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W2 Energy Inc.: W2 Energy to Demonstrate Environmental Alternatives to the Coal Industry

^{Published on 2009-10-07 08:08:21 - Market Wire}
 

TORONTO--(Marketwire - October 7, 2009) - W2 Energy Inc. (PINKSHEETS: [ WTWO ]), a developer of green energy, is pleased to announce that it will be able to offer the coal industry a viable alternative for disposal of coal ash or coal fines, that will result in the production of diesel to reduce costs while cleaning up coal fines at the power generating sites. Forty eight percent (48%) of all power generated in the United States is generated through coal burning power plants. During a television show called "60 Minutes" on October 4, 2009, there was a segment showing that there is a new problem emerging as a result of generating power using coal. During the generation of electricity at coal burning power plants, coal ash or coal fines are produced.

This material is so fine it can't be used in the power plants and must be disposed of. The program indicated the there will be new rules in December 2009 related to disposal of the coal fines and there is a very real possibility that the coal fines will be designated toxic. The cost to treat or dispose of the coal ash and coal fines will be prohibitive. However, it is a perfect feedstock for the W2 Energy coal to liquid fuel plants. W2 Energy is in the unique position of being one of a few companies able to help the coal industry and the power industry with this emerging problem. The W2 Energy system is a closed system and a net user of CO2. It has no emissions and generates carbon credits.

In a press release on September 14, 2009, W2Energy announced it had received coal samples from a coal company to demonstrate the yield from coal that its technology can produce. The company is gathering all of its test data and will be announcing the results in the near term.

The company is very comfortable that it will be able to clean up the fines and coal ash on power sites while generating diesel and electricity, therefore reducing costs and absorbing the greenhouse gases generated by the coal. The Company will turn the fines or coal gas into syngas and the syngas will be turned into jet fuel, gasoline and diesel fuel.

Remember with a W2 Energy plant, Garbage becomes a Renewable Resource.

W2 Energy trades in the United States on the PINKSHEETS under the symbol "WTWO." For further information, please contact Mike McLean 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.