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Thermal Energy Targets Attractive Cogeneration Market with Super-Efficient, FLU-ACE(R) Augmented Solution
(via Thenewswire.ca) OTTAWA, ONTARIO / TheNewswire / July 5, 2016 - Thermal Energy ...
About this update from Thermal Energy International Inc.
[{"type":"text","content":"Thermal Energy Targets Attractive Cogeneration Market with Super-Efficient, FLU-ACE(R) Augmented Solution(via Thenewswire.ca)\n\n \nOTTAWA, ONTARIO / TheNewswire / July 5, 2016 - Thermal Energy International Inc. (\"Thermal Energy\" or the \"Company\") (TSXV: TMG), a global provider of proprietary energy efficiency solutions to the industrial, commercial and institutional sectors, is targeting the attractive cogeneration market by combining its proprietary FLU-ACE heat recovery technology and engineering expertise with existing power generation technologies to provide the highest efficiency combined heat and power (CHP or cogeneration) solution available.\n\n \n \nKey Benefits of a FLU-ACE Augmented Cogeneration Project:\n\n \n \n-Up to 70% reduction in electricity costs;\n\n\n \n-Up to 95% energy utilization efficiency;\n\n\n \n-15% to 20% natural gas energy savings;\n\n\n \n-Additional 15% to 20% reduction in greenhouse gas (GHG) emissions compared to typical CHP systems;\n\n\n \n-Verifiable emission reduction credits (ERCs)\n\n\n \n-Typical net project payback of two to five years.\n\n \n \n\"We are in a unique position to capitalize on the increasing popularity of combined heat and power systems by providing enhanced levels of efficiency not provided by typical cogeneration project developers,\" said William Crossland, CEO of Thermal Energy. \"Electricity generation based on fossil fuels is rather inefficient. At best the electrical efficiency is usually around 40%i at full load, meaning 60% of the fuel energy content is wasted as residual heat. Typical cogeneration systems make use of this waste heat, potentially improving overall efficiency up to as high as 75% to 80%ii. Combining a typical cogeneration product with our proprietary FLU-ACE heat recovery technology results in a marked improvement, pushing efficiency up to as high as 95%iii.\"\n\n \n \nThermal Energy has already applied its FLU-ACE to a number of cogeneration projects on a retrofit basis and is now offering a complete turnkey design-build cogeneration plus FLU-ACE solution. The Company will initially be targeting some of its key corporate accounts with whom they have strong relationships as well as specific regional markets where attractive incentive funding is available for the design and implementation of cogeneration projects.\n\n \n \nFor more informatio...