Midwest Energy Emissions is a green tech company that provides patented mercury emissions reduction technology for coal and oil-fired power plants in Canada and the United States. Backed by a strong patent licensing portfolio of more than 23 patents and a growing reputation for efficient and effective solutions, Midwest Energy has carved a strong and leading position in the mercury emissions market.
There are more than 19,000 individual generators at nearly 7,000 operational power plants in the United States, reports the U.S. Environmental Information Agency. And according to the Environmental Protection Agency, there are about 1,400 coal and coal-fired electric generating units (EGUs) that belch harmful air pollutants such as mercury, acid gases, and toxic metals and chemicals. Coal and oil-fired EGUS emit many of the 187 hazardous air pollutants listed in the 1990 Clean Air Act.
Thanks to the EPA's Mercury and Air Toxics Standards (MATS) mandate, by April 2015, EUGs that generate more than 25MW comply with regulations to cut mercury emissions by 90 percent. And here's where Midwest Energy's Sorbent Enhancing Additive (NYSEARCA:SEA) technology comes into play.
Sorbents absorb liquids or gases. Leveraging this absorption capability, Midwest Energy's SEA technology has demonstrated its ability to exceed MATS capture requirements at a lower cost than other technology on the market.
Midwest Energy recently said it received firm commitments for a fleet of nine generating units from a major U.S. power producer for multi-year, mercury pollution control. The company said it expects revenues from this single relationship to approximately $30 million per year by 2016, with initial revenues beginning in 2014. The commitment signifies Midwest Emission's reputation as a reputable and capable provider of mercury emission reduction technology.
With the deadline for MATS compliance on the horizon, Midwest Energy is well-positioned in emerging mercury pollution control market with its high-potential, proprietary technology.
For more information, visit midwestemissions.com
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