Click link for entire article: InvestorIdeas Cleantech Alert – Fuel Savings in Trucking Industry as Sector Faces Volatility – UK Fleet Engineer Praises 9% Fuel Savings in 2-Year HydraGEN TM Pilot Project
|May 19, 2021 – Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks (Renewableenergystocks.com) issues a sector snapshot looking at recent news on the demand for fuel savings in the fleet/trucking sector.
According to a recent article in Fleetowner.com “About 75% of the fleets are investing in idle reduction technologies, up from about 65% in 2019.”
With the recent fuel shortages causing panic buying at fuel pumps across the US and spreading into eastern Canada, energy savings are a hot topic. The last few years of stability in fuel prices can no longer be counted on and new accelerated demand for fuel economy and savings will be a ‘must have’ for the trucking industry.
Looking at the direct impact, a recent article reports, “Research shows that fuel costs can constitute 60% of a company’s operating budget.”
A leading trucking fleet operator in the United Kingdom is using dynaCERT’s (TSX:DYA.TO) (OTC: DYFSF) HydraGEN™ advanced technology to achieve net-zero annual carbon emissions in its trucking fleet after experiencing “significant” fuel savings with the device.
“After two years of testing and running HydraGEN™ units on our vehicles, we have seen an average fuel savings of 9% during summer and winter operations” said Stephen Madden, Group Fleet Engineer at Russell Group Engineering based in Glasgow Scotland.
The results and comments are detailed in an interview published in the latest edition of Private Motor Carrier Magazine (pmtc.ca).
Madden reveals the company has been intrigued by the ability “to outfit our existing fleet with a low-cost installation in order to meet our carbon reduction targets …the reason we have included HydraGEN™ in our transitional plans is because it provides results in a short period of time and requires very little maintenance.”
Russell Group is moving aggressively to slash carbon emissions and is among the first 100 signatories for Amazon’s Climate Pledge, agreeing to measure and report greenhouse gas emissions on a regular basis towards the goal of net-zero.
He adds “HydraGEN™ actually pays the end-user to be green,” praising the unit’s ability to prevent build-up in the DPF (Diesel Particulate Filter) compared to his fleet vehicles operating under the same parameters and it reduces their maintenance costs.
Russell Group’s effort to reduce the trucking industry’s carbon footprint includes its commitment as a HydraGEN™ Technology dealer in Europe.
The success of the company’s fleet in slashing carbon emissions is profiled in the current edition of Private Motor Carrier Magazine, the official publication of the Private Motor Truck Council of Canada.
Russell Group Fleet
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dynaCERT Inc. (TSX:DYA.TO) (OTC: DYFSF) is a featured Cleantech/Hydrogen stock on Investorideas.com
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Russell Group Fleet
Lowering carbon emissions and offering greater fuel efficiency
dynaCERT (TSX-DYA) (OTCQX-DYFSF) manufactures and distributes carbon emission reduction technology for use with internal combustion engines. As part of the growing global hydrogen economy, its patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system. It also supplies these gases through the air intake. This enhances combustion, resulting in lower carbon emissions and greater fuel efficiency.
Further, the company’s technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment, marine vessels and railroad locomotives.
To further explain, the technology improves the fuel economy by an average of ten to fifteen percent. However, more importantly, it reduces the emissions by an average of 50 percent. Nitrogen Oxide is what’s driving the greenhouse problem that we see today. “Our technology reduces that NOx by up to 88 percent right at the combustion, right at the burn within a diesel engine,” says President and CEO, Jim Payne.
dynaCERT also has worldwide patents. The company has gone to great extreme to have its technology proven worldwide and be tested, verified and certified globally. Additionally, they now have offices in Europe.
“We have a technology right now that can make such a significant difference in the world and at the same time pay for itself. I mean, I think that’s a very, very attractive solution,” says Payne.
Aether Catalyst announced a $500,000 non-brokered private placement in June and has now amended the terms of the financing to up to $525,000 priced at $0.15 per unit which includes a one half warrant priced at $0.25 for a period of 12 months.
One of the successes that Aether has had over the past three years is the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) funding which contributed over $450,000 to the company. On August 24th, Aether announced an additional non-repayable contribution of up to $250,000 alongside another up to $20,000 funding through NRC IRAP’s Youth Employment Program. This funding is indicative that the NRC IRAP has sufficient confidence in Aether’s technology to continue to support its development. The contribution will support their research and development project and enable Aether to significantly speed up the time to get its technology to market by allowing additional capital and human resources to be dedicated to the project.
Given COVID’s effect on the ability of the large manufacturers returning to their R&D departments, Aether is continuing its development on the low cost catalyst for automobiles but also targeting the urban air polluters such as lawn mowers and leaf blowers. These small motor engines cause much more greenhouse gas emissions than we realize and environmentalist are targeting change for this. Aether feels that their technology could be implemented on small motors at a price point that would not adversely affect the sale of them.
In early August, COO of Aether Catalyst, Greg James, was asking to present at the North American Monetary Metals Summit. Greg and the Organizer, Robert Kientz discuss the significance of Aether’s technology which reduces the use of precious metals for catalytic converters and how this could save the automobile industry billions. https://www.youtube.com/watch?v=LurzQXz-tWQ&t=1053