste locations, GZ Plastic could process 300 tons per day,  with 10 active lines, producing 890 MW of power daily.  

An even greater opportunity for plastic waste-2-power exists within California, where close to 38 million live. GridZero estimates it could generate over 7,000 MW of power daily just from waste plastic that is collected once processing facilities are fully built, if the funding and political will to do so exists. A full processing line will coast about $4.5 million to establish and takes nine months to deliver, not counting land and building costs. A truly worthwhile investment over leaving the plastic sit in our landfills. Stay tuned, this business has huge potential on its own.

 

 

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