Fuel Tech, Inc. Announces Commencement of Operations of New FUEL CHEM TIFI Targeted In-Furnace Injection System at a Coal-Fired Unit in the Western United States
June 24, 2022 at 01:40 am IST
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Fuel Tech, Inc. commenced operation of a new TIFI Targeted In-Furnace Injection system at a coal-fired unit in the western United States. FUEL CHEM's TIFI® technology is allowing this customer to burn a more cost-efficient variety of coal than the unit is designed to burn, as they seek to generate power and optimize profitability at full-capacity levels during the high demand summer months. Initial results in reducing slagging and fouling at this facility have been promising.
The revenue potential at this facility, represented by chemical sales, will be driven by power demand and unit dispatch. If the program continues to be successful, FUEL TECH expects that this one new facility will generate full year 2022 revenues of $500,000 to $1.0 million along with historic FUEL CHEM gross margins. FUEL CHEM's TIFI® offers a variety of benefits for coal-fired facilities, including: Fuel flexibility where unit owners are finding that they cannot keep their traditional long-term source of coal in inventory.
Enabling coal unit dispatch where high natural gas prices are providing the opportunity for coal units to bid into regional power markets. The maximation of uptime for units running at high-capacity loads while using fuels that are difficult to burn. A zero-capital investment approach where customers only pay for FUEL CHEM's TIFI® technology when it is needed.
Fuel Tech, Inc. is a technology company, which is engaged in the development, commercialization and application of proprietary technologies for air pollution control, process optimization, water treatment and advanced engineering services. It has two segments: Air Pollution Control technology and FUEL CHEM technology. The Air Pollution Control technology segment includes technologies to reduce oxides of nitrogen (NOx) emissions in flue gas generated by the firing of natural gas or coal from boilers, incinerators, furnaces and other stationary combustion sources. These include NOxOUT and HERT Selective Non-Catalytic Reduction (SNCR) systems, and Selective Catalytic Reduction (SCR) systems. The FUEL CHEM technology segment uses chemical processes in combination with advanced computational fluid dynamics and chemical kinetics modeling boiler modeling for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in coal-fired furnaces and boilers.
Fuel Tech, Inc. Announces Commencement of Operations of New FUEL CHEM TIFI Targeted In-Furnace Injection System at a Coal-Fired Unit in the Western United States