RENO, NV--(Marketwire - September 20, 2010) - ElectraTherm, Inc. announced today it was awarded approximately $982,000 from the U.S. Department of Energy (DOE) to research, develop and demonstrate its technology using co-produced fluids. The federal grant will help accelerate the development of ElectraTherm's technology through a geothermal demonstration site at Florida Canyon Mine in Imlay, Nevada. ElectraTherm is providing recipient cost share in the amount of approximately $500,000 on this project.
ElectraTherm's heat-to-power technology converts many sources of low temperature liquid heat (reciprocating engine waste heat, geothermal including oil and gas co-produced fluids, biomass, process heat, solar thermal, etc.) into power. The company will use the DOE funding to demonstrate the financial and technical viability of small scale distributed generation from heat co-produced in geothermal brine.
"Low temperature geothermal brine is currently considered a nuisance in many mining, and oil and gas operations today. ElectraTherm's Green Machine can tap into those existing resources to produce fuel-free, emission-free power," said John Fox, CEO, ElectraTherm. "With these additional resources from the DOE, ElectraTherm will engineer a product specific for the challenges of geothermal brine to produce power onsite from their 230°F geothermal resource."
About ElectraTherm, Inc.
ElectraTherm, Inc. provides heat to power generation systems to industry worldwide. The company's proven, patented Twin Screw Expander enables its line of recovered energy generating systems to make electricity from low to mid temperature heat that would otherwise go to waste. ElectraTherm's fuel-free, emission-free and low cost 'Green Machines' offer an attractive payback period on investment. For more information on ElectraTherm and its clean tech, green power products, please visit www.electratherm.com.
Contact Information:
Business Contact:
Rob Emrich
Vice President of Sales
ElectraTherm
775-398-4680