AEP awards CoaLogix subsidiary five-year contract for SCR catalyst regeneration

Source: Acorn Energy, Inc. 

CoaLogix Inc. announced that its subsidiary, SCR-Tech, LLC, has received a five-year blanket contract that establishes provisions for SCR catalyst regeneration for American Electric Power (AEP)'s fleet of units equipped with selective catalytic reduction (SCR) systems. The long-term agreement will enable AEP to optimize its catalyst management program by including regeneration in its catalyst management options. SCR-Tech has already regenerated over 340 SCR catalyst modules for use at two of AEP's coal-fired power plants. 

According to Bill McMahon, CEO of CoaLogix, "This is the second long-term agreement that a major utility company has entered into with SCR-Tech in less than a year. To be selected by a utility such as AEP to perform such a critical environmental service is truly an honor. We expect almost all utilities to include regeneration in their catalyst management strategy to help them be more profitable and efficient in their operations. We will utilize both regeneration plants here in Charlotte to serve this contract." 

CoaLogix has proven that regenerated SCR catalyst: 

-- Costs approximately 40% less than new
-- Has a shorter lead time than new catalyst
-- Eliminates the burden of land filling used catalyst
-- Reduces the carbon footprint by 66% in comparison to new catalyst production

To date, CoaLogix has regenerated over 21,000 modules of catalyst, many during actual plant outages. In addition, CoaLogix has over 40,000 MW under contract for catalyst management services. CoaLogix' NOxAssure program currently consists of over 3,000 modules of plate, honeycomb and corrugated catalyst of various specifications, representing over $30,000,000 of "new value" to coal-fired power plants.

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