One of the industry leaders in clean technology, Acceleware (TSXV:AXE) is gaining recognition for its innovative electromagnetic EM Powered Heat solutions. These solutions are built on a patented technology platform and offer substantial operational cost savings by significantly reducing energy consumption compared to traditional fossil fuel-based heat systems.
The EM Powered Heat technology represents a groundbreaking approach to emissions reduction and energy management. It effectively eliminates Scope 1 GHG emissions through two key methods: optimizing energy consumption to reduce overall energy demand and transitioning to electric power to further reduce emissions. Additionally, by utilizing renewable power sources, the technology can also eliminate “scope 2 emissions,” providing a comprehensive solution for reducing carbon footprints.
Key differentiators of EM Powered Heat include its remarkable 98 percent energy efficiency, compatibility with intermittent power sources, scalability from 250 kW to 100 MW, suitability for high-temperature and high-power applications, ongoing pilots in mining and energy sectors, and support for electrification in various industries.
Acceleware is also leveraging its clean tech inverter (CTI) to electrify and decarbonize mining processes, offering cost-effective solutions for drying mineral ores, calcining, thermal fracturing, and other process heat needs. The company’s RF XL technology, a replacement for steam-assisted gravity drainage, is estimated to reduce capital and operating costs by more than 50 percent, providing faster returns on investment and higher profitability.
In a recent development, Acceleware was awarded the second phase of a potash ore drying project by the International Minerals Innovation Institute (IMII). This project aims to further validate the use of RF energy from Acceleware’s CTI for drying potash ore and other minerals, supported by industry leaders like BHP, Cameco Corp., Fission Uranium Corp., The Mosaic Co., and Nutrien Ltd.
Investors are urged to monitor Acceleware closely as the company continues to innovate and expand its impact on the clean technology landscape, offering transformative solutions for energy efficiency and emissions reduction across multiple sectors. This sponsored content is issued on behalf of Acceleware Ltd. For full disclaimer, please refer to the provided link.
