THE FUTURE OF ELECTRICITY IS HAPPENING NOW
McConnell Moran Technology Corporation (“MMTC”) has developed an innovative, patented and secret technology for creating energy for electricity generation to produce 100% green electricity that does not utilize fossil fuels or uranium, but instead is powered by thermo fusion energy utilizing the MMTC technology.
The initial prototype to test the concept developed by MMTC was completed in the spring of 2022, and tested on July 26, 2022 and commissioned at generating energy that could produce steam to power a steam turbine and electrical generator for 40 kilowatts per hour of electricity. MMTC is now completing the development of its larger and expanded prototype that will generate up to 500 kilowatts of electricity, with testing and commissioning scheduled for October of 2023. This 500 Kilowatt Prototype will be connected to the Electrical Grid for continual operations and testing, and is constructed on a steel platform of approximately 700 square feet.
The MMTC Flagship of the McConnell Electrical Generation System (“MEGS”) is currently under development for the commercial marketplace, and is designed to produce 3.5 Megawatts (or 3,500 Kilowatts) of electricity per hour, and totally contained in a small area of 1,500 square feet (or a small warehouse space).
MMTC currently has advance purchase orders and commitments for at three (3) of these MMTC Flagship MEGS Units, with informal commitments from other parties for up to five (5) Units. In addition to the marketplace in North America, international Distribution agreements are in place for marketing in Europe and Africa.
The following is the projections for this MMTC Flagship MEGS unit, and is based on the following parameters:
1. The design of the MMTC Flagship MEGS is for the unit to produce 3.5 Megawatts of electricity per hour, or more, with future plans to construct MMTC Flagship MEGS units that can produce five (5) Megawatts or more, of electricity per hour. For the purposes of these projections, all calculations will be based on the MMTC Flagship MEGS unit producing 3.5 Megawatts (or 3,500 Kilowatts) of electricity per hour.
2. The Flagship MEGS unit produces electricity by powering a steam turbine that is connected to an electrical generator that can produce at least 3.5 Megawatts (or 3,500 Kilowatts) of electricity per hour. The patented, innovative and secret technology is the production of the energy to produce the steam that powers the steam turbine and the electrical generator that produces the electricity. This new technology does not rely on fossil fuels or uranium, but by thermo fusion energy to produce 100% green electricity.
1. The MEGS units require a small amount of electricity to power the initial start-up of the process for creating energy, and then occasionally for maintaining its operation, and this electrical usage is currently estimated between 9% and 12% of total electricity produced. For the purposes of these projections, our engineers have estimated this usage at an average of 325 kilowatts per hour on a daily basis. MMTC will purchase green electricity from the electrical grid for this usage so that the electricity production by the MMTC Flagship MEGS units is 100% green electricity, and will qualify for the maximum carbon tax credits and GHG credits.
2. Based on the projected production of the MMTC Flagship MEGS Unit at 3,500 Kilowatts per hour, and the usage of 325 Kilowatts per hour of electricity for providing initial and continual power to the MMTC Flagship MEGS Unit, the net production of electricity by the MMTC Flagship MEGS unit is 3,175 Kilowatts per hour.
Note: 3500 Kilowatts per hour produced minus 325 Kilowatts per hour consumed equals 3,175 Kilowatts of net production electricity sold to the Electrical Grid.
3. The MMTC Flagship MEGS Unit will be connected to the Electrical Grid and based on the current market pricing, MMTC will sell the electricity produced to the Electrical Grid at a projected price of $0.09 per Kilowatt hour, and this current marketing prices includes GHG credits and carbon tax credits. Based on this rate for the sale of electricity, the projected net revenues received by MMTC for the net production of 3,175 Kilowatts of electricity per hour is: 3,175 Kilowatts per hour times $0.09 per Kilowatt hour equals: $285.75 net revenue per hour.
4. The MMTC Flagship MEGS Unit is designed to operate 24 hours per day and if it operates for a full year of 365 days, then the potential hours for generating net revenue for one year is: 24 hours x 365 days equals 8,760 hours per year for producing electricity.
5. For the purposes of these projections of net revenue, the MMTC Flagship MEGS Unit will be producing and selling 3,175 Kilowatts per hour of electricity to the Electrical Grid at a selling price of $285.75 net revenue per hour, and this will generate the following net revenue in operating for 365 days or 8,760 hours of each year: 8,760 hours times $285.75 net revenue per hour equals: $2,503,170.00 net revenue per year.
6. The MMTC Flagship MEGS Unit will be marketed at a retail price of $7.5 million USD. The payback for the investment is therefore approximately three (3) years, based on the above projected net revenue per year. The MMTC Flagship MEGS Unit is projected to operate for fifty (50) years or longer, which makes it an attractive investment.
7. Analysis by independent engineers and investors have described the MMTC Flagship MEGS Unit as a disruptive technology, which will replace current clean sources of electricity such as solar and wind power. Both Wind Turbines and Solar Farms require too large an area and offer too small a return on investment.
8. Commercial Production of the MMTC Flagship MEGS Units are currently planned in Canada, with expansion of manufacturing facilities in the USA, Europe, and South Korea.
For more information and current news releases, visit the website of the company at: www.thermofusionenergy.
