W2 Energy Inc.: Coal Industry Takes Interest in W2 Energy Technology
TORONTO--(Marketwire - August 27, 2009) - W2 Energy Inc. (
During the process of preparing coal for use in the power plants, a waste product called "fines" is produced. Fines, which is waste coal generated during preparation of the coal for use in power generation, is too fine to be used for the purpose of power generation. Fines are a significant contributor to environmental contamination in power generation. A W2 Energy plant can process the fines, generating additional revenue for the power plant and reducing costs of producing power through the production of diesel to run the generators, while cleaning up the power plant site. The W2 Energy plant is a closed system with no toxic fumes. There is no release of CO2 into the atmosphere. In addition to processing the fines, the W2 Plants can be used to help the power plant deal with their refuse and other waste material, especially plastics. In addition to helping deal with environmental issues and waste management, the W2 Energy plant will generate carbon credits to reduce the power plants carbon footprint.
W2 Energy is able to take a sample of coal from the power plant, and through processing and analysis, tell the power plant exactly what the yield will be and the products that will be generated. W2 Energy is in a unique position to be able to help the coal industry deal with existing environmental issues while reducing their costs of operations. A significant interest by the coal industry in the W2 Energy technology will be very beneficial to W2 Energy.
Remember with a W2 ENERGY PLANT GARBAGE BECOMES A RENEWABLE RESOURCE.
W2 Energy trades in the United States on the OTC under the symbol "WTWO." For further information, please contact Mike McLaren at (519) 341 3185 or [ www.w2energy.com ].
NOTE: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Act of 1995
Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions, risk in product development, market acceptance of new products and continuing product demand, level of competition and other factors described in Company reports and filings with regulatory bodies.