ECOstocks Features: Evergreen Energy, Inc (NYSE: EEE)
Apr 17th, 2009 by beststockreport
Company Overview
Evergreen Energy, Inc. (NYSE: EEE) is a clean coal company focused on developing its K-Fuel process. The Company’s goal is to leverage a vertically integrated, coal-based platform to deliver clean, efficient and affordable energy. It intends to meet the needs of public utility, industrial and international market customers by providing economical solutions to environmental emission standards compared to other emission standard alternatives. Its proprietary K-Fuel process uses heat and pressure to physically and chemically transform high moisture, low-Btu coals, such as sub-bituminous coal and lignite, into a more energy efficient, lower-emission fuel.
Coal is the cheapest and most abundant source of fuel for generating America’s electricity. The Company currently has four segments:
The Plant segment primarily represents revenue and costs related to its Fort Union plant and its mine site in Gillette, Wyoming.
The Mining segment represents its mining operations at its Buckeye location and includes certain marketing personnel, the ash disposal facility and the blending facility.
The C-lock segment reflects the operations related to its worldwide sub-license of a technology to standardize the measurement of carbon emissions in energy and agricultural related activities.
The Technology segment is comprised of all other operations that use, apply, own or otherwise advance the Company’s proprietary, patented K-Fuel process, including its headquarters and related operations, activities of Evergreen Energy Asia Pacific and KFx Technology, LLC, which holds the licenses to its technology.
The Company relies on a combination of patent, trademark and trade secret rights to establish and protect its proprietary rights. It currently has a series of patents and patent applications on its K-Fuel process. The indirect competition to K-Fuel refined coal includes electrical generation from natural gas, nuclear fuel, oil, wind, bio-fuels, and other renewable energy sources.
Over the past few years, pricing trends for a number of these alternatives have enhanced the competitive position of K-Fuel.
Learn More at www.evgenergy.com
EEE could be the next
big winner in the Green
Energy Sector!EEE is providing cost effective
solutions to global energy and
environmental needs.
Save the planet, make a profit
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