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Gold/Mining/Energy : Global Energy Inc. -- Ignore unavailable to you. Want to Upgrade?

To: CrazyTrain who wrote (16)	4/26/2011 8:48:39 PM
From: CrazyTrain	Read Replies (1) \| Respond to of 134

“During the past two years, we have looked at more than 200 waste conversion technologies and we believe this technology warrants further testing as part of our efforts to develop clean, renewable energy solutions,” said Covanta VP-business development Steven Weber. “If successful, this technology will complement our core Energy from Waste business, extending the line of products and services which we offer customers to provide clean, renewable energy.” As Weber explained in an interview with Hart Energy Publishing, the pilot project aims to produce U.S. EPA-quality highway diesel fuel. That means meeting EPA’s 15-ppm sulfur limit for highway ultra-low sulfur diesel (ULSD) fuel. If testing shows that extra desulfurization equipment would need to be added following the catalytic conversion of RDF, then a special module would be added, Weber explained to us. Covanta decided the technology warranted a closer look given the enormous amount of trash that is land-filled in the U.S. every year – some 250 million tons. Even if more aggressive recycling and re-use schemes were to cut the amount of U.S. trash available for conversion by half, the energy-production potential would still be significant, he said. Given that Covanta already has air and waste permits for its existing RDF power-plant facility – and given that the diesel demonstration plant would only yield a slight amount of incremental air emissions – environmental permitting for the project is less challenging than at other locations, Weber pointed out. Effectively, incremental emissions would be “offset by the benefit of net reductions in greenhouse gas emissions,” he explained. If the demonstration proves successful, then Covanta aims to obtain EPA registration for the diesel fuel. Asked about production cost, Weber said: “This has great potential, but we still have many hurdles to clear before we will know if it is commercially viable.” If studies show the fuel can indeed be economically competitive, and if the process proves itself as robust – with high plant availability – then “we’re looking at a commercial roll-out at both our existing plants and greenfield projects,” he said. Such plants potentially could tap a variety of feeds beyond MSW, including waste-oils, biomass, construction & demolition waste, logging residues, yard waste and “just about anything with hydrogen and carbon in it,” he said. Eventually, that might include purpose-grown, non-food energy crops such as switchgrass, jatropha, or byproducts such as corn stover, he pointed out. – Jack Peckham –Jack Peckham excerpt from: worldfuels.com ______________________________ Note: It took over 2 years before Covanta selected Alphakat - GEYI and it has been over 3 years since then even while the process continues to advance which just goes to show that it is a very time consuming process to get the "big boys" to look at and test a revolutionary new system.

To: CrazyTrain who wrote (16)	5/17/2011 6:00:01 PM
From: CrazyTrain	1 Recommendation Respond to of 134

GEYI Alphakat vs JBII AlphaKat KDV 500: JBI Global: Advantage: Volume claims > 1kg plastic into 1 liter diesel 1kg plastic into 1 liter diesel similar Speed claims > 1 ton organic waste in one hour 1800lb plastic in one hour similar Modular > Modular system since 2007 Working on it? KDV Fuel quality claims > High quality diesel High quality diesel/gas similar (depends on feedstock) System cost claims* > 3-4 million dollars? 587k?* JBI-KDV?* Patents > 70+ Worldwide Claims 5 in progress? KDV Field Experience > Dr. Christian Koch - 20+ years John Bordynuik - 2? years? KDV Market Cap > GEYI (as partner) 17 million? JBII 150 million? ? (subject to change daily) *The JBII competition cost claims were not stated as a "for sale" price but rather were claims of what it cost the company to build a system and it is unclear if that price includes shipping, delivery and setup to a remote location. No build costs are available for the Alphakat system and multiple system discount could possibly change the cost per unit so accurate cost comparisons are incomplete (ie JBI does not appear interested in selling their processor for $587k even without the "secret" catalyst). Both companies claim their catalyst can break the carbon chains where they choose and customize the type of fuel output using low temperatures, catalyst and no pressure. Message 27346149 Alphakat has a turbine that is run from the diesel it produces and it has no stack and the JBI system uses some of the "off-gas" to heat the processor and captures the remainder. Another difference is that JBII is showing interest in mostly high carbon waste plastic and also claims to produce #2 diesel and some gasoline while KDV 500 claims to process all types of organic waste (including waste plastic) and has been optimized to produce high caloric value #2 grade diesel fuel (if testing is successful, Covanta has agreed to pay for ASTM diesel fuel certification). Note: it is not disputed that the carbon content in the feedstock determines the percentage of the fuel output. Because Alphakat can accept all organic waste they also offer an additional module to reduce the sulfur content for clients that process a waste stream which contains a lot of sulfur but if the client uses a plastic waste stream that does not have a high sulfur content, then the sulfur module is not needed. Alphakat and JBI Global operate under different business models so cost comparisons are limited because JBI stated it intends to receive considerably higher percentage of the fuel produced so when looking at long range plan, the KDV unit could be considered more cost effective to a prospective customer depending on their projected price of diesel fuel and useful years of operation. It should be noted that the KDV 500 has been operating in in the USA (Massachusetts) at the Covanta plant under a contract with GEYI since June 2010 and Covanta - Alphakat GEYI has also has been given funding from the U.S. Army to develop a portable waste to energy system. If testing is successful, the contract calls for Covanta to purchase 600 KDV500's (in order to keep the exclusive rights) with the potential of over 1300 KDV's over 10 years and it was estimated up front to take 6 months to one year just for testing. Also noteworthy is that the last modification to the agreement (after Covanta had been testing the Alphakat for several months) Covanta has agreed to pay more of the costs for exclusive rights to the Alphakat system in the US). Covnata is the largest waste to energy company in the US and they researched over 200 companies before choosing the Alphakat KDV 500 for testing. Other issues to consider: GEYI had used toxic financing (convertible debenture) which had destroyed the stock price over the last few years with dilution as it has been over three years since the original agreement was made with Covanta. GEYI has recently addressed this important issue with an insider group buying back 2/3rds of the remaining convertible debt and a new director spending half a million dollars to buy common stock (at a discount). secwatch.com Insiders have put large amounts of their own money into GEYI common stock over the years. GEYI had commissioned a third party to evaluate the Alphakat system before they invested into a partnership. One caution is that GEYI is a very illiquid stock and there is no guarantee that Covanta will conclude the deal with GEYI. JBII has also fallen behind the time-line expectations that Mr. Bordynuik expressed in early 2010 (still no simple air permit?) and they have done several PIPE's and is burning through cash and nobody knows where it is going or if all of the technical problems have been solved for sustained long-term durable operation that is ready for production. At least one shareholder is involved with litigation over removing the restriction on their 1.4 million shares of JBII plus an original directer just sold a large percentage of his holdings. JBI Global SEC filings have been problematic with many restatements late filings and accounting firm changes. Watching closely to see if any large cap companies actually put their own money into a JBI plastic2oil secret catalyst machine as this would add some needed credibility to the claimed cost effectiveness (Covanta searched for two years looking at WTE systems before choosing to purchase & test the Alphakat GEYI waste to diesel system and their final conclusions could come at any time). Deals that have no obligation from "partners" except that they purchase fuel products at a discount OR refer plastic sales for a percentage of fuel, do not to validate the efficiency of any system. AlphaK.A.T. Claims the FIRST viable plastic to diesel operation 2005-2008 (English subtitles) youtube.com youtube.com GEYI and competitor JBII are both publicly traded and both make very similar claims for speed efficiency and output quality, however there are many private competitors with various claims that you can also research (Note - Every company that wants to acquire the plastic waste stream is a direct competitor to JBI whereas Alphakat has fewer competiters that can accept all the plastic plus all other organic waste): Envion Plasco Energy Group Splainex InEnTec Global Resource Corporation Cynar Agilyx Elementa Group GEEP (also uses Alphakat system) Agnion The field of converting waste (especially high carbon plastic) to fuel has become of interest by many companies as the price of crude oil is starting to make it economically attractive. This competition could put price pressure on the waste stream value if the price of oil continues to climb as competitors desire the waste that has the most carbon content. JMHO Disclaimer: Information is compiled for discussion purposes only and is paraphrased from many online sources and is not guaranteed to be complete, unbiased, current or accurate and is also subject to change without notice and it should not be relied upon to make any investment decisions.