ASX Category: Utilities
Enerji Ltd is a thermal energy company. Rather than producing energy from the sun, wind or burning coal, Enerji uses technology that can reclaim heat from power generation and industrial processes and convert it into electricity. Because this energy generation process is simply utilising heat that is usually wasted, the power produced is considered free from emissions. This sustainable and efficient method reduces the consumption of electricity from the grid and/or fuel generators. This process saves a company money and helps to protect our environment by limiting carbon emissions which increase the ability of the atmosphere to hold heat from the sun and therefor contribute to damaging human induced climate change.
All active systems have energy inputs and outputs and much of the heat energy that is generated by industry is simply wasted. Two key areas where this happens is during smelting and anywhere that steam is generated in an ongoing fashion. As you can image, early engines were powered by steam so it is truly a massive waste of energy to simply let it vent off without recouping some of that power and converting it isn't electricity. A study by the International Energy Agency suggests that up to 48% of the energy we generate as a species is wasted in the form of unused heat. It is this inefficiency that Enerji is aiming to capitalise on.
ATEN is the core technology owned by Energi. It is a modular system for gathering and transferring heat energy from an assortment of sources. This permits the company to use many differing grades of unutilised heat energy and join numerous of these sources to form a general accretive yield. The ATEN system can be easily transported to a work site where it can be installed without major interruptions to existing business operations. Enerji has made considerable investment in its unique Accretive Thermal Energy Node (ATEN) technology.
Enerji is based in Subiaco, Western Australia.
*source: International Energy Agency Electricity Information Statistics 2014, worldwide: not including combined heat and power plant.