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Consolidated Energy is a Salt Lake City, Utah based company which is unique in the energy business by focusing solely on making environmentally responsible use of opportunity fuels derived from the process of refining crude oil stocks and bio-fuels derived from organic materials which are harvested from non-food related crops.

Consolidated Energy was formed by entities with roots in the independent power industry, including wind and hydro power as well as gas-fired combined-cycle and diesel-electric power plants. In early 2007 the company secured the financial backing of the Wasatch Venture Fund, a Salt Lake City, Utah based fund which focuses exclusively on working with driven entrepreneurs to build successful and lasting companies, primarily in the western United States.

Consolidated Energy develops environmentally responsible energy plants by employing proven, commercially available technologies in innovative combinations in order to ensure high availability and economic viability of each project.

The Western Electricity Coordinating Council estimates the need for new electrical generation capacity in the southwestern United States to be over 7,500 megaWatts by 2016. Several proposed projects using traditional coal-fired steam powered generation technology has been put on hold or canceled outright because of uncertainty over the nature of possible future governmental regulations of carbon emissions. At the same time, the rapidly escalating cost of natural gas over the last few years makes state utility regulators reluctant to approve new natural gas-fired combined cycle power plants

By focusing on the use of carbon neutral bio-fuels and developing environmentally responsible projects using opportunity fuels with low carbon emission profiles relative to traditional energy technologies, Consolidated Energy is well positioned to take advantage of the fast growing demand for new energy sources in the southwestern United States.

Consolidated Energy is also focusing on developing projects which have built-in capabilities for achieving carbon neutral emission profiles and is about to embark on a multiyear research program that it believes will ultimately lead to energy projects which will achieve carbon negative emission profiles, in other words, energy projects which will absorb or sequester more carbon than they produce.

Consolidated Energy anticipates developing multiple projects based upon each incremental development of the carbon neutral and carbon negative emission profile technology in order to commercialize each incremental development of the technology and also offset the cost of further research.

   

 

 
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