The Gasplasma process creates clean hydrogen rich gas from landfill waste. This gas can then be used as fuel in gas turbines and engines used at industrial sites or factories.
LGE, which focuses investment in renewable energy assets, has successfully raised $100 million to fund the implementation of the technology. It has targeted Central and Eastern Europe and North America using an exclusive license to exploit the waste to energy plants in these areas.
LGE chief operating officer Robert Clark said: We are excited to be joining forces with APP to be able to integrate this technology and to position LGE for the decreasing global dependency of energy from fossil fuel and the tightening health and environmental regulatory requirements regarding waste management for Europe 2020 and beyond.
Additionally, LGE is investing $10m in APP for a 10 per cent share of the company.
The Gasplasma system works by using municipal waste, once all recyclable materials have been removed. The pre-treated waste is then gasified - a process where energy is extracted from the waste which produces synthetic gas and solid chars. After further cleaning from a plasma converter the clean hydrogen rich syngas is produced, along with Plasmarok, which can be used in construction.
The fuel has one of the lowest carbon footprints and less than 1 per cent of the process residues go to landfill. According to APP this makes gasplasma technology the highest waste diversion figure of any available technology.
APP has a demonstration plant in Swindon.