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Midwest Energy Emissions Corp. (MEEC)

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Last Post: 11/21/2016 2:06:54 PM - Followers: 24 - Board type: Free - Posts Today: 0

In April 2015, the final component of the Clean Air Act of 1990 – MATS (Mercury and Air Toxic Standard) - becomes effective, requiring that all U.S.-based coal- and oil-fired electric power plants generating 25MW and higher to reduce mercury emissions by approximately 90%.
 

                                                    

Total Mercury Control

  

    

 

   

YOUR MERCURY REMOVAL SOLUTION

 

      We have the most cost-effective strategy for Hg emissions reduction that meets EPA MATS compliance for all of your coal-burning power plants.  Our technology is  successful across a myriad of fuel and system types, is tunable to any configuration and is CCR Friendly.

      Midwest Energy Emissions Corp. (ME2C) develops and delivers patented, cost-effective mercury capture systems and technologies to power plants and other coal-fired units in the United States and Canada. ME2C takes a holistic approach to the mercury emissions problem by delivering proprietary technologies that allow customers (i.e. coal-fired power plants, etc.) to meet emissions regulations in an effective and economical manner, with the least disruption to their ongoing operations.

Midwest Energy Emissions Corp. (OTCQB: MEEC) started as a R&D relationship with the Energy & Environmental Research Center (EERC) of the University of North Dakota. EERC is one of the world’s leading developers of cleaner, more efficient energy and environmental technologies to protect and clean air, water and soil. In 1993, the U.S. EPA designated the EERC as the Center for Air Toxic Metal (CATM).

ME2C and the EERC worked closely with utilities, federal and state governments, emissions scientists and engineers to address the complexities of mercury emissions control in power plants. Through ME2C’s research and testing, an alternative approach has been proven that provides for mercury emissions capture rates at 90%+ in coal-fired power plants. The result is that ME2C and EERC have developed a leading-edge mercury emissions control technology called Sorbent Enhancement Additive (SEA™) designed to reduce mercury emissions in the flue gases of coal-fired power plants, on which ME2C controls the worldwide patents.

ME2C believes that this is the best solution for mercury emissions capture in coal-fired power plants considering cost, effectiveness and flexibility with minimal disruptions to ongoing plant operations. ME2C is offering this technology to coal-fired power plants and utilities in the U.S. and Canada with future expansion into Europe and China at the appropriate time.

Company Website

  

 


Investment Highlights
 

Symbol (MEEC)

Midwest Energy Emissions Corp.

 
Common Stock SEC Reporting - Current
  • Multi-Year, Recurring Revenue Contract Model
    23 Patents in U.S., Europe, Canada, China
    Large Multi-Billion Dollar Annual Market Commencing in 2015 in the U.S.
    Commercially Proven, Patented, Proprietary SEA™ Technology
    Imminently Large, Mandated Market; EPA Estimates $9.6B Annually
    Reputable, Experienced Management Team
    Most Cost-Effective Solution on the Market     
            

http://ir.midwestemissions.com/  Investors Quick Link (click)

  •                                                                                                                                                                                                                                                                     

As of March 20, 2015
Common stock;   100,000,000 Shares Authorized
                
40,451,388 Outstanding  

Products

ME2C’s extensive product lines cover both its patented SEA™ system products and complete line of sorbents for backend system applications across all boiler types. These products, when combined with the company’s patented process, provide an economical and environmentally friendly approach to mercury mitigation. Sorbent loading is reduced significantly when compared to traditional activated carbon systems.

Sorbent Enhancing Additive (SEA™) Technology

The SEA™ product line is specifically tailored for each application to match a customer’s fuel type and boiler configuration for optimal results. This high-grade sorbent enhancement additive, which is injected into the boiler in minimal amounts, works in tandem with proprietary sorbents to insure maximum mercury capture with superior economics compared to typical mercury removal techniques in use today. This tailored approach has the added advantage of substantially reducing the impact of mercury capture on the balance-of-plant systems and operations.

ME2C Sorbents

The sorbent line consists of a number of proven, environmentally friendly proprietary sorbents that meet and exceed the mercury mitigation requirements of our clients while providing the best possible economics and the lowest possible feed rates.

ME2C’s 100% carbon-free line is an extraordinary breakthrough in the mercury mitigation sorbent business. Combined with the SEA™ product it offers utilities selling their fly ash a no-risk alternative to the “carbon based” sorbents of the competition. The sorbent product line has been developed and fully demonstrated in long-term field testing over a dozen utilities across North America over the past several years with tremendous results.

Patent Protection

  • 23 patents in U.S., Canada, China, Europe
    • Developed from ~ $60 million in government and private funding
      Commercially proven technology in 25 utility company funded demonstrations

    Patents developed by the Energy and Environmental Research Center (EERC)
    • Internationally recognized center for mercury control
      • 300 engineers and scientists
        More than 20 years of field testing and field testing

  • Exclusive, ongoing rights to EERC mercury control patents
    • Patent protection runs through 2025+
      Highly defensible portfolio

 


Services

ME2C is unique in that it establishes, operates and maintains a service and warehouse facility near the customers’ facility to provide year-round, 24-hour support and service. ME2C experts continuously manage and monitor plant systems to ensure efficiency and performance.

ME2C Services

  • Emissions testing for mercury and other trace metals, ensuring compliance with regulatory limits.
    Optimal design of the injection scheme and appropriate equipment layout and installation.
    Optimization of SEA™ sorbent technologies for a customized low-cost plan for each unit.
    Access to industry-leading mercury experts and researchers at the EERC.
    Ongoing scientific support for combustion issues and questions related to trace metals, as operations and regulations change.

Field Analysis

In order to achieve the optimal capture rates, ME2C conducts all of its analysis in the field monitoring and adjusting as necessary vs. collecting samples for laboratory analysis.

ME2C field analysis uses a mobile laboratory trailer equipped with a Leeman cold-vapor atomic adsorption spectrophotometer and a DMA-80 analyzer (Milestone, Inc.), which allows for coal and ash mercury analysis in the field. This technique was recently validated as EPA Method 7473.

In addition to the equipment necessary to do mercury wet-chemistry sampling procedures, several different types of continuous mercury monitors (CMMs) are used:

  • PS Analytical
    Tekran
    OhioLumex
    Thermo

ME2C’s Solutions

Scrubber & SCR Combo

  • Utilized to achieve high SOX & NOx reduction
    Large, complex and capital intensive systems with extended plant disruptions
    Hundreds of millions of dollars for a medium EGU

Powdered Activated Carbon (PAC) or Brominated Activated Carbon (BAC)
Model 615 consists of a reusable housing and a replaceable cartridge, which must be replaced after each use or upon expiry of a 2-year shelf life. Over time, this results in recurring revenues and greater earnings predictability.

Future products

  • Most common technology currently being utilized for mercury reduction
    Effective at reduction levels of 70% or less with minimal material required
    Above 80% reduction levels, injection rates often have severe operational issues including rendering fly ash unsuitable for sale
    Costs can range from $5M to $20M per year at 80% to 90% removal

MEEC’s SEA™ Technology

  • Proprietary blend technology developed from University of South Dakota’s Energy and Environmental Research Center
    Allows for 90%+ mercury removal with, meeting or surpassing new emissions regulations
    Least balance of plant disruptions
    Allow for the ability to recover fly ash material
    Most economical, typically 40% less than BAC or PAC

 


Industry

On December 21, 2011 the U.S. Environmental Protection Agency (EPA) issued its Mercury and Air Toxics Standards (MATS) for power plants. The new rule is intended to reduce air emissions of heavy metals, including mercury (Hg), from all major U.S. power plants, which are the leading source of non-natural mercury emissions in the U.S. Existing power plants will have up to four years to comply with the new emission limits.

The new MATS rule applies to Electric Generating Units (EGUs) that are larger than 25 megawatts (MW) that burn coal or oil for the purpose of generating electricity for sale and distribution through the national electric grid to the public. They include investor-owned units, as well as units owned by the Federal government, municipalities, and cooperatives that provide electricity for commercial, industrial, and residential uses.

The final MATS identifies two subcategories of coal-fired EGUs, four subcategories of oil-fired EGUs and a subcategory for units that combust gasified coal or solid oil (integrated gasification combine cycle [IGCC] units) based on the design, utilization, and/or location of the various types of boilers at different power stations. The rule includes emission standards and/or other requirements for each subcategory. The rule sets nationwide emission limits and is estimated to reduce mercury emissions in coal-fired plants by about 90% overall.

While the ultimate costs for compliance in the U.S. is estimated to be in the $9.6 billion per year range, that will not likely be the case until EGUs must comply starting early 2015. These on-going annual operating costs increases also do not include the capital costs to install the equipment and have it ready to operate when the emission limits are required.

In the near term, ME2C believes that utilities will explore and conduct numerous demonstrations of various technologies to determine which will work best to achieve the required reductions to bring each individual unit under the maximum allowed emissions rate. There are several choices of pollution control technologies that might be employed to reduce mercury emissions, but they do not all work well for every plant designs or for all of the various types of coal. It is important to note that very few units in the U.S. today consistently limit mercury emissions to below the new maximum allowed rates. In addition, the EPA estimates that 40% of the coal units in the U.S. affected by the new MATS have no advanced pollution controls in operation.

The most common technology employed to reduce mercury emissions is the injection of powdered activated carbon (PAC) or brominated PAC (BAC) into the flue-gas of an EGU after the boiler itself, but in front of the Electro-Static Precipitation (ESP). Such injections have proven effective with many coals, especially at reduction levels of 70% or less. At required mercury reduction levels above 80%, these injection systems required substantial injection rates which often has severe operational issues including over-loading the ESP and rendering the fly ash unfit for sale to concrete companies, and at times even causing combustion concerns with the fly ash itself.

Timeline

The U.S. EPA publicly released its final rule (MATS) on December 21, 2011. Existing power plants will generally have up to 4 years if they need to comply with these standards (includes the 3 years provided by the Clean Air Act plus one extra year for extraordinary hardships), giving a final compliance date for most units of not later than early 2016.

Canada’s CWS for mercury emissions is under review, with most recent being October 11, 2006.

U.S. State Regulations

As of February 2011, there were more than a dozen states that have established more stringent emission limits, which were slated to take effect before the EPA’s limits.

 


MEEC Value Proposition

MEEC delivers MATS Compliance – every time, all the time.

  • Significantly more cost-effective than comps (50% in some cases).
    Delivers compliance across broad spectrum of fuel/system types.
    Maintains customers’ fly-ash revenue stream from the cement industry.
    Minimal cost/impact on plant operations to implement MEEC solution.

The Competition

  • Less efficient – requires more chemical product and higher costs.
    Corrosive properties in plant equipment – before and after boiler.
    Likely introducing new chemicals to ash ponds.
    Degradation of fly-ash will curtail sales to cement industry.

 


Market Opportunity

In April 2015, the final component of the Clean Air Act of 1990 – MATS (Mercury and Air Toxic Standard) - becomes effective, requiring that all U.S.-based coal- and oil-fired electric power plants generating 25MW and higher to reduce mercury emissions by approximately 90%.

Three of the four major air pollutants (NOX, SOX, and particulates) have already become regulated as part of the Clean Air Act of 1990.

Currently:

  • 31 U.S. states currently have NO removal requirements
    17 U.S. states currently employ reduction rules
    Canada currently requires 70% reductions

EPA estimates the MATS rule will apply to about 1,400 units in the U.S. (1,100 coal-fired plants and 300 oil-fired plants). The agency also estimates the cost to be $9.6 billion per year beginning in 2015 in the U.S. Canada, Europe, and China expected to be large opportunities for mercury removal as well.

 


Recurring Revenue Model

The U.S. utilities industry generates approximately $450 million in annual sales of fly-ash to the cement industry. MEEC’s patented SEA™ Technology, and proprietary sorbents, assures the continuation of these all-margin revenue streams.

While competing ‘carbon-based’ sorbents render fly-ash unusable at MATS compliance volume levels, MEEC’s technology preserves fly-ash for sale.

The company’s ongoing supply of proprietary SEATM Material and Sorbent Material provides recurring revenue and multi-year contracts.

 


Management Team

http://www.midwestemissions.com/about-us/leadership-team/

 


Midwest Energy Emissions Corp.
500 West Wilson Bridge Rd., Suite 140
Worthington, Ohio 43085
Phone: (614) 505-6115
www.MidWestEmissions.com
Info@MidWestEmissions.com

 

 

 

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MEEC News: Amended Statement of Beneficial Ownership (sc 13d/a) 12/05/2016 04:52:28 PM
MEEC News: Current Report Filing (8-k) 12/02/2016 04:31:48 PM
MEEC News: Statement of Changes in Beneficial Ownership (4) 12/02/2016 04:23:06 PM
MEEC News: Statement of Changes in Beneficial Ownership (4) 11/22/2016 04:20:14 PM
MEEC News: Small Company Offering and Sale of Securities Without Registration (d) 11/22/2016 10:22:46 AM
PostSubject
#955   $MEEC holding up well! subslover 11/21/16 02:06:53 PM
#954   At least this is a real company. stansmith 11/20/16 09:40:41 AM
#953   I have to agree with you! I played subslover 11/16/16 01:39:38 PM
#952   Probably not a good short term play. stansmith 11/16/16 01:28:50 PM
#951   Yes but this PP @ $1.20 has me subslover 11/16/16 01:16:59 PM
#950   Exciting news. stansmith 11/16/16 01:12:19 PM
#949   Midwest Energy Emissions Corp. Announces $13.5 Million Private subslover 11/16/16 01:03:23 PM
#948   Midwest Energy Emissions Corp. Reports Record Q3 2016 subslover 11/16/16 12:58:46 PM
#946   I keep thinking the stock will tank any stansmith 09/15/16 10:17:03 AM
#945   MEEC bullish 1.20 stocktrademan 07/27/16 10:01:43 AM
#944   weekly trend target hit today. TrendTrade2016 07/12/16 02:30:56 PM
#943   WOW! stansmith 07/08/16 10:04:46 AM
#942   It will be interesting to see what kind stansmith 07/02/16 09:13:12 PM
#941   weekly trend in tack..watch for test of 1.20 TrendTrade2016 07/02/16 03:06:21 PM
#940   Someone is talking about this stock somewhere, just DShoe 06/30/16 12:24:01 PM
#939   nice uptick in price over the past few days stansmith 06/29/16 04:32:26 PM
#938   Let it stay quiet if it keeps moving DShoe 06/17/16 04:02:35 PM
#937   I'm suprised at the lack of chatter here. stansmith 05/29/16 09:15:38 AM
#936   Sure is quiet out there DShoe 05/26/16 03:16:01 PM
#935   No news or a press release since end risingup58 01/27/16 11:16:01 AM
#934   Sounds like China could be in need for $MEEC... risingup58 12/08/15 03:25:34 PM
#933   Quarterly report (10Q) should be out next few days. risingup58 11/09/15 01:12:17 PM
#932   Midwest Energy Emissions Corp (OTCMKTS:MEEC) Director Brian Lee risingup58 10/08/15 10:47:33 PM
#931   Company says share price target is $1.00 utilizing risingup58 10/08/15 10:39:55 PM
#930   MEEC: Midwest Energy Emissions update confirms installations continue risingup58 10/08/15 10:26:42 PM
#929   China jumping onboard with United States. risingup58 09/25/15 10:35:32 PM
#928   Some big seller on the ask 67,000 shares risingup58 09/22/15 12:17:39 PM
#927   NEWS:Midwest Energy Emissions Corp. Provides Business Update; August risingup58 09/22/15 12:08:48 PM
#926   09-10-2015 Alterna Core Capital Assets Fund Ii Just risingup58 09/21/15 09:00:33 PM
#925   Sylvester Marcus A. Vice President of Sales Stock risingup58 09/20/15 10:31:11 PM
#924   Midwest Energy Emissions Corp. Earnings Q2, 2015 risingup58 09/04/15 11:00:23 AM
#923   With financials showing $MEEC in a gross profit risingup58 09/01/15 09:17:13 AM
#922   In a down market there will be a marcoPolos 08/21/15 07:20:36 PM
#921   Last 3 paragraphs is a good projection of risingup58 08/20/15 12:43:45 PM
#920   MEEC: Midwest Energy Emissions reports 2Q results – risingup58 08/20/15 12:37:20 PM
#919   Midwest Energy Emissions Corp. Reports 2015 Second Quarter risingup58 08/20/15 12:25:37 PM
#918   Good observation on MEEC. Looks like you marcoPolos 08/19/15 09:42:24 PM
#917   Looks like a gapper filled today from back risingup58 08/18/15 10:33:10 PM
#916   Huge growth taking place despite losses. Silly marcoPolos 08/18/15 10:22:06 AM
#915   Slow leak of Q2 results?, MEEC will move marcoPolos 08/14/15 03:16:24 PM
#914   Should be again business as usual for $MEEC. risingup58 08/13/15 11:48:20 AM
#913   EPA plans to fix MATS rule by spring risingup58 08/13/15 11:45:30 AM
#912   EPA moves to fix air pollution rule after risingup58 08/13/15 11:32:11 AM
#911   I agree this has been a nice recovery. risingup58 08/11/15 11:27:41 PM
#910   Good buy going into news this week on marcoPolos 08/11/15 10:11:00 PM
#909   Excited to hear 2q reports, people should be marcoPolos 08/11/15 10:54:08 AM
#908   News Out...Midwest Energy Emissions Corp. Provides Business Update risingup58 08/04/15 10:57:13 AM
#907   Federal appeals court upholds EPA's downwind pollution rule; risingup58 07/31/15 09:34:37 PM
#906   Excellent point of view. Most impressive move back subslover 07/17/15 12:32:15 PM
#905   Should be no Surprise here on MEEC!!! Expected marcoPolos 07/16/15 01:50:40 PM
PostSubject