Free Energy International Inc. is listed on the Toronto Venture Exchange (Symbol: FFX) and headquartered in Richmond, British Columbia, Canada.
Its wholly owned-subsidiary Free Energy Solutions Inc. is focussed on developing breakthrough technologies using thermal superconducting materials for the heating, cooling, and municipal waste-to-power industries.
Typical applications involve commercial and residential buildings, commercial refrigeration and other HVAC installations.
Products using this technology are significantly more efficient than any product currently on the market because heat can be moved fast and efficiently without the need for energy-guzzling mechanical devices such as compressors and condensors.
The Opportunity
The volatile energy market, where fossil fuels provide about 85% of the world's energy, is beset by skyrocketing oil prices.
Governments and consumers are demanding sustainable solutions to the energy and climate crisis. This is fueling the resurgence in interest in geothermal, solar thermal and solar power technologies.
Free Energy is in the right place at the right time in terms of commercialisation. The HVAC products market alone is a $50 plus billion a year industry and there is also an array of solar thermal and waste-to-energy technologies that all lack one element - the ability to move heat very quickly and efficiently.
Focus
Free Energy Solutions is focused on bringing out commercial products to the market in three areas:- Solar thermal.
- Municipal waste-to-energy
- Commercial HVAC
Intellectual Property
Free Energy is vigorously developing a portfolio of protected intellectual property that is being developed around the unique application of thermal superconducting material. Four patents have been applied for and two additional ones are due to be filed.
Click here for a detailed look at how Free Energy Solutions plans to revolutionize the heating and cooling industry.
About Thermal Superconductors
In 2004 Free Energy Solutions discovered a type of thermal superconductor being used in heavy industrial applications. Company founders immediately recognized their potential and noticed that no other company was developing applications for these materials in the HVAC industry.
Anticipating the tremendous impact this technology could have on the North American markets, Free Energy developed and patented a number of methods for applying this technology in the heating and cooling industry, particularly in the areas of ground source heat exchange, air conditioning and refrigeration.
What are Thermal Superconductors?
Thermal superconductors are devices that can transfer heat passively over significant distances at high rates of speed with little energy loss, no moving parts and without mechanical assistance.
They use solid-state inorganic compounds as their heat transfer medium. This medium is injected into a non-porous vessel, such as a copper pipe, which is sealed to form the superconducting component.
When the medium is heated at one end, the entire vessel exhibits thermal superconductivity, causing heat to transfer from hot to cold parts of the vessel extremely quickly.
In fact, the heat transfer rate is about 30,000 times faster than the best conducting material, silver.
Harnessing Thermal Superconductor Power
Any residential or commercial application where heat is created or moved can benefit from thermal superconductors. Heating or cooling a building; creating hot water from solar energy, refrigeration, using waste heat to create electricity, and the condensation of water from the air for drinking water are all examples of useful applications where energy costs are dramatically reduced by the use of thermal superconductors.
One of the best examples of this new technology is demonstrated with the heating (or cooling) buildings, Free Energy has created simple heat exchange devices using thermal superconductor technology that can be installed in the ground to act as a heat source, or heat sink, for conventional residential HVAC systems.
When the air above ground is cold, heat from the earth is transferred to the building that requires heat. When the air above the ground is hot, the heat is transferred in the reverse direction and 'sunk' into the ground.
Free Energy believes manufacturers of HVAC equipment will be able to improve the energy efficiency of their heating and cooling systems by up to 400%.
The US DOE requires has led the drive on energy efficiency of air conditioners, seeking increases of nearly 25%, which has led major companies to collectively spend billions of dollars on R&D.
Free Energy's technology builds on the basic strength of conventional ground source heat pump systems that have been recognized by the DOE as the most efficient systems on the commercial market today, already achieving energy output of over 300% relative to electrical energy input.
However, traditional ground source heat pump systems, using a long loops of pipe buried in the ground, have failed to gain mainstream markets acceptability because they're too expensive to install.
As a result, after 50 years of commercialization, they have less than half a percent market share.
Cost Problems SolvedFree Energy's technology sharply reduces costs by replacing the conventional ground loop with an inexpensive system of sealed superconductors which passively transfer heat to and from the ground.
Major benefits include:
- Elimination of expensive and complicated loops, pumps and fluids;
- Elimination of parasitic electrical loads caused by pumps;
- Elimination of ground loop leaks requiring maintenance;
- Elimination of thermal “short circuiting” in the ground loop;
- Decreasing the size of holes required, making them cheaper to drill and fill, decreasing cost and damage to landscaping and increasing the number of suitable sites and, as a result, the size of the potential market;
- Enabling conventional heat pumps to connect simply and directly to the ground loop, making it possible for any HVAC manufacturer to take advantage of the high efficiency of ground source heat exchange with minimal disruption to their product lines.
With increases of energy efficiency of up to 400% over conventional systems, getting consumers to value Free Energy's simple new ground source technology should not be difficult.