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Advanced Power Projects Overview
Advanced Power Projects, Inc., POWER, was formed in 2006 by Pete Cartwright and Tom Mason to introduce advanced technologies to the power industry which will produce inexpensive power with reduced emissions and minimum environmental impact. POWER is financed by leading Silicon Valley venture capital firms and is backed by strong support from leading environmental groups and regulatory agencies....More»
Advanced Power Projects, Inc., POWER, was formed in 2006 by Pete Cartwright and Tom Mason to introduce advanced technologies to the power industry which will produce inexpensive power with reduced emissions and minimum environmental impact. POWER is financed by leading Silicon Valley venture capital firms and is backed by strong support from leading environmental groups and regulatory agencies.
POWER's Simplified Combined Cycle (SCC) provides existing power plant owners with more power at lower cost and reduces greenhouse gases and other pollutants. SCC uses Cheng Power Systems' Cheng Cycle, CLN and Cheng Boost technologies. POWER has exclusive rights to apply SCC to large power plants in the United States.
POWER is applying its SCC capabilities to improve and complement wind, solar and biomass fueled projects.«Less
Key People
Management
Board of Directors
Funding
| Date | Type | Capital Amount | Post-Money Valuation | Investors |
|---|---|---|---|---|
| 03/18/2008 | Series A | Unknown | Unknown |
Products
| Name: | Simplified Combined Cycle (SCC) |
| Product URL: | http://www.advancedpowerprojects.com/technology.html |
| Description: | SCC technology captures combustion gas turbine waste heat and turns it into additional power without the need for a steam turbine, condenser or cooling tower. Capturing this waste heat results in increased production of kWh without additional fuel being burned. Because injected steam cools the combustor's hot gases, it is possible to burn additional fuel and stay in compliance with the thermal limits of the engine. The result is increased capacity and improved efficiency. The key to SCC emissions improvements is pre-mixing steam and fuel before injection into the combustor. The result is a smaller and cooler flame which reduces NOx. NOx of less than 5 ppmvd has been achieved in the field, while in laboratory tests NOx levels of less than 2 ppmvd have been achieved, suggesting that with more experience, SCC technology may eliminate the need for expensive, currently required, selective catalytic reduction. Tests have also shown that SCC reduces the turbine inlet temperature for a typical combustion turbine by 35°F, thereby extending the time between overhaul by over 75%. The SCC flame results in more complete oxidation of the methane resulting in less CO. The more stable flame allows steam-to-fuel ratios of as high as 3.5 to 4.0 which results in very low NOx. The waste heat produced steam mass flow makes significantly lower heat rates possible which results in more power output with little or no increase in fuel consumption. |
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11/12/2008 07:12PM by parsons
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Bulls vs. Bears (1)
| Bullish Opinions (1) | Author/Date | Do you agree? | |
|---|---|---|---|
|
Current/evolving market dynamics work for POWER -> reduced CoE + lower emissions |
eskandar 10/28/2008 |
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100% 1 vote 1 0% 0 |
| Bearish Opinions (0) | ||||
|---|---|---|---|---|
| Be the first to tell us why they are destined to stumble. | ||||
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