ElectraTherm’s Green Machine Awarded the Wall Street Journal Technology Innovation Award
Wall Street Journal editors have identified ElectraTherm, Inc.’s Green Machine as one of the best technological inventions of 2009. While presenting the WSJ Technology Innovation Award in the Energy category, the editors of Wall Street Journal identified the ElectraTherm Green Machine as “an electricity-generation system that catches wasted heat and converts it into emission-free electrical energy.” Read more about Geothermal Energy Market Potential
In picking out award receivers, the Wall Street Journal judges deliberated whether inventions were actually innovative and whether their practical application would be particularly effective in a time of economical adversity. For the ninth annual Innovation Awards, a Journal editor in chief surveyed almost 500 entries, sending more than 180 to a team of judges from research establishments, venture capital companies and other companies. ElectraTherm’s innovative waste-heat retrieval technology won because it dramatically improves the energy efficiency of biogas power stations, geothermic applications, coal-fired plants, stationary engines, and solar thermic facilities.
Already orders have been taken in for ElectraTherm Green Machines from buyers around the world. According to Richard Langson, CEO of ElectraTherm, “Our technology takes heat energy and pressure, and converts it into functional power. These standard powerhouses present a form of import creation in judicious energy utilization, allowing for power stations around the world to yield extra electrical energy without consuming supplementary fuel or producing additional discharges – the very definition of energy efficiency.”
ElectraTherm’s heat-to-power technology also increases the energy efficiency at geothermic land sites by tapping the hot water determined in mines, along with the tens of thousands of capped oil wells and other small geothermic resources. For example, Gulf Coast Green Energy will utilize Green Machines to make clean electrical energy at two projects funded by the Research Partnership to Secure Energy for America. The first of those projects will create power from heat energy caught in geothermic saltwater, a familiar by-product of boring for oil.
ElectraTherm Green Machines can change low temperature (200°F) geothermic heat energy into electrical energy for on-the-scene consumption, or for sale to a power grid.
Florida Canyon Mining, Inc. learned of ElectraTherm’s technology while looking to work the geothermic water utilized in their operations. The ElectraTherm Green Machines will capitalize on surviving 220°F groundwater at Florida Canyon, in Northern Nevada, to create fuel-free, clean electrical power while cooling down that geothermic water for additional utilization in mining operations.
A forklift can easily direct the skid mounted 5′x5′ 50kW ElectraTherm Green Machine, making it a truly modular, scalable power station. Containing only three components with moving parts, the Green Machine operates at improved levels of efficiency and dependability likened to established turbine driven variations.
Compared to other varieties of renewable energy technology, ElectraTherm extends one of the fastest payback periods in the industry, with long-run prices of under a penny per kilowatt hour. The five foot by five foot system can approach small and distant geothermic resources, which opens up a large market for producing electrical energy from geothermic heat energy.
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