ElectraTherm awarded DOE US$1m R&D grant for its co-production technology
ElectraTherm, a technology company working on heat-to-power generation systems, received a US$982,000 grant by the U.S. DOE for the research, development and demonstration of its technology using co-produced fluids.
Reported by the company, “ElectraTherm, Inc. announced it was awarded approximately $982,000 from the U.S. Department of Energy (DOE) to research, develop and demonstrate its technology using co-produced fluids. The federal grant will help accelerate the development of ElectraTherm?s technology through a geothermal demonstration site at Florida Canyon Mine in Imlay, Nevada. ElectraTherm is providing recipient cost share in the amount of approximately $500,000 on this project.
ElectraTherm?s heat-to-power technology converts many sources of low temperature liquid heat (reciprocating engine waste heat, geothermal including oil and gas co-produced fluids, biomass, process heat, solar thermal, etc.) into power. The company will use the DOE funding to demonstrate the financial and technical viability of small scale distributed generation from heat co-produced in geothermal brine.
“Low temperature geothermal brine is currently considered a nuisance in many mining, and oil and gas operations today. ElectraTherm?s Green Machine can tap into those existing resources to produce fuel-free, emission-free power,” said John Fox, CEO, ElectraTherm. “With these additional resources from the DOE, ElectraTherm will engineer a product specific for the challenges of geothermal brine to produce power onsite from their 230°F geothermal resource.”
Source: Company release