Midwest Energy
Emissions has developed and commercialized a patented technology considered to
be the best-in-class solution for a major recognized global problem – mercury
pollution from coal-fired power plants. It is a timely offering, designed to
achieve and maintain compliance with highly restrictive new EPA requirements on
mercury emissions, requirements backed up on a global scale by the Minamata
Convention, signed by 93 countries, including the U.S., which targets worldwide
mercury emissions.
For Midwest, it
represents what is a rare opportunity in the world of business: a government
supported global scale push targeting a problem for which it has the best
solution. The company has a strong patent portfolio across multiple
technologies, covering the U.S., Europe, Canada, and China, with a market
strategy involving a multi-year, recurring revenue contract model. They are
looking at a multi-billion dollar annual market, commencing in 2015 in the U.S.
when new regulations are to take effect. At that time, all U.S. based coal and
oil fired electric power plants of 25 megawatts or higher are to reduce mercury
emissions by approximately 90%. It should be noted that 31 states currently
have no mercury removal requirements at all. As a result, the new regulations
will affect some 1,400 units around the country. Canada, Europe, and China are
expected to be large opportunities for mercury removal in coming years.
For the world’s
environment, it represents a superior and long overdue method of addressing a
serious source of pollution. America’s coal burning power plants are known to
release millions of pounds of toxic pollutants, including mercury, into the air
every year. China and developing nations often look to coal as the cheapest
power source for fast industrial growth. In the case of mercury, it ultimately
finds its way into the ground water and ocean, where it locks into the food
chain. Mercury is a potent neurotoxin, especially harmful to developing fetuses
and young children.
For more information
on Midwest Energy Emissions, visit www.MidwestEmissions.com
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