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AEC Unveils its First Hydrogen Production Demonstration Unit
Alternate Energy Corporation's H2 1500-A1 demonstration
unit produces hydrogen from water, on demand. Production arrangements are
being made for shipment later in 2005 at a price projected to be comparable to
fossil fuels.
Adapted by Pure Energy Systems News
PHOTO: H2 1500-A1 demonstration unit |
BURLINGTON, ONTARIO, CANADA -- Alternate Energy Corporation
(AEC) (OTCBB: ARGY) yesterday announced that its first alpha-stage unit, the H2
1500-A1, was recently demonstrated before two separate multinational engine
companies in the U.S.
This demonstration was set up to review AECs small scale, on-demand Hydrogen
Production technology and discuss business opportunities. These
Demonstration units will power an internal combustion engine and Astris Energi's
model E8 2.4 kW Alkaline Fuel Cell for a number of potential commercial
customers.
According to their website, AEC owns a metallurgic formulation which
separates hydrogen from water at low cost, requiring no electrical energy or
external input, and without utilizing or producing any hazardous waste
materials. AEC's process involves chemical reactions between a proprietary metal
alloy mix and the liquid solution. These metals are plentiful, stable in cost
and produce effective, highly purified hydrogen utilizing a catalytic process.
Engineers who have reviewed the technology say that this system is capable of
producing energy at a price competitive with the current fossil fuel kWh cost of
energy.
These demonstration meetings are the beginning of a series
of such meetings over the coming months, whereby AEC will be showcasing its
hydrogen production technology to a long list of prospective commercial
customers, potential licensees, select government and institutional contacts and
other interested commercial parties.
An earlier prototype demonstration took place on
May 8, 2005
with interested/involved parties at AECs contracted laboratory in Downsview,
Ontario, Canada. Now,
this H2 1500-A1, alpha stage unit is designed for portable, on-site
demonstrations.
AEC says their company is on an accelerated product development timetable to
take advantage of several opportunities with targeted organizations.
Alternate Energy Corporation (AEC) intends to provide a
hydrogen fuel system that has mass-deployment economics and provides
small-scale, on-demand distributed generation of electricity. Following these
product demonstrations with key strategic partners in the first part of 2005,
the company plans to then ship initial hydrogen production and electricity
generation systems later in 2005.
SOURCE:
CONTACT:
Suzanne Brydon
Investor Relations
Alternate Energy Corporation
(519) 620-2623
www.cleanwatts.com
Follow-up
Previous Coverage
- AEC
Completes First Live Demonstration - Hydrogen-on-demand, from water,
through metallurgic process. Expecting product shipment later in 2005. (PESN;
May 18, 2005)
- AEC's
Mobile Demonstration Program Nears Completion - Alternate Energy
Corp.'s proprietary metallurgy technology permits a small-scale unit to
generate hydrogen from an aqueous solution through a "green"
system at a price competitive with the current fossil fuel kWh cost of
energy. (April 14, 2005)
- AEC
Takes Delivery of First E8 Fuel Cell Generator From Astris Energi -
2.4-kW generator has an electrical efficiency greater than 50%, higher than
any in its class. Plans underway to couple Astris' E8 Generator with
Alternate Energy Company's low-cost, small-scale, proprietary, portable
Hydrogen technology that produces fuel cell pure hydrogen gas on demand,
from water. (January 19, 2005)
See also
Page compiled by Sterling
D. Allan July 19, 2005
Last updated July 28, 2005
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