Biotricity Corporation: "Wood you like green electricity?"

Thursday, Sep 03, 2009

Biotricity Corporation announces that last week, headlines in the Wall Street Journal screamed that high-tech green energy is struggling to compete with traditional fuels. Ethanol, cellulosic fuels and biodiesel have all run into strategic business model barriers.

The popular path to alternative energy in America has not been well thought out. Two weaknesses have emerged. First, most green fuels are derived from feedstocks that trade as volatile commodities, such as soy beans and corn; and second, most green fuels depend on new technologies that use overly complex, capital intensive processes that have rendered most biofuels projects uneconomical.

Biotricity is on a path less taken, and that makes all the difference.

Biotricity's technology can take raw waste products such as sawdust, wood chips, corn stover or begasse and convert them directly into electricity. Our feedstocks are abundant and cheap, and our estimated future cash flow compared to capital costs exhibits a far superior return on capital invested. By keeping our feedstock costs relatively low, we plan to produce green power faster and cheaper than our competitors.

"At Biotricity, we believe America needs practical solutions to generating its energy at home in order to reduce our enormous dependence on foreign imports," stated Tyson Rohde, CEO. "Many ethanol and biodiesel processes make for an interesting story, but often don't make sense with current economic conditions," he added. Biotricity has developed a new combustion technology for the burning of woody biomass to generate electricity to address America's growing demand for green power. Biotricity will generate green power from renewable energy sources and expects to reduce carbon emissions that would otherwise result from the natural decay of the biomass it burns. The Company is designing a proprietary Biotricity Power Generator to produce electricity from biomass such as wood chips, sawdust, waste paper, and other organic matter by processing biomass and burning it in a soon to be patented combustion chamber to power a turbine and generate electricity.

Source: Biotricity