- Expanding Australian effort
- More co-combustion objectives
MagneGas Corporation signed a joint venture agreement with an Australian company, Future Energy Pty. Ltd., to develop, license and commercialize new concepts for co-combustion of MagneGas fuels. That fuel, also called MagneGas, is a hydrogen-based formulation that can be processed from industrial, municipal, agricultural, and military liquid wastes, with the appropriate governmental permits.
Tampa-based MagneGas Corp. commercialized its waste-to-fuel conversion method about four years ago, calling it a “clean burning” hydrogen fuel that can be used for various commercial or process applications, such as welding or cutting, process gas, metal working, cooking, heating, powering bi-fuel automobiles, and more. The process has been licensed to several industrial and cutting gas suppliers for regional distribution.
Earlier this year, MagneGas initiated a program to adapts its hydrocarbon combustion technology as a method of co-combustion, for use in coal-fired electrical utility operations.
FutureEnergy is a partnership of companies that performs independent, practical and combustion trials of MagneGas fuel and other hydrocarbon fuels, independently, on behalf of MagneGas and potential customers.
The new agreement includes and extends beyond the existing partnership of coal co-combustion technologies, to include other current and future developments, such as the combustion of MagneGas with diesel, heavy oil, aviation fuels, and liquid petroleum gas.
"Future Energy and MagneGas have identified and are already working on several new energy opportunities which leverage the unique properties of MagneGas fuel and the combustion expertise of FutureEnergy,” stated MagneGas CEO Ermanno Santilli.
Santilli predicted the partners would reveal these new opportunities as they approach certification stage.
"We believe there are several significant new energy applications by combining MagneGas with existing fuels,” according to David Johnston and Lindsay Pukallus, FutureEnergy partners, “each with the possibility of reducing emissions and improving combustion efficiency, thereby extracting more energy.”