One Investors Opinion:
Recs: 1 Why Energizer is soooooo wrong! Facts about EEE
If anyone states FACTS, Energizer just says WRONG WRONG WRONG. I stated facts that KFX signed a purchase agreement to acquire MR&E on Mar 14,2005. MR&E was an engineering firm focused on thermal process engineering and the processing of clean coal. MR&E had an agreement with Kennecot Energy. This is an objective fact. But all he can do state misleading informationand say WRONG.
He continually states malicious lies about C-Lock, and continually states pre 2007 mistakes that Evergreen Energy has made. His lies about C-Lock are laughable. C-Lock is in a partnership with IBM and their product GreenCert is already being used in Alberta Canada. But Energizer is stupid enough to state that is nothing more than a spreadsheet.
He states everyone has walked away from Evergreen, he is just trying to mislead anyone that will read his BS.
The fact is there is a very large Utility in Western PA. that can't wait for the new K-fuel plant to be built. They and others (Notre Dame Univ. & Plainsville Ohio) will be the first on board because they have all stated that K-Fuel reduces mercury emissions by over 80%. Energizer will LIE and spin some BS that only he believes, so here is the proof. Please read
DENVER--(Business Wire)--
"A recently completed month-long test burn of K-Fuel(R) refined
coal blended with Ohio coal produced an almost 82 percent drop in
mercury emissions at the stack of a western Pennsylvania power plant
when compared to the mercury content of the raw coal normally burned
at the plant - opening new lower-cost options for coal-fueled boilers
to comply with strict new mercury emissions standards across the
country.
The blend of 75 percent Ohio bituminous coal and 25 percent
K-Fuel(R) refined coal from Wyoming was supplied by Buckeye Industrial
Mining of Lisbon, Ohio, a subsidiary of Evergreen Energy Inc. (NYSE
Arca: EEE). The test was conducted under third-party supervision.
"Simply by switching to K-Fuel(R) blended with local coal at the
25:75 ratio, this plant took a big bite out of its mercury emissions,
which suggests that plants of its type could see sizable cost savings
through added fuel flexibility and reduced or eliminated need for
expensive post-combustion cleanup technologies," said Kevin Collins,
president and CEO of Evergreen. "These findings show that blends of
local coals with K-Fuel(R) refined coal offer utility and industrial
coal consumers a near-term, effective and cost-saving strategy to meet
new mercury emissions standards taking effect around the country."
Collins added that by varying the percentage of K-Fuel(R) in the
blend, coal consumers could source a variety of local coals for their
needs. This added fuel flexibility would not only likely result in
cost savings, but also bode well for the preservation of coal mining
jobs in the eastern U.S. or wherever local coals are in need of
improved performance to meet new emissions standards.
Pennsylvania and 25 other states have implemented, or are
implementing, various mercury emissions rules that are stricter than
the federal Clean Air Mercury Rule (CAMR). The federal mercury rule
requires compliance with a nationwide 38 ton per year first phase cap
effective 2010 and a second phase cap, effective 2018, of 15 tons per
year.
The test results suggested that the 81.7 percent mercury reduction
achieved with the K-Fuel(R) blend could reduce by two-thirds the
amount of costly activated carbon the plant would need to inject in
order to comply with the strictest interpretation of Pennsylvania's
mercury standard.
A lower need for activated carbon would generate sizable cost
savings. Activated carbon injection is an accepted method for removing
mercury from the flue gases of coal-fueled power plants, but the
process is expensive and it reduces the value of the plant's fly ash,
which is sold for use in the construction materials industry.
The fuel and stack-based test results were encouraging, as well,
for industrial boiler operators who must comply with new federal
emissions regulations known as MACT (maximum available control
technology) that were slated to take effect last fall but have been
delayed by court appeals.
In previously announced results from tests at the University of
Notre Dame and the City of Painesville, Ohio, a blend of K-Fuel(R) and
local coals allowed both plants to achieve compliance with the federal
MACT rules for industrial boilers. Achieving compliance with the MACT
industrial boiler standards is an important finding because many of
those industrial boilers are too small to install scrubbers or
injection on a cost-effective basis. |
