In an effort to expand their renewable energy efforts in the state, Montauk Renewables, Inc. (Montauk) has signed a Renewable Energy Certificates (REC) Agreement with Duke Energy for their proposed waste-to-renewable energy facility in Sampson County, North Carolina.
Currently under construction, Montauk’s Turkey Creek facility will convert swine waste into renewable electricity, natural gas, and other commodities such as biochar fertilizer in a way that avoids a significant amount of greenhouse gas emissions. Once fully commissioned, the facility is expected to produce enough electricity to power more than 5,000 local homes and businesses throughout eastern North Carolina.
“We’re excited about the opportunity to work with Duke on our groundbreaking swine waste-to-Renewable Energy project and to serve the communities of eastern North Carolina with a project expected to be beneficial to the people locally and the environment globally,” said Sean McClain, Montauk CEO.
Under the 15-year agreement, Duke will purchase the facility’s electricity as well as the associated swine waste RECs from the conversion, which is estimated to be up to 47,000 RECs per year once the facility is fully operational in early 2025. This will contribute to Duke meeting its swine waste requirement as outlined under North Carolina’s Renewable Energy Portfolio Standard Law.