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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Post by proneon Dec 03, 2021 9:28am
109 Views
Post# 34194131

This discourages adopting electrical heating . But subsidies

This discourages adopting electrical heating . But subsidiesor Tax rebates are now being offered for EV ...

Tmg needs to redo their ROI for these Elictrical products.

--> AND get BEI and Sofame divisions to sign agreements with the manufacturer of these Electric Boilers.


The Electric Boiler sellers need TMG technology to increase their ROI - to make the packaged economical.....!

Your point taken -->The major reason for the costs of boiler electrification to be high is the disparity between the electricity and fuel prices in the U.S. industry (e.g. the weighted average electricity price in the U.S. industry is almost 4 times higher than the average price of natural gas for the same unit of energy in 2018).
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