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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