Dominovas Energy Corp. (DNRG) Offers an Ideal Dist
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According to a report out in September this year published by MarketsandMarkets, the global fuel cell industry is on-track to hit upwards of $5.2B over the next five years, with unit shipments expected to climb roughly 244%. These extremely efficient and low-to-no environmental impact fuel cell systems are essentially micro reactors, utilizing a variety of core processes for energy generation:
• Proton exchange membrane fuel cells (PEM) use a semi-permeable membrane that conducts protons and blocks gasses like oxygen and hydrogen
• Molten carbonate fuel cells (MCFC) use high-temperatures and electrolytes, and are currently being developed primarily for standalone natural gas, biogas and coal-based utility-scale applications
• Solid oxide fuel cells (SOFC) use electrochemical conversion to produce electricity directly from oxidizing a given fuel type
Navigant Research paints an even brighter picture of the global fuel cell sector’s growth, with stationary fuel cell revenue seen as climbing from just $1.4B last year, to around $40B by 2022. Fuel Cell Today’s 2013 industry review shows fuel cell shipments grew 86% from 2011 to 2012, with the stationary category leading the pack on a record-setting 166.7 MW shipped during 2012. Stationary fuel cells were up 53% over the same interval to around 125 MW, with portable power generation systems nearly tripling (up 174%), as Asia continued to lead the sector overall, with approximately 61% of global consumption.
This is a relatively young but thriving space and fuel cells for grid-scale power are increasingly seen as a disruptive technology in an energy generation industry dominated by large utilities. The fuel cell production sector is still characterized by being populated with a small number of companies and just 20 key fuel cell players made up over 95% of all sector revenue at the end of last year, with notable examples being companies like Hydrogenics (NASDAQ:HYGS), Plug Power (NASDAQ LUG), Ballard (NASDAQ:BLDP), and FuelCell Energy (NASDAQ:FCEL).
One of the more interesting up-and-comers in the space today is Dominovas Energy (OTC NRG), whose patented RUBICON™ series SOFC (solid oxide fuel cell) technology has a variety of distinctive features, like 50% plus fuel-to-electricity efficiency, reduced emissions, silent operation, and being ideal for distributed 100kW to multi-megawatt power array applications. The company’s cost-effective, technologically advanced and clean design isn’t just suited to a variety of standalone, multi-array and mega-watt distributed solutions, though; it is also highly fuel flexible with the ability to substantially reform a country’s existing resources. From diesel and biodiesel, to natural gas and syngas, RUBICON™ is a fuel flexible powerhouse that can even be easily integrated into fossil fuel-powered megawatt plants to improve the efficiency of their fuel stock utilization, while also sharply reducing overall emissions.
Moreover, the company’s approach to energy generation itself is similarly visionary, thanks in large part to the leadership of SOFC expert Shamiul Islam, PhD., who is DNRG’s EVP of their Fuel Cell Operations division and who has long been an advocate for the viability of SOFC platform solutions as a transformative force in the world of multi-megawatt scale generation. The company’s Distributed Energy Power System (DEPS) concept revolves around strategic deployment of modular SOFC solutions that are geographically, regionally and per-industry targeted, and which range from 100kW mobile systems to 200MW power plant implementations. This distributed approach, where dedicated RUBICON™ stations are developed in immediate proximity to manufacturing and plant facilities, as well as corporate offices, not only reduces the problem arising from overloaded electrical transmission systems, where over 40% degradation and loss is currently seen in over-capacity grids around the world, it vastly improves energy reliability. Scalable power generation when and where it is needed has long been the brass ring of the utility-scale world and fuel cell technology like RUBICON™ holds the key to making this dream a reality.
Another major benefit to DNRG’s RUBICON™ fuel cell systems are the built-in suite of remote monitoring capabilities, executed using proprietary and patented software owned by Dominovas to deliver true “5G”, or 5th generation wireless communications, optimizing the most useful aspects of both WiMax and WiFi. This highly customized remote monitoring capability is essential to the DEPS approach and each system is also anchored in an advanced OFDM array (orthogonal frequency-division multiplexing), resulting in a guaranteed minimum of 40 mbps throughput, and up to 140 mbps raw given specific enhancements.
With established strategic partnerships in manufacturing, supply chain management and deployment, the company’s recent MOU with Delphi Automotive PLC’s primary subsidiary to jointly develop SOFC-based electrical power generation equipment puts the company in an even more stable position to commercialize fuel cells on the multi-megawatt scale. The deal with Delphi will also handle adaptation and incorporation of Delphi’s own SOFC stack fuel cell technology, no doubt leading to an impressive stationary power application and the cooperative effort itself will help to further validate DNRG’s SOFC supply chain and manufacturing capabilities.
For more information on Dominovas Energy, visit: www.dominovasenergy.com
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