Solucorp Installs Mercury Emission Control Technology Test System in Working Coal Fired Energy Plant; Project Moves from Design Phase to Implementation
Solucorp Industries, Ltd. (OTC:SLUP) announced that the installation process is underway for the mercury emission control test system it designed and configured for the working coal-fired power plant of a major U.S. utility company. As previously announced, Solucorp has an agreement with this publicly traded, global power generation company to integrate, for the first time, Solucorp's Integrated Fixation System (IFS) Mercury Emission Control technology into one of its coal-fired power plants. Solucorp's IFS technology is designed to reduce coal-fired mercury emissions below federal mandated regulations. IFS also remediates the fly-ash residue generated by these furnaces.
The completed test system design is the result of the efforts of a team comprised of the power plant engineers, energy consultants and Solucorp scientists. The installation is expected to be completed within six weeks. The results of the three-week test will be compiled and reported before the end of 2006. Under the terms of the Agreement, the coal-fired utility was not identified.
Richard A. Runco, President of Solucorp Industries, Ltd., said, "This first-of-its-kind solution can save the coal burning industry hundreds of millions of dollars in failing emission control costs. Congress, the Environmental Protection Agency (EPA), the Department of Energy (DOE), as well as power plants have often expressed a belief that there is currently no solution to the coal burning/mercury dilemma. Solucorp contends that its IFS technology is in fact a viable, cost-effective solution. The company's confidence stems from a Computational Fluid Dynamics (CFD) modeling report indicating that the IFS technology is capable of dispersing within the flue gas stream, allowing the technology to make contact with both ionic and elemental mercury. We believe that successful test results will conclusively establish our technology as a viable, cost-effective solution."
Noel E. Spindler, President of Integrated Fixation System, added, "Our goal is to showcase the first coal burning power plant to emit fewer environmental pollutants than found with existing plants and technologies. Our solution will greatly reduce the industry's need to expand oil burning power facilities to replace coal facilities, an action being considered by certain states, as reported by the Boston Globe, October 22, 2005."
The domestic coal burning power plant industry consists of approximately 1,300 coal-fueled power plants supplying 50% of the electrical power plant energy requirements. According to the NY Times, March 1, 2006, there are also 17,000 factories, refineries and chemical plants that emit millions of tons of pollutants into the air.
Coal is plentiful but polluting, and an energy hungry world anxiously awaits a solution to clean the mercury-filled emissions generated by this fossil fuel. The negative impact of closing coal burning power plants would have a catastrophic effect on our energy supply and our way of life, and would further increase our dependence on foreign oil. U.S. power plants' annual spending will exceed $40 billion by 2010 in an effort to eliminate environmental hazards, which include mercury emissions. (Energy Information Administration, DOE data).
Solucorp has begun negotiations with several regionalized toll-processing facilities to manufacture its IFS Mercury Emission Control product. The company has already begun to market this technology to its current client base, distributors, representatives and joint venture partners in Italy and China.
