What is Greenway Energy?
Our concept is to reuse plastic waste and recycle it into fuel.
How is this possible?
This concept was created in 2009, in Japan. It is now our main goal to expand the usage of this technology, kicking off in Portugal.
Since this method produces less CO2 emissions than the traditional plastic recycling process, this is a great alternative. By 2015, in Europe alone, there were more than 327 million registered vehicles.
Only One Planet
Taking into account the current scenario of pollution in the ecosystem, it is our mission to contribute to the reduction of plastic waste in the ocean.
According to the data from the report produced by the Ellen MacArthur Foundation, there are 8 million tons of plastic enter the oceans every year. And there's no sign of slowing down.
Around the year 2030, there will be about 16 million tons of plastic getting inside the oceans. Around the year 2050, it is estimated to be about 32 million tons.
Today we live in an era that resorts to excess, and growing, the usage of disposable materials, especially plastic, resulting in the following increment of production:
By the year of 2050, there will be four times more plastic being produced than today. However, most of this plastic is wasted.
How it works
This consists of a reverse engineering process of thermal depolymerization (TDP). The whole process occurs in our factory.
This way, the risk of oil spillage is eliminated. For more technical details, visit our website here.
It will not depend on the variations of the Brent prices, allowing us to guarantee a fixed price. This way, you know exactly how much you spend on fuel each year.
Here is the comparison with the average prices in the European Union in 2017:
Now in practical terms, let's compare the European Union average prices to Greenway Energy's.
How about you? Find out here how much can you save.
It has not been easy to get here. These are the tasks we have done so far:
At this point, our projection for the future is as follows:
Risks and challengesLet us be clear - we do not invest in fossil fuels. However, today there is about 1 billion light passenger vehicles in the world that run on fossil fuels and will not cease to exist by tomorrow. We want to help this transition. Our project is to replace all current energy dependencies with sustainable alternatives. This shows the challenges we are proposing. In the medium term, we aim to develop a vehicle that is totally powered by renewable energies. With a goal like this the risks are numerous, some of which we are totally unaware of, but we believe in this dictum: today, when we look around, we are surrounded by the impossibles of yesterday. In addition, we will support several environmentally focused projects, such as The Ocean Cleanup, which inspires us to create our own projects.