ENECO Announces Breakthrough In Direct Energy Conversion

(July 19th 2006) – Salt Lake City – ENECO, Inc., a US-based energy savings and clean technology developer, has this week announced details of a breakthrough in energy conversion with exciting potential benefits for a range of multi-billion dollar markets.

ENECO’s “Thermal Chip” is essentially a new type of semiconductor which directly converts heat from any source into electricity, delivering energy and power conversion three to five times more efficiently than present alternatives, and producing commercial products that are likely to be up to ten times cheaper than the competition.

The flexibility and scalability of the chip also means that there are a vast number of potential applications, and the technology is attracting attention from a variety of industries. One of the company’s initial focuses is portable power, a prospect that appeals to ENECO’s chairman, Max Lewinsohn. “The world battery market is worth around $50bn a year, and is growing rapidly to meet consumer demand for more wireless and handheld products and devices,” says Lewinsohn.

“The reduced size and weight of our chips make them perfect to meet the practical needs of a significant segment of this market, and they will be able to deliver what the existing battery industry increasingly can not - high performance at low cost.”

As well as ongoing defence contracts, the company is also pursuing various applications with parties active in the automotive, solar power and uninterruptible power sectors.

The company, headquartered in Salt Lake City, is privately-funded and has been researching and perfecting the technology quietly since 1999. This long process involved working closely alongside the relevant scientific organizations and specialists to ensure authoritative independent verification and the subsequent widespread acceptance of the technology.

As a result, the field’s reference ‘bible’, the CRC Handbook of Thermoelectrics, now has a chapter devoted to ENECO’s technology. The thorough development stage has also ensured the company now has broad protection from a spread of US and international patents.

About ENECO’s technology

ENECO’s Thermal Chip is in some respects similar to a fuel cell, but a fuel cell converts the chemical energy of a fuel to electricity whereas a Thermal Chip converts heat energy to electricity. Its energy density (a measure of power production for a given weight or size) is 5 times better than current lithium-ion-batteries and 2-4 times better than future micro fuel cell capabilities projected for 2010. The Thermal Chip has the following key characteristics:

• Energy density efficiencies far in excess of all other available technologies.
• Reduced weight and size to fit with the new portable power needs of consumer electronics.
• Semiconductor technology that allows for efficient manufacturing, high reliability, long life, and low maintenance.
• Ability to convert waste heat economically and directly into electric power without moving parts to wear or make noise.
• Readily scaleable from very small to very large applications without losing efficiency or cost effectiveness.

For further information, contact:
Tristan Lewinsohn
Business Development Manager
tlewinsohn@eneco-usa.com
+44 207 349 8838

This release was published on openPR.