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Midwest Energy Emissions Corp. (MEEC)

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Last Post: 8/21/2017 8:24:05 PM - Followers: 28 - 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: Quarterly Report (10-q) 11/20/2017 04:39:03 PM
MEEC News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 11/14/2017 05:20:16 PM
MEEC News: Current Report Filing (8-k) 09/14/2017 05:18:16 PM
MEEC News: Statement of Changes in Beneficial Ownership (4) 08/29/2017 11:08:12 AM
MEEC News: Statement of Changes in Beneficial Ownership (4) 08/29/2017 10:56:11 AM
PostSubject
#999   http://public.viavid.com/player/index.php?id=125759 Profitable in Q2, growth in marcoPolos 08/21/17 08:24:05 PM
#998   Agreed. This isn't some stinky pinky, just stansmith 06/08/17 11:28:07 AM
#997   What a bargain this little stock has become...jumped marcoPolos 06/08/17 10:46:34 AM
#996   Getting hammered stansmith 06/06/17 11:38:19 AM
#995   I was thinking more about the patent situation. stansmith 05/26/17 12:03:51 PM
#994   Stan,your opinion is worth alot! You know much subslover 05/25/17 10:08:45 PM
#993   I don't think you will get anymore information stansmith 05/25/17 07:04:47 PM
#992   They don't need to raise $$ now but subslover 05/25/17 06:52:38 PM
#991   I don't think they need to raise any stansmith 05/25/17 06:24:19 PM
#990   I dunno. Raising $$$$ in a unwanted environmental subslover 05/25/17 01:55:40 PM
#989   I guess it's always a good idea to stansmith 05/25/17 01:23:55 PM
#988   They must feel confident about their future spending subslover 05/25/17 12:41:26 PM
#987   I saw that on level2. That .69 is subslover 05/19/17 06:10:34 PM
#986   Looks thin to .69 $MEEC Rogue Dead Guy 05/18/17 02:13:12 PM
#985   Tightened up slightly today. Keeping the faith :)) subslover 05/17/17 04:10:21 PM
#984   trading activity a lot slower today. I stansmith 05/17/17 10:42:16 AM
#983   Agreed. Either way I think the stock stansmith 05/17/17 07:21:37 AM
#982   Stan, I totally agree. I also have a subslover 05/16/17 11:58:16 PM
#981   Good buying opportunity I think. stansmith 05/16/17 05:41:09 PM
#980   Here is the reason we got pounded subslover 05/16/17 02:09:21 PM
#979   yeah im not quite sure what the selling stansmith 05/16/17 02:02:04 PM
#978   Took 15k shares @ .42 on panic selling. subslover 05/16/17 01:58:03 PM
#977   Midwest Energy Emissions Corp. Reports Record First Quarter subslover 05/16/17 09:53:28 AM
#976   If business is on par with 2016 I stansmith 05/10/17 11:17:18 AM
#975   Missed that,thanks for pointing that out. I just subslover 05/10/17 10:48:13 AM
#974   There goes 2.5m of cash Current Report Filing (8-k)Source: Edgar stansmith 05/10/17 10:30:33 AM
#973   As of dec 31st we have 7.7 mil subslover 05/10/17 12:32:48 AM
#972   I'm over a buck as well. I stansmith 05/09/17 09:56:28 PM
#971   Hi Stan. Yes average still over $1.00 even subslover 05/07/17 10:57:17 AM
#970   Is your average over a dollar? If stansmith 05/07/17 09:47:46 AM
#969   I think your correct. The problem is market subslover 05/04/17 03:59:04 PM
#968   Even if he repeals MATS it doesn't mean stansmith 05/04/17 06:21:21 AM
#967   So now I see that he is totally subslover 05/04/17 12:47:44 AM
#966   Mercury and Air Toxics Standards (MATS) stansmith 05/03/17 01:24:29 PM
#965   MATS? What is that? tia subslover 05/03/17 01:14:55 PM
#964   Possibly. Could also be personality conflicts. stansmith 05/03/17 12:49:41 PM
#963   As per the PROXY they are gonna move subslover 05/03/17 12:39:02 PM
#962   I saw the 8K. Do you think stansmith 05/03/17 12:26:08 PM
#961   Item 5.02 Departure of Directors or subslover 05/03/17 12:15:16 PM
#960   yep i think i would wait to see stansmith 05/03/17 11:51:23 AM
#959   Soon 50 cents. willlbone 05/03/17 11:45:52 AM
#958   $MEEC 0.90 LOADING ZONE subslover 04/24/17 10:11:46 AM
#957   Midwest Energy Emissions Corp. Announces Preliminary Q1 2017 subslover 04/19/17 10:43:55 AM
#956   Stock price getting hammered lately stansmith 02/08/17 12:35:36 PM
#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
PostSubject