Clean Energy Technology Gets Go-Ahead for Patent in Over 100 Countries.Business/Energy Editors LITTLE ROCK, Ark.--(BUSINESS WIRE)--Nov. 19, 2001 ThermoEnergy Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : TMEN TMEN N,n,n',n'-Tetraethylethylenediamine ) announced today that all thirty-one claims for its TIPS clean energy technology meet the criteria for patentability in over 100 member nations belonging to the Patent Cooperation Treaty The Patent Cooperation Treaty (PCT) is an international patent law treaty, concluded in 1970. It provides a unified procedure for filing patent applications to protect inventions in each of its Contracting States (see Accession section below for current membership (PCT (Private Communications Technology) A protocol from Microsoft that provides secure transactions over the Web. See security protocol. ). TIPS, an acronym for ThermoEnergy Integrated Power System, converts coal, oil, biomass and other, low-cost "opportunity" fuels such as Orimulsion, into energy with zero air emissions. Already patented in the U.S., ThermoEnergy's foreign patent application was expanded to include gasification gas·i·fy tr. & intr.v. gas·i·fied, gas·i·fy·ing, gas·i·fies To convert into or become gas. gas and hydrogen production. The go-ahead from the PCT significantly enlarges the overall market for this environmentally friendly, cost-effective power generation technology. TIPS is a totally new concept in turning fossil fuels into energy without harmful air emission, including carbon dioxide (CO2) - a major contributor to global warming. TIPS uses gas-to-liquid nucleate nu·cle·ate adj. Nucleated. v. 1. To form into a nucleus. 2. To serve or act as a nucleus for. 3. To provide a nucleus for. n. A salt of a nucleic acid. condensation physics to collect and remove environmental concerns associated with the use of a diverse mix of fuels. CO2 is recovered as a liquid and can be used for sequestration or beneficial reuse. Some of these beneficial reuses include enhanced oil recovery Enhanced Oil Recovery (EOR) is a generic term for techniques for increasing the amount of oil that can be extracted from an oil field. Using EOR, 30-60 %, or more, of the reservoir's original oil can be extracted [1] compared with 20-40% [2] , working fluid for transportation systems, or the production of methane gas found in coal beds. Although coal represents the cheapest and most abundant fuel source in the U.S., almost 90% of these coal reserves are unminable. Injecting the low-cost TIPS produced CO2 into these unminable coal beds forces the methane to the surface where it is collected as a relative clean energy source. The CO2 remains trapped in the coal, thus sequestered, while simultaneously extracting the energy from this otherwise lost resource. TIPS can be used for new power plant construction or as a retrofit for existing coal-fired power plants. Fossil fuels account for well over 50% of the power consumed in the U.S. as well as most industrialized in·dus·tri·al·ize v. in·dus·tri·al·ized, in·dus·tri·al·iz·ing, in·dus·tri·al·iz·es v.tr. 1. To develop industry in (a country or society, for example). 2. nations of the world. Changing from fossil energy to green energy will require a strong government commitment and years of research and development. However, by eliminating the environmental problems associated with burning fossil fuel for energy, the world can turn its attention to developing these clean energy technologies of the future including solar, wind and hydrogen. For further information visit the Company's website or call: ThermoEnergy Corporation, Dennis Cossey, 501/376-6477. |
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