Midwest Energy Emissions Corp. (MEEC) Positioned for Strong Future with Innovative Technology and Prospective Partnerships

As part of the final phase of the Clean Air Act of 1990, the US EPA has rolled out a quality control regulation slated to reduce the harmful impact of mercury emissions. Known as the Mercury and Air Toxic Standard (MATS), this regulation requires US utilities to reduce their mercury emissions by approximately 90%. MATS applies to U.S.-based coal and oil-fired electric power plants generating 25 mega-watts and higher, of which there are approximately 1,400 units around the United States (constituting 1,100 coal-fired plants and 300 oil-fired plants at 600 power stations).

With some extensions being allowed, the vast majority of these units are being pushed toward compliance by mid-April 2015. The EPA notes that beginning in 2015, the total annual cost of compliance is projected to reach around $9.6 billion, a big economic pressure on US utilities.

Naturally, US utilities are searching for an economical, effective solution to bring their operations to compliance by the required deadline. Ohio-based Midwest Energy Emissions fills this gap through technologies it develops and delivers as cost-effective solutions to bring these operations to MATS’ required levels or even higher minimization standards. At the heart of the company’s efforts is its Sorbent Enhancing Additive Technology (SEA™ Technology), which is injected into boilers into small amounts to substantially reduce mercury emissions.

How the technology offers values to US utility operations is straightforward but substantial. It offers a more economical solution to minimizing mercury emissions than currently used industry methods and is much less disruptive to business operations and the costs associated with disruption. SEA™ Technology can also greatly reduce the impact of mercury capture on balance-of-plant systems and operations, and the technology can be tailored for each application’s demands for optimal results.

Costs for the industry methods of mercury emissions can range from $5 million to $20 million per year if they are used for mercury emissions reduction levels of 80% to 90%. Additionally, they have been shown to pose threats to operations at levels above 80%, a factor that greatly affects their efficacy and attractiveness to utility operations users. SEA™ Technology can perform at the levels required by MATS or above while eating up as much as 40% less costs than these two other methods.

Having established proof of concept with its SEA™ Technology, Midwest Energy Emissions recently announced it has moved into the “growth and execution phase” of its business lifecycle. The company completed 31 demonstrations that showcased its technology’s capabilities and value to the coal power industry. In the words of the company’s CEO, the demonstrations consisted of technology testing “across all coal types as well as a majority of utility system designs, in head-to-head competitions.” As a result, Midwest Energy Emissions signed the first of a number of letters of intent that it expects will increase in number soon. Other operators in the coal power industry are expected to jump on the bandwagon as the company increases in public awareness, as well.

In addition, a mid-November Seeking Alpha article highlighted the company’s prospects for future profitability and success. The article’s author, research analyst Matt Levy, noted that “…even if an investor were to be extremely conservative and assume the company would only capture 5 percent, the total annual sales for [Midwest Energy Emissions] would total approximately $480 million.” Levy then noted the company’s standing capitalization could be of great benefit to investor gains based on that revenue projection. Midwest Energy Emissions is also looking overseas and across America’s northern borders to China, Europe, and Canada to evaluate its technology’s market potential. With its technology in place, the company just might emerge as a provider of mercury reduction solutions in the US utilities sector and even abroad.

For more information, visit: www.midwestenergyemissions.com

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