Who We Are
Covanta Energy (pronounced coh-van-tuh) is one of the world’s largest owners and operators of infrastructure for the conversion of waste-to-energy (known as “energy-from- waste” or “EfW”), as well as other waste disposal and renewable energy production businesses. Our company name represents the cooperation and advantages inherent in the partnerships we form to provide sustainable waste disposal solutions for the communities and businesses we serve. Covanta operates and/or has ownership positions in 45 energy-from-waste facilities, primarily located in North America, and 20 additional energy generation facilities, including other renewable energy production facilities in North America. We also operate other waste management businesses complementary to our core EfW business. Covanta EfW facilities produce electricity for approximately one million homes in communities across North America.
Energy-from-waste is a sustainable waste disposal solution that is environmentally superior to landfills. It is a source of clean energy that reduces overall greenhouse gas emissions and is considered renewable under many state and federal laws. EfW projects also lower the risk of groundwater contamination and conserve land. Our Energy-from-Waste facilities are an important element of an integrated municipal solid system that maximizes the recovery of energy and recycles metals while also minimizing the environmental impacts of materials remaining after recycling. In addition, communities that have an EfW facility enjoy higher recycling rates than the national average.
Covanta-operated facilities convert 20 million tons of trash annually into 9 million megawatt-hours of clean, renewable energy and create more than 9 billion pounds of steam sold to a variety of industries. Covanta produces almost eight percent of U.S. renewable energy (excluding hydro).
We also operate Energy-from-Waste facilities in China and Italy. We are pursuing additional growth opportunities in parts of Europe, where the market demand, regulatory environment or other factors encourage technologies such as energy-from-waste to reduce dependence on landfill waste disposal and fossil fuel energy production in order to reduce greenhouse gas emissions.
Covanta Energy is a subsidiary of Covanta Holding Corporation, a publicly traded company (NYSE:CVA). For more information about our portfolio of companies, please visit investor relations.