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Midwest Energy Emissions Corp. (MEEC)
Midwest Energy Emissions Corp. is an emerging leader in mercury emissions control technology for the global coal-power industry. The company develops and employs patented and proprietary technologies to remove mercury from coal-power plant emissions. It concentrates on the delivery of mercury capture technologies to power plants and other industrial coal-burning units in North America, Europe, and Asia. Midwest Energy Emissions has its headquarters in Lewis Center, Ohio.
The U.S. Environmental Protection Agency's (EPA) Mercury and Air Toxic Standards (MATS) rule requires that all coal- and oil-fired power plants in the U.S., larger than 25 mega-watts, must remove around 90 percent of mercury from their emissions starting April 15, 2015. In June o2015, the U.S. Supreme Court remanded MATS back to the U.S. Court of Appeals for the D.C. Circuit for further review. Nevertheless, it left the rule in place.
Midwest Energy Emissions uses patented technology that has been shown to achieve mercury removal levels compliant with MATS at a considerably lower cost and with less operational impact than methods now used. This is while preserving the ability for customers to recycle and sell fly-ash for beneficial use.
The company's proprietary SEA™ (Sorbent Enhancement Additive) technology delivers a flexible, tunable solution. It allows the worldwide coal-power industry to easily comply with new, highly restrictive regulations on mercury air emissions. The SEA™ approach to mercury capture is exactly tailored for each application to complement a customer's fuel type and boiler configuration for best results.
Recently, Midwest Energy Emissions announced that it exercised its option to acquire in entirety all the patents related to mercury control from the Energy & Environmental Research Center Foundation (EERCF), in Grand Forks, North Dakota, for $2.5 million and 925,000 shares of common stock. The technology was originally developed at the University of North Dakota Energy & Environmental Research Center. The expectation is that closing of the transaction will occur by March 31, 2017, subject to approval by the U.S. Department of Energy.
Midwest Energy Emissions also recently announced that it is adding a new product to its proven, cost-effective mercury capture program, which will decrease mercury emissions by preventing scrubber reemission events. The design of the product is specifically for coal-fired power utilities with wet scrubbers to help remove mercury, and other metals, from the scrubber.
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