Investing 400 million in Xanthi for "cold fusion" of hydrogen

Energy Press ^ | June 23 2011 | Energy Press

[Kevmo]

Presented on Thursday, finally, officially, the energy investment project of the Greek company Defkalion Green Technologies SA on the industrial application of scientific discovery of the famous "cold fusion nickel and hydrogen" Italian professors Sergio Foccardi and Andrea Rossi has created great interest internationally.

Investing a total budget of 300 to 400 million, includes three industrial units, which will settle in Thrace.. This will produce a massive reactor nickel - hydrogen, the second, based on the reactor will produce household units for heat energy capacity 10 - 30 KW and the third will produce large units 1 - 3 MW. Based on the timing of investors by the end of July we produced the first laboratory reactors, and since November there will be regular industrial production. In January the planned market introduction of small household units. Funding is completely private and comes from Greek Canadian funds through the Cyprus company will participate by 64%. The remaining 36% belongs to various Greek investors, none of which has not been up over 4%. The product

. The starting point of the matter is the revolutionary invention of fusion reactor Hydrogen and Nickel (cold fusion in a controlled environment), made by two Italian scientists from the University of Bologna, the Sergio Foccardi and Andrea Rossi, which was officially presented on January 14 in Italy. Based on this discovery can be produced cheap energy, with very low, almost negligible compared with the current data, since the reactor can produce more energy than it consumes in its operation. The rights to use and industrial use (for non-military purposes) of the invention of the Italians for the whole world except the United States took the Greek-diversified company Defkalion. The company took care, supported by Greek scientists, to "translate" technical scientific results and create a device that after initial activation, generates heat without need for additional power and without creating pollution or harmful radiation to humans The thermal energy that can be used to produce hot water and space heating and a rate of around 40%, be converted into electricity through a common converter (inverter). According to company officials, the cost for acquiring the device will not exceed 4,000 to 5,000 euros, while around 500 - 900 euros is the cost of the converter to produce electrical energy. The excess electricity, as with domestic PV systems can be fed into the electrical system and is bought by DEI, providing income to the producer The method, apart from domestic use, can be applied to energy production in agriculture, livestock, crafts, businesses, public buildings and, under conditions in industry. The scientific basis of unit

. The cold fusion process that is underlying science unit, is a "hot" field of physics that has caused heated debates in recent years. It is a reaction that occurs at room temperature, in which two smaller nuclei together to form a larger simultaneously releasing great amounts of energy. During the 80's Pons and Fleishmann claimed that they had reached a cold fusion reaction, but their experiment could not be repeated. Από . Since any theory and hypothesis of cold fusion was rejected, thus creating a stream of scientific reticence on the subject . Despite this skepticism a small portion of scientists continued to investigate the matter.

. The last new subversive came from Italy and are those which have started to create the specific application . Two scientists, engineer Andrea Rossi and Prof. Sergio Focardi, University of Bologna, was demonstrated publicly on January 14 of this year's time, a cold fusion device capable of producing 12.400 Wh heat entering only 400 W power. . The Italian scientists showed that a new production of green energy with common materials (Nickel and hydrogen catalyst), with little cost and without emitting air pollutants or radioactive waste. Their results were confirmed by independent measurements already third and receiving positive reviews from physical size first as professor at the University of Uppsala Sven Kullander, president of the National Academy of Sciences Energy Committee, the Hanno Essén, professor at the Swedish Royal Institute of Technology, the Dr Edmud Storms etc. There are few who argue that the specific effect of Engineering and Natural Rossi Focardi creates the need to ... . rewrite certain chapters of physics.

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[Kevmo]

This is an article originally published in Greek at Energy Press.

[Kevmo]

http://translate.google.com/translate?js=n&prev=_t&hl=sv&ie=UTF-8&layout=2&eotf=1&sl=el&tl=en&u=http%3A%2F%2Fenergypress.gr%2Fportal%2Fresource%2FcontentObject%2Fid%2Fca24b411-93c5-4baf-8a5f-2d06d74e9424

[Kevmo]

http://energycatalyzer.blogspot.com/2011/06/updates-on-todays-press-release-in.html

Updates on todays press-conference
Energypress.gr posted a summary of the E-Cat, on the occasion of todays press-conference.
It is interesting to note the following quite dramatic claims;
-The first prototype reactors will be produced by the end of July, regular production will begin in November, and the first household units will be introduced next January.
-The cost of the E-Cat that produces heat will be about €4000-5000.
-A converter to produce electricity from the unit will cost an extra €500-900.
You can read the article here, translated via Google

[Kevmo]

The Cold Fusion Ping List

[babygene]

Ping for Later reading

[Jack of all Trades]

IF it actually works, I thought it was only a heat source. You’re going to need more than an inverter to generate electricity, like a boiler and a steam turbine generator head. Ah what are small details like that when no one can explain how it works...

[dangerdoc]

I remember people saying that Rossi was legit because there he was not looking for investment money.Apparently, he was just looking for bigger investments. This news story is not reassuring.

I wonder which will happen first, industrial LENR power plants or the Greek economy failing.

[betty boop]

Suffice to say, that Greece possesses 83% of Europe’s Nickel deposits, a key strategic consideration. Furthermore, at this time of the global financial crisis, Greece is faced with a golden opportunity to become energy self-sufficient, gain in employment in one of its most underdeveloped regions, as well as become a technological leader in this new scientific field.

Hope it all works out for them!

That's quite aside from consideration of the monumental breakthrough in physics, should it turn out this Hydrogen-Nickel cold fusion technology is "for real."

Thank you so very much for posting this fascinating article, dear Kevmo! I'd love to see the science back of this.... Please keep me posted on developments?

[Gondring]

“Greek Canadian funds”?!?

What a scam this whole thing is.

[super7man]

Anybody else in the scientific community been able to reproduce this.

Or..... maybe there is just a consensus that it will work.

[The Cajun]

-A converter to produce electricity from the unit will cost an extra €500-900.

Would have expected something a lot pricier to be in the 5 to 10 KW range.

Probably will not be something that *spins* and probably an anemic KW output..........Just guessing.

[Gondring]

It became pretty obvious when the Italian patent wasn't filed under a nuclear-process category, but under

PROCESSES OR MEANS, e.g. BATTERIES, FOR THE DIRECT CONVERSION OF CHEMICAL ENERGY INTO ELECTRICAL ENERGY (electrochemical processes or apparatus in general C 25; semiconductor or other solid state devices for converting light or heat into electrical energy H 01 L, e.g. 31/00, 35/00, 37/00). http://www.freerepublic.com/focus/f-chat/2717510/replies?c=77

As mugwump56 pointd out, "It would appear the Rossi patent has slipped past as a chemical reactor in which case its possible a practical demo of the device for patent examiner's benefit never occurred."

Then you have the ridiculous claims of huge amounts of energy that generate little puffs of (visible?) steam. I suppose there's no steam jet because the cold-nuclear process opens up a wormhole that bleeds it off into another dimension. </sarc>

[Paperdoll]

BUMP

[Paperdoll]

BUMP

[Kevmo]

Thank you so very much for posting this fascinating article, dear Kevmo! I’d love to see the science back of this.... Please keep me posted on developments?
***As a matter of fact, I’ve been meaning to pint the two of you to KP Sinha’s conventional physics theory on cold fusion.

I have begun keeping a cold fusion ping list, if either of you want on it let me know.

what’s yer take on this:

A model for enhanced fusion reaction in a solid matrix of metal deuterides

http://www.freerepublic.com/focus/f-news/2732072/posts
Wednesday, June 08, 2011 10:14:09 PM · by Kevmo · 35 replies
International Conference on Condensed Matter Nuclear Science. 2008 ^ | July 2008 | K P Sinha

[Da Coyote]

I hope to heck I’m wrong about this, but methinks this group has as much chance of producing a product as the Obamaloon has of producing a real birth certificate.

[Da Coyote]

I hope to heck I’m wrong about this, but methinks this group has as much chance of producing a product as the Obamaloon has of producing a real birth certificate.

[stinkerpot65]

This could be a scam, but if it works, it will be interesting to see how the liberals react. Global warming, if it exists, will be resolved, but the environmentalists will no longer have global warming as an excuse for Marxism.

I’m betting the liberals will try to squelch it. Might also explain why the MSM has ignored this story - clean cheap energy will undercut their dream of global socialism through environmentalism.

[Drill Thrawl]

It's all true. The calculations where proved on a highly scaled sucabA.

/s

[Domalais]

Scam.

IIRC, Defkalion is a front company created by Rossi to fleece whatever investors he could find to throw away money at the project.