Ener-Core, Inc. (OTCQB:ENCR), the world’s only provider of Power
Oxidation technology and equipment that generates clean power from
low-quality and waste gases from a wide variety of industries, has
obtained a U.S. patent for a system that converts waste gases into steam
or heat for industrial uses. As Ener-Core’s 18th patent issued, it
further strengthens the Company’s intellectual property, and is the
first out of many to focus on the Power Oxidizer’s generation of steam
rather than electricity as the end-product.
Ener-Core’s technology converts waste gases into heat, while at the same
time preventing those gases from being released into the atmosphere. A
turbine can then use this heat and convert it into useful electricity,
and this forms the basis under which Ener-Core already installed several
of its turbine-based systems and secured a global license agreement with
Dresser-Rand. Under that existing license agreement, Dresser-Rand and
Ener-Core are coupling Dresser-Rand’s KG2 gas turbines with Ener-Core’s
Power Oxidizer, thereby enabling Dresser-Rand’s industrial customers to
generate useful, clean electricity from the gases that most customers
have historically been flaring (burning). Alternatively, a steam boiler
can utilize the heat generated by the Power Oxidizer, and convert it
into steam, which is typically an expensive resource within many
industrial plants. The new patent is Ener-Core’s first to specifically
claim the steam conversion capability of its Power Oxidizer.
Alain Castro, CEO of Ener-Core, said, “Steam is a necessary source of
energy for many processes within large industrial facilities, such as
chemical plants and refineries. Today, most of the industries requiring
steam within their industrial processes must spend a significant amount
of capital to purchase fossil fuels, or biomass-based fuels, to generate
the on-site steam for their facilities. Yet these same industries also
generate waste gases that are flared off in order to comply with
environmental policies. Similar to our currently operating
electricity-generating power stations, our future products for
generating steam will enable many industries to significantly reduce
their fuel costs by using their waste gases as the fuel to generate
steam for their industrial facilities.”
Dr. Boris Maslov, Chief Technology Officer of Ener-Core, further stated,
“Our Power Oxidation technology can be harnessed to produce steam in an
efficient and relatively low-cost manner. The system described by this
new patent demonstrates how steam generation can be achieved in a way
that gives industries an economic advantage while continuing to protect
the environment, therefore enabling us to diversify our solutions and
our potential partnerships. This capability is independent of the Power
Oxidizer’s proven electricity-generating capabilities, which involve its
connection with a turbine.”
About Ener-Core
Irvine, California-based Ener-Core, Inc. (ENCR)
designs, manufactures and has commercially deployed unique systems that
generate base load, clean power from polluting waste gases including
methane. Ener-Core’s patented Power Oxidizer is the only solution of its
kind that turns one of the most potent pollution sources into a
profitable, “always on” source of clean energy. Ener-Core’s technology
offers a revolutionary alternative to the flaring (burning) of gaseous
pollution while generating operating efficiencies and ensuring
compliance with costly environmental regulations.
Ener-Core offers a variety of platforms including the 250kW Ener-Core
Powerstation EC250 ("EC250"), the Ener-Core Power Oxidizer 333 KW
Powerstation (“EC333”) and the larger counterpart, the 2MW Ener-Core
Powerstation KG2-3GEF/PO.
Cautionary Statement Regarding Forward-Looking Statements
Forward-looking statements contained in this press release are made
under the Safe Harbor Provision of the Private Securities Litigation
Reform Act of 1995. Information provided by Ener-Core, Inc., such as
online or printed documents, publications or information available via
its website may contain forward-looking statements that involve risks,
uncertainties, assumptions, and other factors, which, if they do not
materialize or prove correct, could cause its results to differ
materially from historical results, or those expressed or implied by
such forward-looking statements. All statements, other than statements
of historical fact, are statements that could be deemed forward-looking
statements, including statements containing the words "planned,"
"expects," "believes," "strategy," "opportunity," "anticipates," and
similar words. These statements may include, among others, plans,
strategies, and objectives of management for future operations; any
statements regarding proposed new products, services, or developments;
any statements regarding future economic conditions or performance;
statements of belief; and any statements of assumptions underlying any
of the foregoing. The information contained in this release is as of the
date of this press release. Except as otherwise expressly referenced
herein, Ener-Core assumes no obligation to update forward-looking
statements.
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