Clean Energy Pathways is back with a curious product announcement. They had earlier talked about using biofuels to displace coal in electricity plants, and are now back with thermal imaging and other technological gizmos to verify these claims.
They're offering a one-day workshop for coal-burning utilities to demonstrate their claims that biofuel use in a coal fired plant offers many improvements.
It's a product that's specifically targeted to specific government rules. If a coal-fired utility were to buy the biofuels offered by Clean Energy Pathways, they can (while running a coal plant) earn renewable energy credits and be recognized as using renewable fuels. It strikes me as a form of greenwashing but maybe there's some value to it.
DOTHAN, Ala., Dec. 21, 2011 (GLOBE NEWSWIRE) -- Btu-substitution with liquid biofuels can make EPA compliance a net plus for coal-burning utilities, according to Clean Energy Pathways Inc. (Pink Sheets: CPWY). The company backs that assertion with a free one-day workshop for coal-burning utilities entitled, "The Care and Feeding of Boiler Tubes." The workshop explains how Btu-substitution with liquid biofuels can be coupled with infrared thermal monitoring to optimize boiler efficiency, while aiding compliance with the Renewable Fuel Standard (RFS2) and Cross-State Air Pollution Rule (CSAPR). Led by Wayne Ruddock, a professional infrared thermographer and instructor with 30 years' experience, the workshops are aimed at plant management, fuel procurement, environmental compliance and maintenance officers, particularly those in the 28 states affected by CSAPR.
CONTACT: Harrison Parrish 866-492-5325 investor@cepathways.com