Friday, January 17, 2014

Midwest Energy Emissions Corp. (MEEC) Capitalizing on New Energy Demands for Market Leadership

As an extension of the Clean Air Act of 1990, in 2011 the United States Environmental Protection Agency (EPA) started issuing a set of new quality control regulations for tighter emissions standards for power plants. Known as the Mercury and Air Toxic Standards (MATS), these regulations were the final phase of the Clean Air Act and aimed at bringing power plants across the United States into compliance with much-stricter standards for mercury emissions and their harmful impact. Specifically, MATS requires that all U.S.-based coal and oil-fired electric power plants, generating 25 mega-watts and higher, reduce their mercury emissions by approximately 90% by mid-April 2015. The compliance standards are being applied to 1,400 power plants, the total number of power plants of that energy generation classification within the United States (1,100 coal-fired plants and 300 oil-fired plants at 600 power stations).

Once the deadline for compliance is reached, the EPA estimates that the annual total cost of compliance will be around $9.6 billion. With this deadline taking place next year, many US utilities are looking for ways to bring themselves into compliance via a method that offers affordability, efficiency, and effectiveness. Midwest Energy fills this gap by supplying a powerful and cost-effective solution for mercury emissions capture: its patented SEA™ technology.

This technology substantially reduces mercury emissions to levels required by MATS or even lower, at a fraction of the cost of the two most typically used mercury emissions methods by the utility industry. Costs for the other two methods can range from $5 million to $20 million per year if they are applied for mercury emissions reduction levels of 80% to 90%. At emissions levels of 80% or higher, they also have been shown to be disruptive to business operations. Alternatively, Midwest Energy’s SEA™ technology brings mercury emissions to compliance levels and above while posing no such risk, with up to 40% fewer costs than the other two options.

Midwest Energy is on track to having a great 2014, having established its proof of concept and made 31 highly-successful technology demonstrations to interested client prospects. The company also expects to announce a number of LOIs in 2014. Leveraging this highly economical and effective mercury-capturing solution, Midwest Energy may well be on its way to emerging as a leader in this unique marketplace.

For more information, visit www.midwestemissions.com

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