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Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Acceleware Ltd. is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. Its segments include High-Performance Computing (HPC) and RF Heating. The HPC segment sells proprietary high-performance computing software and related consulting services and training programs to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to advanced electromagnetic heating using radio frequency (RF) energy. It is piloting RF XL, its patented low-cost, low-carbon EM thermal production technology for heavy oil and oil sands. It is also working with a consortium of potash partners on a pilot project using its patented and field proven Clean Tech Inverter (CTI) to decarbonize drying of potash ore and other minerals. It is actively developing partnerships for EM heating of other industrial applications in mining, steel, agriculture, cement, hydrogen and other clean fuels.


TSXV:AXE - Post by User

Post by Whampoaon Feb 01, 2023 3:54pm
174 Views
Post# 35260529

Alberta Grid and Alberta electrical generating power station

Alberta Grid and Alberta electrical generating power stationOf course, Greening of the Alberta Grid and Alberta electrical generating power station is great news for AXE and prospective clients of AXE CTI.

While industrial powerhouses Germany and China (and India) add substantially in 2022/2023 electrical generating power stations fueled by coal, Alberta will reach coal-less status within a year.



The 3 remaining coal powered stations are Capital Powers Genesee Units 1 & 2, and 3

 
https://www.capitalpower.com/about-genesee/

Quick Facts

  • We’re repowering our Genesee 1 & 2 to utilize best-in-class natural gas combined cycle (NGCC) technology, positioning them to be the most efficient NGCC units in Canada when completed.
  • The Genesee 1 & 2 repowering project also includes 210 MW of battery storage to enhance project economics and allow the repowered units to operate up to their baseload capacity in accordance with the AESO most severe single contingency (or MSSC) limit.
  • Genesee 3, one of the most advanced, fuel-efficient, and environmentally progressive coal-fired units in Canada and one of the lowest variable-cost, baseload generators in Alberta, is undergoing a dual-fuel transition and will be 100% natural gas-fueled in 2023.
  • Genesee 1, 2 and 3 will be off-coal in 2023 – 6 years ahead of government mandate.
  • Following gas conversion and repowering, physical carbon dioxide emissions at the Genesee facility will be approximately 3.4 million tonnes per year lower than 2019 emission levels.
  •  Genesee Carbon Conversion Centre (GC3) in development; set to be the largest commercial scale production facility of carbon nanotubes globally.
  • carbon capture and storage (CCS) project is also in development for Genesee, alongside a collaboration with Enbridge on the development of an open access carbon hub near the facility. In December 2022, the project received Limited Notice to Proceed approval from our Board of Directors.

Genesee Carbon Conversion Centre (GC3)

Capital Power is proceeding with plans to build the world’s largest commercial scale production facility of carbon nanotubes at our Genesee Generating Station. GC3 will utilize emissions from the facility alongside C2CNT technology, a carbon conversion solution that transforms emissions into highly valuable carbon nanotubes

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