SOURCE: Plasma2Energy

May 09, 2011 09:00 ET

Plasma2Energy Selected as One of Fifteen Finalists to Compete at TechConnect World's CTSI Utility Technology Challenge

Plasma2Energy to Showcase Its Patented Microwave-Induced Plasma Gasification Process That Turns Household Waste Into Crude Oil or Energy

EDINBURG, TX--(Marketwire - May 9, 2011) - Plasma2Energy, a wholly-owned subsidiary of Plasma Gasification Corp., today announced that it was selected as one of fifteen finalists that will be presenting at the CTSI Utility Challenge at TechConnect World Conference in Boston on June 14 at the Hynes Convention Center. Hosted by the Clean Technology Sustainable Industries Organization (CTSI), the goal of the Utility Technology Challenge is to identify and showcase the top technology solutions that can be adopted by utilities and municipalities.

"The CTSI Utility Challenge is a great platform for Plasma2Energy to show the world what our technology can do to help the energy crisis we are facing as a nation," said Rodolfo Sanchez, CEO and founder of Plasma2Energy. "We are honored to be selected out of more than 100 companies that provide alternative energy solutions."

Plasma2Energy has a patented technology that uses microwave-induced plasma gasification to turn waste into electricity or crude oil. The synthetic gas (syngas) it produces can be converted to power up about 1,421 homes or 3.14 barrels of crude oil for every ton of municipal solid waste (MSW) per hour. According to a 2009 EPA report, about 243 million tons of trash generated every year in the U.S. and fifty-four percent end up in landfills.

"The total amount of trash buried and sitting in landfills is a huge source of unexploited energy," added Sanchez.

To learn more about the CTSI Utility Technology Challenge at TechConnect World, please visit: http://www.techconnectworld.com/Cleantech2011/challenge.html

ABOUT PLASMA2ENERGY

Plasma2Energy, is a wholly-owned subsidiary of Plasma Gasification Corp., an alternative energy solution company based out of Edinburg, TX. Plasma2Energy provides clean alternative and renewable energy solutions by utilizing its patented plasma gasification process that converts waste into synthetic gas (syngas), which can be converted into electricity or crude oil. For more information about Plasma2Energy, please visit: http://plasma2energy.com.

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