Technologies Pitch The Public To Help Them Win SAFE Energy Security Prize: SeaChange Group
(Securing America’s Future Energy) Today’s low prices at the pump may have many people believing our nation’s energy security problem has been solved, but don’t be fooled. The truth of the matter is energy security can only be achieved by tackling oil’s near complete monopoly over our transportation sector, of which it powers 92 percent, and insulating our economy from oil price shocks inherent to a volatile global oil market. To that end SAFE is proud to support the advancement of next generation technologies that have the potential to reduce U.S. oil consumption and diversify the fuels that power our cars, trucks, and aircraft.
The 2015 Energy Security Prize, Powered by The InterTech Group awards a grand total of $175,000 to three technologies that prove they can significantly reduce U.S. oil consumption. The grand prize winner will receive $125,000, the first runner up $35,000 and the second runner up $15,000.
Truly innovative technologies cannot just be impressive concepts or machinery, they need to be marketable and cost-effective, as well as accepted and embraced by the public. We’re proud to share the cutting-edge products of this year’s four Prize semifinalists and ask for your help in determining the winner. Hear straight from the entrants below on their plans to reduce U.S. oil dependence, why they should win the grand prize of $125,000, and then cast your vote for the most promising technology.
…
SeaChange Group
by Geoffrey Lamdin, Founder & Director
SeaChange Group (SCG) has two really exciting fuels that provide important, measurable, meaningful reductions in the amount of petroleum diesel in the marketplace.
Our Eco-Hybrid™ Fuel and Bio-Eco-Hybrid™ Fuel can reduce petroleum diesel use from 35 percent to 100 percent respectively.
The first, patented Eco-Hybrid™ Fuel (EHF), replaces 35 percent of the petroleum diesel required in a diesel fuel. EHF™ uses glycerol, the primary byproduct from biodiesel production, emulsified with ultra-low sulfur diesel. The other (patent-pending) is Bio Eco-Hybrid™ Fuel, a glycerol emulsion with bio-diesel. Thus the entire product is bio-renewable. Bio-EHF™ replaces 100 percent of petroleum diesel. Additionally, these fuels are expected to be less expensive than regular diesel.
Initially, we are tackling an important opportunity for oil displacement: maritime vessels, locomotives and heavy-duty off-road equipment. SCG’s Eco-Hybrid Fuels markedly reduce oil use and emissions from all manner of seafaring vessels while eliminating the need for costly add-ons such as exhaust scrubbers. Our fuels will significantly impact the 154 billion gallons of annual petroleum fuel consumption by small and mid-sized shipping. Currently SCG is undertaking sea-trials with Maine Maritime Academy. EHFs will make a critical difference in the 65,000 deaths attributed to vessel emissions each year. We are dedicated to less petroleum, markedly fewer emissions, and a safer, healthier environment.
…
Funds from the Energy Security Prize will immediately enable SCG to scale up, take its fuels to the early market within 12 months, add professional management and technical personnel, and reduce the need for investment by leveraging additional matching funds. READ MORE