UEEC TARGETS THE US MARKET: WASTE-TO-ENERGY POWER PLANTS
United Environmental Energy Corporation ("UEEC" or the "company") (OTC: UTEV) has started business development activities for the United States, where there is an urgent need to eliminate waste, decontaminate landfill sites and find a solution for electricity shortages.
Since 2001, the US has spent around $10 billion in research to develop cleaner and more cost-efficient alternative energy sources. In an effort to achieve these goals, the President of the United States signed the Energy Policy Act of 2005. This legislation outlines the following objectives:
- reducing US's dependence on foreign sources of energy;
- increasing conservation;
- strenghtening the United States' electrical infrastructure;
- expanding the use of clean and renewable energy.
The gasification technology used in UEEC's waste-to-energy power plants is directly aligned with these mid and long term objectives.
The technology is linked with combined cycle turbines associated with a co-generation system (gas turbine\recuperator\steam turbine with counter pressure)that recovers 80% to 90% of the synthetic biogas' energy potential. This synthetic biogaz is used in the process as a fuel that generates electricity and steam. "When linked with modern combined cycle turbines, gasification is one of the most efficient, environmentally effective means of producing electricity from solid or liquid feedstocks" - Gasification Technologies Council.
WASTE MANAGEMENT ISSUE
Waste management is an issue that requires immediate intervention from authorities as there is a pressing need to eliminate waste and decontaminate landfills sites in order to reduce greenhouse-gas emissions, the principal cause of climate change. Currently, in the US, more than 50% of waste is disposed of in landfill sites while approximately a third is either recycled, recovered or composted. US authorities are now turning to prevention and recycling as methods of waste management on the premiss that these methods reduce the need for lanfilling and incineration, decrease emission of greenhouse-gas that contribute to global climate change, preserve natural resources and help sustain the environment for futur generations. Not only does UEEC's waste-to-energy power plants offer the same benefits a these methods, they also eliminate waste while electricity and steam are produced in the process. This waste-to-energy power plant eliminates the need to incinerate waste and dispose of waste in landfill sites, contributing therefore to the reduction of greenhouse-gas emissions.
UNITED ENVIRONMENTAL ENERGY CORP.
The nature of UEEC's business is to commercialize environmentally-friendly technologies. Its main objective is to provide ecological solutions that will increase the quality of life of people and will contribute to the de-pollution of the environment. In light of its commitment to a pollution-free environment, UEEC's philosophy of business is to be a significant force of change in the de-pollution of our planet.
SAFE HARBOR STATEMENT
The preceeding includes forward-looking statements which involve known and unknown risks and uncertainties which may cause the company's actual results in future periods to differ materially from forecasted results. Any forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business.
United Environmental Energy Corp.
Nathaly Demers - CEO
SOURCE: United Environmental Energy Corp.