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To: craig crawford who wrote (359)	6/27/2001 1:22:41 PM
From: craig crawford	Read Replies (1) \| Respond to of 1643

High-flyer pork power theage.com.au By ROD MYER Wednesday 27 June 2001 Renewable Energy Corporation, the latest green-energy high-flyer on the stockmarket lists, has moved to turn some of its blue sky into money in the bank with the signing of a joint-venture agreement to turn pig manure into electricity. REC, partnered by Smithfield Foods, America's largest pig farmer, and technology group QED Australia, will build a pilot plant to be completed by mid-2002 at a cost of $US4 million ($A7.7 million). A further $US120 million will then be spent on building 14 plants of 30 megawatts each alongside Smithfield pig farms in North Carolina. REC's technology, developed by New Zealander Paul Williams, involves gasifying organic waste and burning the resulting carbon monoxide and hydrogen to create steam for generation. Power is then sold into the local grid. Waste steam is used in industrial processes, in this case the pig and pork operation. Smithfield, which will provide pig manure as fuel for the generators free of charge, has been given an ultimatum by local authorities to find a way of disposing of the waste from its pig sheds.