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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 blitzer2on Oct 15, 2023 10:52pm
258 Views
Post# 35684711

Ottawa needs to support oil industry if cutting carbon.....

Ottawa needs to support oil industry if cutting carbon..........is the goal, says Alex Pourbaix.

Oilsands can decarbonize on 'fraction' of funding battery
makers are getting, says Cenovus chair


[url=https://financialpost.com/commodities/energy/oil-gas/cenovus-oilsands-cut-carbon-fraction-battery-funding?][/url]

Excerpt from article:
“We are asking for a fraction of what the government has already given, as I understand it, to the battery manufacturers,” he said. “If the goal here is to remove carbon from the economy at the lowest average cost, then I would suggest the government should take a very, very hard look at continuing to support our industry.”

https://financialpost.com/commodities/energy/oil-gas/cenovus-oilsands-cut-carbon-fraction-battery-funding?



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