ThermoEnergy Corp. (TMEN) Anticipates Strong Demand for Clean Combustion Technology as Result of Tough New EPA Rules for Coal- Fired Power Plant Emissions
ThermoEnergy Corp., a technology company engaged in the development and sale of wastewater recovery and power generation technologies in global markets, announced new opportunities for its patented clean combustion technology due to new tough rules finalized by the U.S. Environmental Protection Agency for coal-fired power plant emissions. Once it is commercialized, ThermoEnergy’s technology will allow power plants to burn coal with near-zero emissions.
ThermoEnergy has worked for two decades to develop sustainable water treatment and clean energy technologies designed to help its clients operate more efficiently, save money and reduce their carbon footprint. Its clean combustion technology, ZEBS, allows power producers and manufacturers currently relying on conventional fossil fuel to switch to a cheaper energy source while emitting almost no emissions. The company is working on the commercialization of the ZEBS clean combustion technology in a joint venture with Babcock Power Inc.
“The Company’s patented technology for the electric utility industry holds the promise of eliminating harmful air emissions, while capturing nearly 100% of the carbon dioxide. ThermoEnergy sees a tremendous opportunity ahead, thanks to our proprietary technology and the timing of the stringent new EPA rules,” said Cary Bullock, ThermoEnergy’s President and CEO, in a press statement. “Early targets for ThermoEnergy’s technology would be existing power plants where a boiler replacement could be done at a fraction of the cost of building a new plant using conventional technology.”
The new ZEBS process produces electricity and liquid CO2 from coal and potentially other energy resources without emitting toxic pollutants into the air. The key difference between this approach and present methods is the use of pressurization. Benefits of operating an entire plant at high pressurization include the ability to use higher-heating values in coal or other carbon fuels and the capturing of the CO2 in the flue gas in liquid form with nothing escaping in the air. This process can be used in new power plant construction or as a way to repower existing fossil fuel power plants.
By 2016, the electric utility industry is expected to invest more than $10 billion to install scrubber systems to reduce the emissions of NOx, SOx, mercury, and particulates, in addition to carbon dioxide, according to ThermoEnergy’s president.
For more information, please visit www.thermoenergy.com
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