This might spur on some interest...Article in The Australian.......

This might spur on some interest...

Article in The Australian.... "We could be a multi-billion-dollar company."

http://www.theaustralian.news.com.au/business/story/0,28124,26100767-5018910,00.html

High hopes for waste heat

THE internet boom is a distant memory. Say hello to the green economy.

Perth entrepreneurs Ross Smith and Greg Pennefather -- who have previously collaborated in an online trading venture and in ADSL technology -- have joined forces again for an ambitious renewable energy project they are convinced can make them billions.

They have secured -- via the ASX-listed Enerji -- the Australian rights to the Opcon Powerbox, a Swedish cogeneration technology that allows emissions-free energy to be produced from low-grade waste heat from industrial and fossil-fuel power generation processes.

There are estimates that some 10 million megawatts of energy are lost from waste heat through power generation -- nearly as much energy that is generated by conventional means around the world.

Whoever can find a way to tap into that has a very big business opportunity, and Smith is not holding back: "We have the technology to harness a very significant portion of it. It will blow people away."

First, though, must come the proof of concept. Enerji says it has signed an MOU with Babcock & Brown Power to conduct a "pre-feasibility" study at the Flinders coal-fired power station in South Australia and a gas-fired station in Western Australia.

Smith became attracted to the idea a few years ago after selling the successful and award-winning Colonial Brewing Company he had founded at Margaret River. Clearly, this is the best thing he has seen.

"This one is mind-boggling," he says. "I'm going global with this. We could be a multi-billion-dollar company."