Free or low cost Fuel
The Phoenix genset can be equipped to operate on either waste (used) oil or Natural Gas. In the case of used oil, the fuel is essentially free since it is a byproduct of facility operations. It has already served its intended purpose and has been previously expensed. If fueled by Natural Gas, the extremely low cost and massive availability makes it an extremely attractive fuel source.
The Phoenix genset utilizes a high-tech Phoenix Steam Generator (PSG) and an external combustion engine. In this configuration, the fuel stays in the combustion chamber much longer than an internal combustion engine. This allows the fuel to be more thoroughly burned, which greatly minimizes harmful emissions to the atmosphere. A gasoline or diesel-powered engine uses explosions to power the engine. These explosions last only a millisecond which does not allow the fuel to be completely burned; thereby, exhausting more pollution. The Phoenix genset emissions are essentially free of NOx, with insignificant SO2 levels. In addition, there is virtually no "burned oil" odor from the unit, as opposed to some commonly commercially-available oil burning/heating units.
no Groundwater Contamination
Waste (used) oil is a potential soil, surface water and groundwater contaminant. A very small percentage is actually re-refined and some is used for other purposes. Unfortunately, a large portion is disposed of incorrectly. According to the U.S. Environmental Protection Agency, waste oil from one oil change can contaminate 1 million gallons of fresh water. The Phoenix genset thoroughly and cleanly combusts the fuel in the PSG, which eliminates the potential release of the waste oil to the environment.
Cradle-to-grave liability and associated liability insurance costs are eliminated due to the fact that all of the waste oil is burned in our genset. There is no need to have it disposed of in landfills or transported off site by third party collectors.
Unlike common waste oil heaters, the Phoenix genset can operate year-round and in regions with warmer climates (i.e., Southern and Western regions of the U.S.). Since it produces electrical power plus ambient heat (Combined Heat and Power [CHP]), it has much more flexibility in how it is used. In addition, unlike wind or solar power, the Phoenix genset is not restricted by the lack of wind or sunshine.
return on investment
The Phoenix genset is designed to produce electricity that can be used to power operations or transferred back to the grid. Due to this reduced need for expensive electricity from the utility company, we anticipate a payback time of around two to three years and positive cash flow within 12 months, in most instances. The Return on investment should exceed the 30% range.