Midwest Energy Emissions said that its mercury emissions control technology has been chosen by a large coal-power cooperative in the Southwest US that will be worth about $2 million yearly.
The initial system installation will is valued at $2.4 million this year, with yearly revenue starting in 2015.
EPA’s Mercury and Air Toxic Standards (MATS) rule requires that coal- and oil-fired power plants larger than 25 MW remove roughly 90 percent of mercury from their emissions beginning April 16, 2015, with limited extensions granted for compliance in April 2016. The company says its patented technology has been shown to achieve mercury removal levels compliant with MATS at a significantly lower cost and with less operational impact than currently used methods.
