In April 2015, the final component of the Clean Ai
Post# of 29735
(Mercury and Air Toxic Standard)–becomes effective, requiring that all
U.S.-based coal- and oil-fired electric power plants generating 25MW
and higher to reduce mercury emissions by approximately 90%.
MEEC is ready for this huge market opportunity, just look at these highlights:
- Commercially Proven, Patented, Proprietary SEA™ Technology.
- 23 Patents protected until 2025 in U.S., Europe, Canada, China.
- Fully tested over many years and at more than 30 locations.
- Large Multi-Billion Dollar Annual Market Commencing in 2015 in the U.S.
- Imminently Large, Mandated Market; EPA Estimates $9.6B Annually.
- Reputable, Experienced Management Team.
- Multi-Year, Recurring Revenue Contract Model.
- Most Cost-Effective Solution on the Market.
- Currently 15 coal-fired power unit contracts.
- Expected to be Cash Flow positive in 2015.
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 (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. This 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.
MEEC coverage with a $5 price target:
http://www.smallcapnetwork.com/NBT-Equities-R...d/1/id/45/
For more info read this DD collection:
http://investorshangout.com/post/view?id=2786191
Please do your own DD!
GLTY