With an average growth rate of 30% annually over the past five years, wind energy is the world’s fastest-growing clean energy resource in the world, although it still accounts for only a small portion of world electricity supply. The wind power potential of most countries is vast and barely beginning to be tapped.
With a large US aerospace corporation as one of our prime technology suppliers (contributing system components that they have already spent $100+ million developing for military applications), the Company will be developing a proprietary two-blade, variable camber rotor with “ALC” (Active Lift Control), Down Wind Turbine technology that improves upon a very successful and proven wind technology previously developed and supported by the U.S. Department of Energy and NREL (National Renewable Energy Lab), of which major contributors to that wind program are now working for the Company.
The Company believes that the technologies advantages will make a major leap in reducing the COE in the wind energy industry and exposing the Class 4 wind sites as viable opportunities. Our new innovative variable camber blade design, low drag airfoil tower and blade attachment will reduce parts, time to assembly and will provide easy inspection. This technology lends itself to a being a very reliable, robust and low cost design. Centripetal has already filed provisional patents related to the technology.
Energy Recovery Turbines
According to the International Energy Agency, the world consumes approximately 13 trillion kilowatt hours of electricity each year. For every kilowatt of electricity produced by a fossil-fuel burning power plant or diesel/gas engine generator there is an equal amount of energy produced as waste heat exhaust, which is currently vented to the atmosphere through a smokestack, cooling tower or engine tailpipe.
Yet this waste heat could be recovered and harnessed to produce even more usable energy, increasing efficiency and lowering the price of power to a customer because more power could thus be produced from a given volume of fuel. Currently, such waste heat recovery is not routinely implemented in the industrial world. Until now.
In every country around the world, there are thousands of single-stage gas-fired and coal-fired power plants, gasoline and diesel-fired generators and factories with boilers, ovens and furnaces that daily generate tremendous volumes of wasted heat and steam pressure energies that the Company’s waste heat recovery products can capture, harness and convert economically into MW’s of clean power (which the heat-resource owner/customer facility can use for themselves or sell into the grid at a profit).
With the rising cost of fuels and electricity, power plants and factories around the world have fiduciary obligations to their shareholders to increase their corporate operating efficiencies by generating more power from less fossil-fuels, with reduced pollution emissions, at a lower cost of energy – and hedge against their rising energy costs by installing waste heat recovery systems such as those manufactured by the Company and its prime technology suppliers.
The Company’s waste heat recovery systems can help America and other international customers reduce their reliance on foreign energy imports by more efficiently recovering and harnessing the vast resources of energy that they currently discard and ignore, such as the following freely available energy resources:
• Wasted “exhaust” heat from thousands of natural gas and coal-fired power Plants
• Unused “smokestack” heat from hundreds of thousands of factory ovens, furnaces and incinerators
• Wasted “process” heat of America’s oil refineries and chemical manufacturers
• Wasted exhaust heat from thousands of natural gas-fired compressors that push natural gas along America’s vast pipeline network and that is wasted
• Wasted kinetic gas pressure energy inside high-pressure gas wells, interstate-tocity- gate pipelines and natural gas storage facilities (without reducing natural gas volumes flowing through the pipeline system)
• Geothermal heat inside hundreds of thousands of America’s abandoned oil wells, dry-holes and decommissioned geothermal wells (that can be re-opened to generate new profits from old wells)
Numerous market applications have been identified for this new technology, including power generation, heat recovery, renewable energy systems, medical applications, transportation systems, pumps, compressors and waste recovery in the U.S. and global marketplaces. The chosen launch market is power generation, ranging from 250kW to 1.0MW, using a variety of fuel sources including petroleum products, geothermal, biomass, land fill, gas well, agricultural and feedlot waste gases, methane, oils, and steam. Our goal is to implement these engine technologies into our mobile power generation skids.
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