Refined Energy Holdings

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Refined Energy Holdings
Type Private
Headquarters 116 Radio Circle Dr.
Mt. Kisco, NY 10549
Key people Ramesh Raman, CEO
Industry Electric Generation
Products Electricity
Revenue N/A
Net income N/A
Employees N/A
Website REHINC.com

Refined Energy Holdings (REH) is a privately-owned U.S.-based company that was established in 2006 to develop coal-based power projects and products as an alternative to imported oil.

On its website the company states that it was created to "develop projects using advanced clean-coal technologies to generate electricity and to produce industrial products, diesel fuel and gasoline" and to "to develop additional projects based on advanced, environmentally friendly energy technologies that use predominantly domestic raw materials and resources." [1]

In 2005, Southeast Idaho Energy LLC, a subsidiary of REH, proposed a 520 megawatt Integrated Gasification Combined Cycle (IGCC) plant at the FMC Superfund site near Pocatello, Idaho. [2]

Power portfolio

Refined Energy Holdings did not own any power plants in 2005. The Power County Advanced Energy Center project would be the company's first power plant.[3]

Proposed coal plants

On November 30, 2009 the Idaho Department of Environmental Quality issued a permit to Southeast Idaho Energy that will require their proposed Power County Advanced Energy Center plant to emit 58% less CO2 than a comparable plant of its stature now emits. The Sierra Club and the Idaho Conservation League were in negotiations with Southeast Idaho Energy for several months prior to the announcement. It was reported that the deal gives the plant an easier road to secure funding for its future construction.

This was the first departure by the Sierra Club, who has previously stated that they will oppose all new coal-fired power plants. The plant will utilize the controversial technology known as carbon sequestration to reduce the plant's CO2 footprint.[4] In April 2011 the $1.5 billion coal-gasification plant that is intended to produce nitrogen-based fertilizers was put on hold due to a lack of money, a company official stated. Southeast Idaho Energy, a subsidiary of Refined Energy Holdings, had already obtained an air quality permit from the Idaho Department of Environmental Quality and a special use permit from Power County to build the plant.[5]

However, in May, 2011 it was announced that Southeast Idaho Energy closed its office in American Falls, site of its proposed plant that is to be designed to make fertilizer through a process called coal gasification[6]

Contact Details

Website: http://www.rehinc.com/

Resources

References

  1. Refined Energy Holdings, "Our Expertise: The REH Team", accessed December 2007.
  2. Refined Energy Holdings, "Power County Advanced Energy Center", Idaho Department of Environmental Quality, July 2007.
  3. Existing Electric Generating Units in the United States, 2005, Energy Information Administration, accessed April 2008.
  4. Idaho sets stringent clean coal' rules for proposed plant, Rocky Barker, Miami Herald, November 30, 2009.
  5. "Plans to build E. Idaho coal-gasification plant put on hold due to lack of money, company says" Idaho State Journal, April 2, 2011.
  6. " Southeast Idaho Energy closes office at American Falls, Idaho State Journal, May 27, 2011.

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