King Power Corporation (K-POW) is an early-stage company specializing
in the development of alternative energy technologies. The Company’s primary efforts
have been focused on developing methods of producing synthetic natural gas (SNG).
The focus on SNG is due to its potential as a transportation fuel that can replace
petroleum. As a result of KPC’s research, the Company has built and operated a reactor
that produces methane by fusing carbon dioxide and hydrogen: the Eco2Green Reactor.
The natural gas that the Eco2Gree reactor produces is called “Green Gazz”. The Eco2Green
reactor possesses many technical and economic advantages over traditional exploration
and other alternative fuels. Not only is the Green Gazz carbon neutral, but it is
readily adaptable in the technical and social context of today’s environment. An
extensive infrastructure is already in place for natural gas distribution, and since
natural gas has been used as a fuel for many years. Green Gazz can be used as a
catalyst towards the progression of clean, renewable energy. To realize the full
potential of this technology, KPC is currently seeking additional financing to continue
the commercialization and development of synthetic natural gas production and other
complimentary products.
The process of producing synthetic natural gas involves two steps. First,
water is dissociated into its elemental components, hydrogen and oxygen, through
a proprietary method of electrolysis. The oxygen produced is ultra-pure and can
be sold for use in medical and industrial applications. The hydrogen is then taken
to the next step of production where it is blended with carbon dioxide. The carbon
dioxide and hydrogen mixture is subsequently passed through the KPC methane reactor.
The catalyst-driven reaction produces methane that is chemically equivalent to the
natural gas currently used as fuel for heat and electrical generation and transportation.
KPC’s unique method of producing natural gas creates a closed carbon loop. When
the gas is used as fuel, it produces carbon dioxide and water. An equivalent amount
of carbon dioxide is then used to produce natural gas again. Therefore, Green Gazz
is carbon neutral. The production process does not remove any carbon dioxide from
the environment, but more importantly, it does not add any carbon dioxide to the
environment.
During the past year, commodity energy prices have surged, which has
closed the economic gap with alternative fuels. At the same time, the environmental
hazards of coal, oil, and other fuels have created social and political pressure
to change to a new source of energy. As the renewable energy industry works to expand
its offerings, there are still barriers that are preventing renewable energy from
being widely accepted. For example, solar and wind technologies are only feasible
in certain geographic regions, and the electricity produced cannot be used as a
transportation fuel. Another alternative fuel, hydrogen, does not have an extensive
infrastructure in place for distribution as a transportation fuel. Additionally,
hydrogen fueled vehicles and devices are not readily available, which inhibits extensive
social acceptance. Ethanol produces more pollution than gasoline, and as recent
commodity prices suggest, agricultural based fuels are not practical without unsustainable
subsidies. These limitations have restricted wide-scale social acceptance of alternative,
clean energy.
Green Gazz breaks down these barriers. Green Gazz can be produced with
the quality and predictability of a manufactured product. Green Gazz can also be
used as a transportation fuel or for electrical generation. It is an answer to the
problems with foreign oil. Not only is there an existing infrastructure in place
for natural gas distribution, but several major car manufacturers, like Honda, already
make vehicles that operate on natural gas. As stated, the natural gas manufactured
is a carbon neutral fuel, and the carbon dioxide used in the manufacturing process
can be acquired from carbon dioxide producing industries. In the United States,
there is a movement to provide tax incentives for industries that are able to capture
and sequester carbon dioxide. K-POW will be one of the originators of this market.
There are other processes that produce synthetic natural gas, but none
are carbon neutral. Coal gasification is the most widely used method of producing
synthetic natural gas. However, this technology is limited because the process relies
on coal as a feedstock, and coal is a non-renewable fuel source. The environmental
hazards of coal mining are immense, and social and political pressure is decreasing
the areas available for coal mining. In addition, the capital costs for coal gasification
are enormous, and the process requires a centralized production model. Therefore,
coal gasification is not a viable, long-term source of natural gas.
Synthetic natural gas produced from bio-mass requires multiple production
steps that remove undesirable constituents. Since the process is more complex, there
are additional environmental and economic considerations when attempting to achieve
the quality necessary for distribution in the gas pipelines. The feedstock for this
process is organic materials, so the scalability of bio-mass is limited. The Eco2Green
Reactor is scalable, and the only inputs required are electricity, water, and carbon
dioxide. In contrast to K-POW’s method of producing natural gas, the bio-mass process
is not carbon neutral, and in fact, releases more carbon dioxide into the environment.
King Power Corporation is positioned to develop synthetic natural gas
as a viable fuel source. King Power’s technology is superior to other forms of alternative
energy for a variety of reasons. There is no one producing natural gas that uses
carbon dioxide as a feedstock, and is a true “green” fuel. SNG is adaptable with
the existing infrastructure; therefore, its social acceptance will be high. The
potential of SNG produced with KPC technology is immense. King Power Corporation
is seeking additional financing of four million dollars to finish the final design
and analysis needed to commercialize the methane reactor. To reach an operational
status, the Company has developed a four stage, two year plan. Milestones for the
plan include reaching an output of one million cubic feet per day in 18 months and
powering over 100,000 vehicles by the end of two years. This technology is timely
and has the potential of changing the way energy is produced, used, and allocated.
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