Mr. Slawek Smulewicz reports
POLISH UTILITY COLLABORATES WITH MICROCOAL TO UPGRADE THEIR POWER PLANTS
A joint committee has been established between Mircocoal Technologies Inc.'s wholly
owned subsidiary, Mircocoal International Inc. (MCII), and a major
European Union coal-fired utility. The purpose of this special committee
is to prepare and evaluate a comprehensive proposal for the
implementation of a Mircocoal clean coal upgrading facility for its coal-fired power plants in Poland. The parties are developing a mutually
agreed upon schedule of events and foresee delivery of a bulk shipment
of Polish coal in October for testing at its facility in Denver,
Colo.
While production and use of coal plummets in America, in Europe "we have
some kind of golden age of coal," says Anne-Sophie Corbeau of the
International Energy Agency. The amount of electricity generated from
coal is rising at annualised rates of as much as 50 per cent in some European
countries. Since coal is by far the most polluting source of
electricity, with more greenhouse gas produced per kilowatt-hour than
any other fossil fuel, this is contradictory to European environmental
aspirations. Burning low-grade coal has historically been a cheaper
means of producing energy but it provides an enormous challenge for any
government attempting to maintain economic growth and comply with the
highly restrictive EU gas emission targets. By utilizing the company's
proprietary microwave coal drying technology a utility can benefit both
through increased factory efficiencies and corresponding net
environmental improvements. For example, various sources, including
DOE's National Energy Technology Laboratory (NETL), the American Coal
Council (ACC (1)), EPRI (2) and others, state that a 2-per-cent
reduction in moisture will reduce CO2 emissions by 1 per cent. Further, a
substantial reduction in sulphur and mercury emission can be obtained by
removing these contaminants using the Mircocoal technology.
Slawek Smulewicz, chief executive officer and director of the company, states: "Our
collaboration with a major utility in the EU is a validation of the
Mircocoal technology as part of a global energy solution that improves
the thermal output of coal and reduces the pollution it generates. We
are delighted with our new partnership in Poland for Mircocoal
technology to optimize the performance of their coal plants. Poland is
one of the largest consumers of low-rank coal. We are excited to see the
global commercial roll-out for this environmentally important and
cost-effective technology."
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Precombustion clean coal, October, 2008;
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Coal Creek prototype fluidized bed coal dryer, February, 2007.
We seek Safe Harbor.
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