By Greentech Lead America: NTE Energy, a developer
of commercially viable hybrid renewable energy technology, has received a
patent for its proprietary biomass hybrid renewable energy technology from the
United States Patent & Trademark Office.
NTE Energy has partnered with EIF, a private equity firm
focused on the power industry, in the development of this hybrid technology.
This technology allows the simultaneous operation of
a biomass energy cycle in concert with a traditional power
plant. NTE Energy’s patented hybrid technology integrates biomass and
conventional steam electric generating technologies into a single efficient
hybrid renewable power generation facility.
This proprietary technology will allow for greater renewable
energy production in a more cost efficient manner. The addition of
hybrid technology to an existing generation facility provides substantial
capital cost savings over stand-alone biomass facilities through the use of a
shared steam turbine and other common major equipment and systems.
The technology can be integrated into the design of new
combined cycle plants or retrofit onto almost any existing power plant that has
excess steam turbine capacity including those combined-cycle plants employing
duct burners.
“Our technology will help generators provide reliable,
low cost, efficient electricity, while creating new economic opportunities and
jobs. NTE Energy’s hybrid technology creates significant benefits by decreasing
use of fossil fuels in power generation, increasing domestic renewable energy
production, and providing the forestry and agriculture sectors with solutions
for their biomass residuals,” said Seth Shortlidge, president and CEO of NTE
Energy.
NTE Energy will utilize this technology in the
development, construction and operation of new hybrid renewable power
generation facilities located throughout the United States. The company also
will license the technology to other parties, including independently owned
hybrid renewable energy facilities.
“Hybrid technology allows utilities to provide renewable,
baseload power from a native biomass fuel that also helps to diversify the
regional generation portfolio,” said Mark Daley, executive vice president of
Sales and Marketing.