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Maxim Power Corp T.MXG

Alternate Symbol(s):  MXGFF

Utilities Utilities - Independent Power Producers
Maxim Power Corp. is an independent power producer. The Company is focused entirely on power projects in Alberta. Its core asset, the 300 megawatts (MW) H.R. Milner Plant, M2, in Grande Cache, AB, is a combined cycle gas-fired power plant. The Company continues to explore additional development options in Alberta, including its permitted gas-fired generation projects and the permitting of its wind power generation project. Its Milner 2 (M2) power plant is a 204 MW natural gas-fired turbine generator located at the HR Milner Generating Station site near Grande Cache, Alberta. Its HR Milner Generating Station (Milner 1 or M1), located near Grande Cache, Alberta, is a 150 MW dual fuel steam turbine generator capable of burning both natural gas and coal.


TSX:MXG - Post by User

Maxim Power Corp
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Post by tinkvidon Jan 17, 2022 1:00pm
244 Views
Post# 34324969

Maxim Power has the control....

Maxim Power has the control....But an earn in from GE would be a fantastic business move, Although Chernoff and team can no doubt go it alone and grow this company.

Brad Wall continuing to buy directly and through his consulting company and Maxim still buying back shares!!!

https://www.ge.com/content/dam/gepower/global/en_US/documents/fuel-flexibility/GEA33861%20Power%20to%20Gas%20-%20Hydrogen%20for%20Power%20Generation.pdf


GAS TURBINE EXPERIENCE WITH HYDROGEN Once hydrogen has been generated it can be utilized as a power generation fuel. Gas turbines have the capability to operate on hydrogen, supporting a variety of industrial applications, including steel mills, refineries, and petrochemical plants. GE is a world leader in gas turbine fuel flexibility, including more than 70 gas turbines that have (or continue to) operate on fuels that contain hydrogen. This fleet has accumulated more than 4 million operating hours and over 300 terawatts of power generation. This fleet also includes a set of 25 gas turbines that have operated on fuels with at least 50% (by volume) hydrogen; these units have accumulated more than one million operating hours. Figure 10 highlights some of the projects that have used fuels with varying concentrations of hydrogen over the last 20+ years. The following sections provide more details on some of these projects. Additional details can also be found in papers by Jones, et al. [31], [32] and DiCampli [33].
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