MagneGas submits next-gen gasification unit provisional patent application
TAMPA, Florida — MagneGas Corporation a clean technology company in the renewable resources and environmental solutions industries, announced that it has filed a provisional patent application on a next-generation gasification system.
The provisional patent application entails the use of a plasma arc in conjunction with certain fluids and powdered materials such as coal, plastics, and potentially the Company's primary feedstock, butanol. MagneGas has also used this new gasification technology as the basis to file for a Department of Energy (DOE) grant related to the Small-Scale Gasification Systems for Coal otherwise known as “Clean Coal.”
Typical implementation of the Clean Coal technology currently available in the market can require upwards of a multi-year, multi-billion dollar investment to produce hundreds of megawatts of electricity. Such Clean Coal technology employs large scale bespoke gasification units which transform coal into a synthetic gas, which is then burned to produce fewer total pollutants than burning coal directly. The DOE grant calls for the development of a one to five megawatt system which is modular and scalable with a much smaller footprint and capital investment than current Clean Coal systems.
While this specific DOE grant is focused on the gasification of coal, the Company believes the underlying technology will have other applications associated with solid fuels, solid wastes such as plastics and potentially liquids as well. The Company believes there may be additional opportunities to utilize this technology to gasify butanol directly, which could significantly improve the cost to mass produce MagneGas2. This development could enable MagneGas to further compete in the metal cutting fuel industry, and expand into a wider range of industrial fuel gases.
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The shale gas boom established the US as the world’s leading natural gas producer and is responsible for billions of dollars of investments in the US gas processing industry. Since 2012, the US has witnessed unprecedented growth in new gas processing capacity and infrastructure. This rise is due to greater production of domestic shale gas, which is providing cheap, available feedstock to fuel the domestic gas processing, LNG and petrochemical industries. New gas processing projects include the construction of billions of cubic feet per day of new cryogenic and gas processing capacity, NGL fractionators, multi-billion-dollar pipeline infrastructure projects, and the development of millions of tons per year of new LNG export terminal construction. Attend this webcast to hear from Lee Nichols, Editor/Associate Publisher, Hydrocarbon Processing, Scott Allgood, Director-Data Services, Energy Web Atlas and Peregrine Bush, Senior Cartographic Editor, Petroleum Economist as they discuss the future of LNG and the application of Energy Web Atlas, a web-based GIS platform which allows users to track real-time information for every LNG project.
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