GreenHeart Energy LLC has selected San Antonio for its Texas company's headquarters — for legal, banking and accounting purposes — but most of its activities will occur near and in Corpus Christi.
GreenHeart Energy, founded in 2008, plans to harvest mesquite in South Texas, chip the wood, and ship it from Corpus Christi in bulk to a German port. Once the chips are in Europe, electricity utilities will burn them to create turbine-turning steam.
Because burning mesquite chips produces less pollution than the coal the utilities have been burning, the utilities can sell some of their pollution permits back to their governments.
Mayer listed Poland as the country with the biggest potential for mesquite chips. Utilities in the United Kingdom, Ireland, Holland, Italy, Sweden, Norway and Denmark also are likely customers, Mayer said.
Mesquite wood has a low moisture content and an energy level, when burned, of somewhere between that of brown and black coal, Mayer said.
GreenHeart Energy estimates more than 500,000 acres of mesquite exists within 100 miles of Corpus Christi, with a yearly availability of 19 million tons. The company wants to harvest mesquite within only 100 miles of Corpus Christi to control transportation costs.
Every 35 metric tons of mesquite chips will cost the company about $2 million in payments to landowners, the ports and logistics, Mayer said.
GreenHeart Energy is negotiating a three-acre lease at Port Corpus Christi, which would give it enough space for 40,000 metric tons of storage.
Read more: http://www.mysanantonio.com/business...#ixzz2S9SyLBRq
GreenHeart Energy, founded in 2008, plans to harvest mesquite in South Texas, chip the wood, and ship it from Corpus Christi in bulk to a German port. Once the chips are in Europe, electricity utilities will burn them to create turbine-turning steam.
Because burning mesquite chips produces less pollution than the coal the utilities have been burning, the utilities can sell some of their pollution permits back to their governments.
Mayer listed Poland as the country with the biggest potential for mesquite chips. Utilities in the United Kingdom, Ireland, Holland, Italy, Sweden, Norway and Denmark also are likely customers, Mayer said.
Mesquite wood has a low moisture content and an energy level, when burned, of somewhere between that of brown and black coal, Mayer said.
GreenHeart Energy estimates more than 500,000 acres of mesquite exists within 100 miles of Corpus Christi, with a yearly availability of 19 million tons. The company wants to harvest mesquite within only 100 miles of Corpus Christi to control transportation costs.
Every 35 metric tons of mesquite chips will cost the company about $2 million in payments to landowners, the ports and logistics, Mayer said.
GreenHeart Energy is negotiating a three-acre lease at Port Corpus Christi, which would give it enough space for 40,000 metric tons of storage.
Read more: http://www.mysanantonio.com/business...#ixzz2S9SyLBRq
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