LONDON, April 23, 2015 /PRNewswire/ --
Overnight, the US government has created an annual $2-billion mercury control industry that Warren
Buffet has already invested more than $30
million in, as the Obama administration makes the final play
in its regulatory war on the $120-billion coal-fired segment of the power
industry.
The EPA's new rules took effect on 16 April and curb mercury
pollution from power plants, adding 28 states to the 22 states that
already regulate mercury emissions. More limits are expected this
summer.
The new technology required to control mercury emissions at
coal-fired power plants is now where all the money is shifting.
One of the biggest winners of this new federally mandated
industry is one of the smaller players - Midwest Energy
Emissions Corp. (MEEC), which has already booked $40 million in annualized revenues from
billion-dollar utility companies for 2016.
Ohio-based MEEC is storming the
new regulatory scene with second-generation mercury radiation
technology that has won five major, multi-year utility company
contracts for 15 coal-fired power units.
The company boasts patented (25 worldwide), proprietary
technology that allows coal-fired utilities to meet the EPA's new
stringent regulations cost-effectively and with minimal
disruptions.
In total, MEEC has already won $100
million in existing long-term contract revenues for 2015
through 2018, and expects to reach 40-60 energy units contracted
out by the end of next year. This would potentially put MEEC's
revenues in excess of $100 million by
the end of 2018.
MEEC says its technology is up to 50% more efficient than
anything else out there. It also says it has a 50% cost advantage
over its larger competitors.
This is a small company, and its stocks appear to be
undervalued, which means that investors can get in on the ground
floor at the very beginning of this new $2
billion/year industry.
Small-cap, pure play pollution control technology stocks-such as
Midwest Energy Emissions Corp. (OTCQB:MEEC), Calgon Carbon
Corporation (NYSE:CCC), Fuel Tech Inc (NASDAQ:FTEK), Advanced
Emissions Solutions, Inc. (OTCMKTS:ADES) and Albemarle Corporation
(NYSE:ALB)-is the way to play this game.
Coal-burning utilities giants such as Duke Energy Corp.
(NYSE:DUK) and Southern Co. (NYSE:SO) have been fighting these new
regulations tooth and nail, but now it's inevitable-so, too, is the
new $2 billion/year mercury
remediation industry.
Oilprice.com
SOURCE Oilprice.com