InvestorsHub Logo
Followers 15
Posts 1541
Boards Moderated 0
Alias Born 03/27/2007

Re: Zunobira post# 452

Tuesday, 11/29/2011 1:35:57 PM

Tuesday, November 29, 2011 1:35:57 PM

Post# of 592
New Generation Biofuels converts Baltimore city buildings to clean energy

New Generation Biofuels has landed a one-year, $1.3-million contract to heat three Baltimore City buildings. Successful completion of the biofuels trial – in two phases – could propel the fledgling Columbia-based company into a much larger venture: a city-wide plan to heat public buildings with clean energy.

During the first phase, New Generation Biofuels heated the Pimlico Fire and Police Training Facility and Eastern Health Center for six months. During the second phase, New Generation Biofuels will continue to heat the two facilities as well as the Back River Wastewater Treatment Plant to determine the biofuel’s performance over the course of a full year.

New Generation Biofuels

“We have to make sure we can demonstrate to the marketplace that although we can do these test burns that our fuel operates efficiently over a longer period of time. That’s one of the reasons this long-term test burn with the city is so critical to us,” said Bryan McPhee, a spokesman for New Generation Biofuels. “That becomes our calling card. That is going to give us the information that we need to provide to others in the industry. We’re a fairly new technology but we will be able to show the results we are able to achieve in the long term. As we develop that deck of information, then we will grow our customer base.”

New Generation Biofuels’ product, which is made from new and recycled plant oils and animal fats, is revenue-neutral for consumers, McPhee said. The company, he explained, sets its price to be competitive with ultra-low sulfur diesel, a product that Baltimore City had already begun using in some facilities.

Less than five years old, New Generation Biofuels currently employs 12 people and can produce up to 5 million gallons of biofuel annually at its plant in South Baltimore. The company has also partnered with the Baltimore City Public School System to run biofuel trials at two schools: Franklin Square Elementary and Woodhome Elementary.

City officials, McPhee said, may consider converting public buildings throughout the jurisdiction to biofuels if the upcoming, year-long trial at Pimlico, Back River and Eastern Health succeeds.

http://www.mdcleanenergy.org/news_and_events/archive/thecurrent-january2011#9

Yes, the "Year-long"(Phase l & ll) trial has been going on "behind the scenes" and the RESULTS! should be PR'ed sometime SOON!

Have been adding here and there.. trial SUCCESS! w/ additional Baltimore sites added= pps KABOOM!

GLTA!!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.