SYS-CON MEDIA Authors: Liz McMillan, Carmen Gonzalez, Zakia Bouachraoui, Roger Strukhoff, David Linthicum

News Feed Item

Alternate Energy Corp. Produces Hydrogen Without Greenhouse Gas (CO2) Emissions

Company's Breakthrough Technology Is First to Economically Produce Carbon Free, Non Polluting Hydrogen Gas; Companies Installing

BURLINGTON, ON -- (MARKET WIRE) -- 03/21/07 -- Alternate Energy Corporation (OTCBB: ARGY), the developer of an innovative technology for the production of hydrogen and certain commodity chemical products, announced today that its breakthrough process technology will produce bulk quantities of pure hydrogen without any emission of greenhouse gases (carbon dioxide) into the environment. AEC's process produces valuable commodity chemicals while producing the hydrogen, but no toxic by-products -- it is a totally "green" process.

AEC believes that its "green" technology for the production of hydrogen is the right technology at the right time. The primary methods of producing hydrogen gas today are "electrolysis" and "steam reformation of natural gas."

Electrolysis, used to produce about 5% of hydrogen today, is known to be highly energy-intensive. The cost of producing and delivering hydrogen from a central electrolysis plant is estimated at $7 to $9 per kilogram. One kilogram of hydrogen is equivalent to one gallon of gasoline. However, burning one gallon of gasoline will produce about 20 lbs. of carbon dioxide (CO2), but to produce that one kilogram of hydrogen by electrolysis will produce about 70 lbs. of CO2.

Steam reformation of natural gas, the method used today to produce about 95% of all hydrogen requirements, costs $4 to $5 per kilogram. However, this process produces carbon and if burned it would produce 11 lbs. of CO2.

Currently there is about $3 billion of hydrogen sold annually on a worldwide basis, a number that is expected to grow significantly as the new "hydrogen economy" takes hold.

Dr. Joseph Romm, Former Acting Assistant Secretary of Energy of the United States, in Testimony to the House Science Committee, stated, "A major technology breakthrough will be needed to deliver low-cost, zero-carbon hydrogen." He went on to say that "the burning of fossil fuels -- oil, gas and coal -- emits carbon dioxide (CO2) into the atmosphere where it builds up, blankets the earth and traps heat, accelerating global warming. We now have greater concentrations of CO2 in the atmosphere than at any time in the past 420,000 years, and probably anytime in the past 3 million years -- leading to rising global temperatures, more extreme weather events (including floods and droughts), sea level rise, the spread of tropical diseases, and the destruction of crucial habitats, such as coral reefs."

Blaine Froats, CEO of AEC, commented, "We can produce hydrogen gas without any emission whatsoever. Not only is it cost efficient, but because the process produces a valuable commodity by-product a profit results. The process involves a chemical reaction that does not require the input of outside energy. When the reaction is finished everything used is spent and therefore there is no waste to be disposed of."

Mr. Froats added, "As discussed in our last news release, we are moving forward in a determined way to contract our first bulk hydrogen production plant, and will announce the commitment as soon as finalized. We remain confident that our process technology will have a strong impact on certain market sectors that will readily move to our environmentally friendly process, and gain 'green credits' for the benefit of us all."

About Alternate Energy Corporation (AEC;

Alternate Energy Corporation (AEC) is energizing the hydrogen economy with its on-demand hydrogen production technology that provides bulk production of hydrogen and saleable commodity chemical products. These systems have global opportunities in multiple market segments. AEC's proprietary discovery in metallurgy and process technology permits the generation of hydrogen through a "green" process at a competitive level to the fossil fuel Kwh cost of energy. AEC believes its systems can have a revolutionary impact on the energy industry. For more information go to:

Forward-Looking Statements:

Statements herein express management's beliefs and expectations regarding future performance and are forward looking and involve risks and uncertainties, including, but not limited to, raising working capital and securing other financing; responding to competition and rapidly changing technology; and other risks. These risks are detailed in AEC's filings with the Securities and Exchange Commission, including Forms SB-2, 10-KSB, 10-QSB and 8-K. Actual results may differ materially from such forward-looking statements.

Mike Mulshine
Osprey Partners
(732) 292-0982
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
The platform combines the strengths of Singtel's extensive, intelligent network capabilities with Microsoft's cloud expertise to create a unique solution that sets new standards for IoT applications," said Mr Diomedes Kastanis, Head of IoT at Singtel. "Our solution provides speed, transparency and flexibility, paving the way for a more pervasive use of IoT to accelerate enterprises' digitalisation efforts. AI-powered intelligent connectivity over Microsoft Azure will be the fastest connected pat...
There are many examples of disruption in consumer space – Uber disrupting the cab industry, Airbnb disrupting the hospitality industry and so on; but have you wondered who is disrupting support and operations? AISERA helps make businesses and customers successful by offering consumer-like user experience for support and operations. We have built the world’s first AI-driven IT / HR / Cloud / Customer Support and Operations solution.
ScaleMP is presenting at CloudEXPO 2019, held June 24-26 in Santa Clara, and we’d love to see you there. At the conference, we’ll demonstrate how ScaleMP is solving one of the most vexing challenges for cloud — memory cost and limit of scale — and how our innovative vSMP MemoryONE solution provides affordable larger server memory for the private and public cloud. Please visit us at Booth No. 519 to connect with our experts and learn more about vSMP MemoryONE and how it is already serving some of...
Darktrace is the world's leading AI company for cyber security. Created by mathematicians from the University of Cambridge, Darktrace's Enterprise Immune System is the first non-consumer application of machine learning to work at scale, across all network types, from physical, virtualized, and cloud, through to IoT and industrial control systems. Installed as a self-configuring cyber defense platform, Darktrace continuously learns what is ‘normal' for all devices and users, updating its understa...
Codete accelerates their clients growth through technological expertise and experience. Codite team works with organizations to meet the challenges that digitalization presents. Their clients include digital start-ups as well as established enterprises in the IT industry. To stay competitive in a highly innovative IT industry, strong R&D departments and bold spin-off initiatives is a must. Codete Data Science and Software Architects teams help corporate clients to stay up to date with the mod...
As you know, enterprise IT conversation over the past year have often centered upon the open-source Kubernetes container orchestration system. In fact, Kubernetes has emerged as the key technology -- and even primary platform -- of cloud migrations for a wide variety of organizations. Kubernetes is critical to forward-looking enterprises that continue to push their IT infrastructures toward maximum functionality, scalability, and flexibility. As they do so, IT professionals are also embr...
Platform9, the leader in SaaS-managed hybrid cloud, has announced it will present five sessions at four upcoming industry conferences in June: BCS in London, DevOpsCon in Berlin, HPE Discover and Cloud Computing Expo 2019.
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
When you're operating multiple services in production, building out forensics tools such as monitoring and observability becomes essential. Unfortunately, it is a real challenge balancing priorities between building new features and tools to help pinpoint root causes. Linkerd provides many of the tools you need to tame the chaos of operating microservices in a cloud native world. Because Linkerd is a transparent proxy that runs alongside your application, there are no code changes required. I...
In his general session at 21st Cloud Expo, Greg Dumas, Calligo’s Vice President and G.M. of US operations, discussed the new Global Data Protection Regulation and how Calligo can help business stay compliant in digitally globalized world. Greg Dumas is Calligo's Vice President and G.M. of US operations. Calligo is an established service provider that provides an innovative platform for trusted cloud solutions. Calligo’s customers are typically most concerned about GDPR compliance, application p...
Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is foundational - something customers routinely cite as a top pain point. In his session at @DevOpsSummit at 21st Cloud Expo, Bill Borsari, Head of Systems Engineering at Datera, explored how organizations can reap the bene...
"NetApp's vision is how we help organizations manage data - delivering the right data in the right place, in the right time, to the people who need it, and doing it agnostic to what the platform is," explained Josh Atwell, Developer Advocate for NetApp, in this interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Druva is the global leader in Cloud Data Protection and Management, delivering the industry's first data management-as-a-service solution that aggregates data from endpoints, servers and cloud applications and leverages the public cloud to offer a single pane of glass to enable data protection, governance and intelligence-dramatically increasing the availability and visibility of business critical information, while reducing the risk, cost and complexity of managing and protecting it. Druva's...
Kubernetes as a Container Platform is becoming a de facto for every enterprise. In my interactions with enterprises adopting container platform, I come across common questions: - How does application security work on this platform? What all do I need to secure? - How do I implement security in pipelines? - What about vulnerabilities discovered at a later point in time? - What are newer technologies like Istio Service Mesh bring to table?In this session, I will be addressing these commonly asked ...
BMC has unmatched experience in IT management, supporting 92 of the Forbes Global 100, and earning recognition as an ITSM Gartner Magic Quadrant Leader for five years running. Our solutions offer speed, agility, and efficiency to tackle business challenges in the areas of service management, automation, operations, and the mainframe.