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Monday, August 01, 2011 11:51:38 AM
Note that they finally told us then that the hydrogen generator converts methanol into hydrogen. I suspect it is a catalytic process. Also note that the TTEG engine can run very efficiently on hydrogen (or so we were told in old, prior PRS). What I would like to know is how and why it produced these savings. (A little thermodynamic data energy balance data would be real nice Mr TTEG!!!)
Turbine Truck Engines, Inc. (TTE) (OTCBB: TTEG), is pleased to announce that our company has become the Exclusive Agent in North America for the Hydrogen Energy Production System (HEPS), an efficient methanol to hydrogen production technology of Hydrogen Union Energy Co., Ltd. Taiwan (HUE).
The HEPS is a low-pressure production system which enables users to produce hydrogen on site, thus eliminating storage safety issues normally associated with hydrogen power applications. The applications for the HEPS technology include but are not limited to, home heating and cooking, outdoor heating, incinerators, boilers, industrial furnaces, and turbine applications.
The HEPS reduces fuel costs and is environment friendly. Early tests of the system showed a 47% fuel cost reduction when compared to diesel and a 57% reduction when compared to liquid propane. Since the hydrogen is produced on-site, transportation costs are virtually eliminated. This System, a green technology, also contributes greatly to preserving our environment due to the fact that the emissions from hydrogen are safer than those of diesel, propane or other fuels. It will help to reduce the carbon footprints that industry leaves on the earth.
TTEG filed an 8K detailing the agreement on June 20th, 2011. TTE previously had a similar agreement with Falcon Power Co. Ltd. This agreement was terminated by mutual consent as HUE now has the exclusive rights to manufacture, market, and distribute the HEPS technology.
Michael Rouse, TTE President and CEO, stated, "We are very excited about our rapidly developing relationship with HUE, and I believe that their technology will play an important role in reshaping the way the world produces power."
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