Future Energy Pty Ltd
News Release
Australia: David Johnston
USA: Shepard Doniger
Media Contacts:
+61 (0) 417 799 179
+1 (561) 613-2600
david@futurenergy.com.au
sdoniger@bdcginc.com
New Technology Reduces Coal Power Emissions to Natural Gas
Levels and Reduces CO2 By Up To 40%
FuturEnergy Files Revolutionary Patent Utilizing MagneGas® Fuel in Coal CoCombustion Process Producing Energy While Reducing Greenhouse Gases
Toowoomba, Australia 9th October 2014 -- FuturEnergy Pty Ltd, an Australian based combustion
research and development Company, announced today that it has submitted a pioneer patent, on
combusting coal emissions containing CO2 in a secondary post combustion chamber with MagneGas®
fuel. The patent, ‘Utilising synergistic mixture of fuel to produce energy and reduce emissions in boilers,'
was filed with the Australian patent office on 30th July 2014.
This revolutionary patent significantly alleviates a strategic problem affecting the Coal Fired Power
Industry today, namely harmful emission and the release of vast quantizes of CO2, a powerful
greenhouse gas. While legacy technology deals with emissions from Coal Fired Power plants using
complex pollution control systems this new technology transforms the coal flue gas or smoke into a fuel
by igniting it using MagneGas®.
This revolutionary technology combines the flue gas from coal combustion with MagneGas® in a special
post-combustion chamber which transforms this polluting waste stream into an energy stream by literally
burning the smoke from coal fired power plants. The result of the FuturEnergy post-combustion process
results in overall emission equal or better than natural gas and a reduction of up to 40% in CO2.
The Company estimates that the typical Coal Fired Power Plant will be able to reduce CO2 Emissions by
up to 40% and through efficiency improvements, the conservative estimated saving in coal consumption
is approximately 20% but will likely be more. Other harmful emissions and particulates are also abated
which the Company believes will reduce the investment and operating costs of currently used emission
control equipment.
Based on the Australian market a typical Power plant will benefit from a monthly conservative coal
efficiency savings of $1.2 Million per power plant, when extrapolated over the power stations in Australia
this amounts to estimated $40 million in monthly coal savings alone. Other markets such as Europe
where CO2 is taxed would achieve a much higher potential savings.
According to the World Coal Association there are more than 7,000 Coal Fired Power units world-wide
therefore the potential savings and value of this patent is significant and constitutes a new strategic asset
to the power industry. Future Energy and MagneGas Corp are working with partners in each region to
validate, commercialize and monetize this patent.
“The initial breakthrough occurred when we added MagneGas® to LPG, and we then progressed to coal,
bitumen and rubber. On each occasion, CO2 emissions were drastically reduced, overall combustion
efficiency increased with a subsequent increases in heat," said David Johnston, Managing Director
FuturEnergy.
“The FuturEnergy team have worked very hard to bring the concept from theory to practice and have
demonstrated a unique combination of strategic vision and broad technical ability in combustion,”
commented Ermanno Santilli CEO of MagneGas Corp. “This combination of capabilities has been crucial
to attract regional partners in certification and commercialization and makes our joint venture with
FuturEnergy very strong.”
“It all commenced with the first imports of MagneGas® fuel from the USA when we noted its extremely
high flame temperatures and realized there would be applications in combustion. FuturEnergy researched
thirty one industries in which MagneGas® fuel would add most value and defined that the coal fired power
industry would be our first target market. We then set about forming a team to research and trial this new
technology of capturing and burning coal emissions," said David Johnston “ but we are also actively
pursuing other industries such as transportation markets which have equally large potential market
opportunities for FuturEnergy and MagneGas®.”
Future Energy Pty Ltd:
FuturEnergy was established in February 2011, to research and develop renewable fuels in cocombustion heating markets. The company has focused on combustion in solid, and gaseous fuels using
MagneGas®. As emissions tests have been successful, stage two certification and investment are
commencing in 2014 / 2015.
About MagneGas Corporation:
Founded in 2007, Tampa-based MagneGas Corporation (NASDAQ: MNGA) is a technology Company
that counts among its inventions, a patented process that converts liquid waste into hydrogen based
fuels. The Company currently sells MagneGas® into the metal working market as a replacement to
acetylene. It is also selling equipment for the sterilization of bio-contaminated liquid waste for various
industrial and agricultural markets. In addition, the Company is developing a variety of ancillary uses for
MagneGas® fuels utilizing its high flame temperature for co-combustion of hydrocarbon fuels and other
advanced applications. For more information on MagneGas®, please visit the Company's website at
www.MagneGas.com.
Media interested in hearing more and speaking with FuturEnergy officials should contact:
Australia: David Johnston
USA: Shepard Doniger
+61 (0) 417 799 179
+1 (561) 613-2600
david@futurenergy.com.au
sdoniger@bdcginc.com