MONDAY, DECEMBER 1, 2003

GEOTHERMAL ENERGY BULLETIN

A Daily News Summary Covering Geothermal Energy

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Industry Report

Power Tube to Develop Prototype of 'Geomagmatic' Technology

Austin, TX-based clean energy power developer Power Tube, Inc. recently announced it has completed a successful engineering review of its "Argus" technology for "turning the heat of the Earth into electrical power" and now plans to develop a prototype.

According to Power Tube, Argus is a "closed-loop, renewable power plant" that can produce up to 10 megawatts of electricity, or enough to power 5,000 to 8,000 homes in the U.S. Power Tube noted that a key component of Argus technology, which the company has dubbed "geomagmatic," is the use of a thermal riser, a "self-contained device that circulates a thermal transfer fluid within a single tube," to bring the heat up to the boiler instead of using injected water or steam.

The geothermal energy boils a working fluid within the boiler and the gas produced spins a turbine to generate electricity and then cools back down into a liquid, where the process continues," said Power Cold. "Because it does not rely on surface water, this approach significantly increases the number of sites that can use the heat of the Earth to provide electricity."

Contact: Power Tube, website http://www.powertubeinc.com.

(EIN STAFF: 11/18)
 

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