ThermoEnergy Corp. (OTCBB: TMEN.OB) expects that tough new rules on coal-fired power plant emissions which were finalized recently by the U.S. Environmental Protection Agency will spur demand for effective, efficient, clean combustion technology.
ThermoEnergy’s clean combustion technology, once commercialized, would allow power plants to burn coal with near-zero air emissions. The process efficiently captures carbon dioxide in clean form for sequestration or beneficial re-use. In addition, ThermoEnergy’s process simultaneously captures SOx, NOx, mercury, and particulates.
Cary Bullock, ThermoEnergy’s President and CEO, noted that the company’s patented technology for the electric utility industry holds the promise of eliminating harmful air emissions, while capturing nearly 100% of carbon dioxide.
The electric utility industry is expected to invest more than $10 billion by 2016 to install scrubber systems to reduce emissions of NOx, SOx, mercury, and particulates, in addition to carbon dioxide, Bullock noted.
“ThermoEnergy sees a tremendous opportunity ahead, thanks to our proprietary technology and the timing of the stringent new EPA rules,” Bullock said.
Bullock said that early targets for ThermoEnergy’s technology would be existing power plants where a boiler replacement could be done at a fraction of the cost of building a new plant using conventional technology.
Dr. Ahmed F. Ghoniem, Professor of Mechanical Engineering at the Massachusetts Institute of Technology and a member of ThermoEnergy’s scientific advisory board, noted that the type of technology used by ThermoEnergy is expected to provide an increase in thermal efficiency for power plants versus certain other technologies that are attempting to reach commercialization.
Founded in 1988, ThermoEnergy Corporation is a diversified technologies company engaged in the development and sales of wastewater recovery and power generation technologies in global markets.
Additional information on the Company and its technologies can be found on its website at www.thermoenergy.com.
Source: PR Newswire
“Be fearful when others are greedy, and be greedy when others are fearful.” – Warren Buffett
If you really want to make some considerable profits from the stock market, it is possible to make a considerable amount of money on penny stock trading. When you find the right penny stock to buy, knowing when to buy and sell is the second most important tool to maximizing your profits.
Being technical, analytical or just flat-out greedy when trading penny stocks is the easiest way to limit profits and, sometimes, even lose your entire investment. You need to have a strong and strict strategy to achieve your goal of maximizing profits while minimizing risks in penny stocks.
Listed below are a few of the many points each and every penny stock investor needs to discover.
- Do your own research.
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- If a Stock Gaps Open, Look for Pullbacks to Enter.
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- If a stock breaks below our alert price GET OUT. Do not wait.
- View Trading as a Score in Points and Not In Money:
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- Work Hard at Learning How to Trade Properly and Keep Working.
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We have particular expertise with internet stocks, gold stocks, renewable energy stocks, biotech stocks, oil stocks and green energy stocks. There are many hot penny stock opportunities present in the OTC market every day and we seek to exploit these hot stock gains for our members before the average daytrader is made aware of them.
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