Tuesday, February 25, 2014

Large Coal-Power Cooperative Chooses Midwest Energy Emissions Corp. (MEEC) Solution

A large coal-power cooperative in the Southwest U.S has chosen to use Midwest Energy Emissions Corporation’s proprietary mercury emissions control technology. Company estimates are that this multi-year supply contract will generate revenues of $2 million annually starting in early 2015, and with initial system installation revenues in 2014 of $2.4 million.

The U.S. Environmental Protection Agency’s (EPA) Mercury and Air Toxic Standards (MATS) rule requires that coal- and oil-fired power plants in the U.S. larger than 25 megawatts remove roughly 90% of mercury from their emissions beginning April 16, 2015, with limited extensions granted for compliance in April 2016. ME2C uses patented technology that has been shown to achieve mercury removal levels compliant with MATS at a significantly lower cost and with less operational impact than currently used methods.

CEO Alan Kelley stated, “We are excited to announce that another electric power provider has chosen ME2C for removing mercury emissions to comply with MATS regulations. This further demonstrates the emergence of our best in class technology and the well-respected work that our team has put forth over the years.”

Kelley continued, “We are very confident in the prospects of business growth over the coming months and years as utilities are required to comply with MATS. Our solution will reliably deliver on a value proposition unlike any other in the market today. With a critical focus on execution and service, we look forward to rapid adoption and significant revenue growth for our shareholders.”

Midwest Energy Emissions Corp. delivers cost effective mercury capture technologies to power plants and other large industrial coal-burning units in North America. The company’s proprietary technology enables customers to meet the new, escalating standards the U.S. EPA has set for mercury emissions, in an economical and effective manner with minimal disruption to their current equipment and current operations.

For more information, visit www.midwestemissions.com

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