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    • Sun Jul 6th 08:52 AM | Rating: 0 0
      Commented on:
      Alter NRG Could Benefit from Anti-Coal Trend
      There is a new joint venture at Waltz Mill between Westinghouse Plasma & Coskata - the company General Motors is backing. www.pittsburghlive.com...

      www.cnxmarketlink.com/...
      Alter NRG to Support Coskata Inc.'s Commercial Demonstration Facility for Ethanol Production in Madison, Pennsylvania Co-located at Westinghouse Plasma Corp facility, the plant will utilize Alter NRG gasifier in production of 40,000 gallons of cellulosic ethanol per year
      CALGARY, April 25 /CNW/ - Alter NRG Corp. (Alter NRG or the Company), the owner of Westinghouse Plasma Corp. (WPC), is pleased to announce that the existing WPC plasma gasification pilot facility has been chosen as the site for a cellulosic ethanol commercial demonstration project using Coskata Inc.'s
      (Coskata) proprietary synthesis gas (syngas) to ethanol conversion technology. Coskata, a developer of next generation biofuels, is expected to begin construction in Q3 of 2008 on a 40,000 gallon-per-year cellulosic ethanol plant located at the WPC gasification facility in Madison, Pennsylvania. The commercial demonstration facility costs, which are expected to be $25 million, will be borne by Coskata. Alter NRG will convert biomass and waste material in its existing gasification reactor to provide syngas, a key component of Coskata's ethanol conversion process. This commercial demonstration will increase the utilization rate of the WPC gasification facility and is anticipated to provide approximately $2.5 million in revenue to the Company during 2009. On January 13, 2008 General Motors and Coskata announced a partnership which, they believe, "affordably and efficiently makes ethanol from practically any renewable source, including garbage, old tires and plant waste. According to Argonne National Laboratory, which analyzed Coskata's process, for every unit of energy used, it generated up to 7.7 times the amount of energy, and it reduces CO(2) emissions by up to 84 percent compared with a well-to-wheel analysis of gasoline." The Chairman and CEO of General Motors Rick Wagoner said in the January 13, 2008 release "We are very excited about what this breakthrough will mean to the viability of biofuels and, more importantly, to our ability to reduce dependence on petroleum." The plant is expected to deliver ethanol in early 2009, and Coskata partner General Motors will use the next generation ethanol, produced at the demonstration facility, at their Milford Proving Grounds to run in their E85 capable fleet of vehicles. "Our partnership with Alter NRG will allow us to showcase the commercial viability of our process in less than a year," said Bill Roe, president and CEO of Coskata. "Working with their experts in plasma gasification technology and with the use of the company's existing gasifier, we will demonstrate that Coskata's process technology is able to produce ethanol from non-food based sources for under $1 per gallon." Coskata leverages proprietary microorganisms and efficient bioreactor designs in a unique three-step conversion process that can turn virtually any carbon-based feedstock into ethanol. Coskata's biological fermentation technology is ethanol-specific and enzyme independent, contributing to high energy conversion rates and ethanol yields. Additionally, the process requires no additional chemicals or pre-treatments, serving to streamline operational costs. "We are pleased to collaborate with Coskata on their commercial demonstration plant" said Mark Montemurro, President and Chief Executive Officer of Alter NRG. "We view Coskata's efficient process as a perfect complement to our environmentally responsible gasification technology. Producing energy with renewable feedstocks is increasingly crucial and Coskata is prepared to make next generation ethanol a reality."
      /For further information: Mark Montemurro, President and Chief Executive Officer - Alter NRG, (403) 806-3877, Mmontemurro@alterNRG.c... Daniel Hay, Chief Financial Officer - Alter NRG, (403) 806-3881, Dhay@alterNRG.ca; Matthew Hargarten, Dig Communications for Coskata, Inc., (312) 377-4136, coskata@digcommunicati...


      more on coskata -
      www.popularmechanics.c...
      View article »
    • Thu Feb 28th 15:02 PM | Rating: 0 0
      Commented on:
      Time for Nuclear Energy and Uranium Stocks to Shine?
      Is the Japanese company included - Toshiba - owns the old Westinghouse splintered segment (once a great company developed mainly by hard-working Western PA people until their idiot "leaders" lost their shirts in real estate). Also does NLR include the Germany company -name? with pebble bed nuke plants to be run by the CHICOMS?
      View article »
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