Wasting Energy A massive industry has arisen to answer the question What do we do with our waste materials Waste management companies have stepped up their involvement in building waste to energy processing units moving from traditional waste handling to integrated plants combining waste handling and power generation into a single line process Building such plants requires considerable investment a secure supply of waste materials and exten sive time to plan and execute These facilities present unique risk management challenges that must be managed to guarantee safety reputation and business continuity To ensure a waste to energy facility s operation seven days a week 365 days a year two common property risk management chal lenges must be considered fire and machin ery breakdowns Preventing equipment breakdowns The combination of power generation and waste management fuses together a variety of automated and complex operations At its core the introduction of power generating equipment brings elements uncommon to the traditional waste management industry While the capability of this equipment offers a robust revenue stream ensuring that the machinery performs as expected and with out interruption requires constant monitor ing by skilled technicians A main factor in preventing breakdowns is mitigating the human element risk The use of complex power generating equipment requires highly skilled and trained operators At a time when businesses are tasked with operating under very lean circumstances they must invest in skilled machine opera tors to ensure the continuity of operations Experience has shown that trained operators can avert an incident and lessen the impact on operations The waste to energy industry is helping to solve the growing problem of what to do with our waste materials Worldwide revenues from the industry at the end of 2012 accounted for US 17 billion and are expected to reach US 28 billion by 2016 according to a report by global growth consulting firm Frost Sullivan 20 Reason ISSUE 1 2015 the IDEA

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