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  • Midwest Energy Emissions Corp. (MEEC) Offers Cost-Effective Alternative For Mercury Capturing And Control To Standard Industry Measures 0 comments
    Nov 13, 2013 5:57 PM | about stocks: MEEC

    With the EPA pushing for compliance with its new regulation stemming from the Clean Air Act of 1990, many U.S. utilities are rushing to find economical, reductive mercury emissions solutions. The new regulation, the Mercury and Air Toxic Standard (MATS), obligates U.S. utility compliance by a deadline of April 2015. Specifically, it requires all U.S.-based coal and oil-fired electric power plants generating 25 mega-watts and higher to reduce their mercury emissions by approximately 90%.

    The EPA estimates the MATS rule will apply to around 1,400 units around the United States, constituting 1,100 coal-fired plants and 300 oil-fired plants at 600 power stations. It is intended to reduce the air emissions of heavy metals, including mercury, from all major U.S. power plants. These plants are the chief source of non-natural mercury emissions in the United States. Beginning in 2015, the EPA estimates the total annual cost of compliance to be around $10 billion in the United States.

    As of September 2013, 31 U.S. states had no removal requirements while 17 had some form of reduction rules. Very few units in the U.S. today consistently limit their mercury emissions at or below the newly required rates. The MATS implementation is therefore exhibiting a strongly felt nationwide impact.

    Ohio-based Midwest Energy Emissions Corp. fills this gap by developing and delivering proprietary technologies that capture mercury emissions at levels required by MATS or higher. The company offers utility customers a cost-effective but reliable way of meeting emissions requirements without the expensive costs of additional equipment or overtly disrupted business operations.

    Midwest Energy's solution is called Sorbent Enhancing Additive Technology (SEA™ Technology). Injected in boilers in small amounts, this product line works with proprietary sorbets to optimize mercury capture. It is specifically tailored for each application, customized to the customer's fuel type and oil configuration for the best results. It also substantially reduces the impact of mercury capture on balance-of-plant systems and operations.

    The other two solutions are more variable in their performance or cost-effectiveness than Midwest Energy's SEA™ Technology. Called the Powdered Activated Carbon (NYSE:PAC) and the Brominated Activated Carbon (NYSE:BAC) respectively, these two options are the most common technologies used for mercury emission. They are proven methods of mercury reduction at levels of 70% or less, with minimal inputs. However, above 80% reduction levels their injection into boilers to reduce mercury can result in severe operational outcomes. That includes the production of fly ash that is ill-suited for market sale.

    Costs for BAC and PAC can range from $5 million to $20 million per year if they are driven to 80% to 90% mercury removal levels. Alternatively, SEA™ Technology reduces mercury emissions by 90% or more, with typically around 40% less costs than BAC or PAC. Midwest Energy's technology also produces the least plant operations disruption of the three, and it produces marketable fly ash, which encompasses a market size of $450 million in the United States.

    In addition to the domestic market, Midwest Energy is also investigating its product line's market potential in Canada, Europe, and China. These are expected to excellent market opportunities for effective mercury removal technologies in the future.

    For more information, visit: midwestemissions.com

    QualityStocks provides investor relations services to publicly traded companies in exchange for compensation. This article may be part of our efforts to widen a client's exposure. To read our full disclaimer, visit http://disclaimer.qualitystocks.net

    Stocks: MEEC
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