Sunday, May 28, 2017 1:27:11 AM
That is not true until a pilot plant is built and fails to work as designed and shows an unfixable design flaw.
The 10,000 hour life test on the Syn gas product catalyst was only recently completed, weeks ago? Not 10 years ago!!!!! That successful completion is not a demonstration that the technology is not commercially viable, it is the opposite so far, it continues to show it can be commercialy viable!!!!
Will industry adopt and fund the technology is the question at hand now. And Alstom's deal with MVTG in 2013 proved that a billion dollar juggernaut can be sold on the MVTG ERC technology!!!!! So, that question has also been settled.
Therefore, the only question is when will the MVTG CEO close a funding deal to pay for the pilot plant!!! He had already had one deal funded with Alstom till GE stepped in and muddied the water buying Alstom and so far has not funded the ERC. That is not stopping MVTG from seeking other sources like the Confirmed CMC-CCCI grant applications in Canada to Canada's just announced new 1.4 Billion fund to fund just such new technology.
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