Magnetic Thermal Energy Systems for a New Era Executive

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Magnetic Power Inc. Renewable Natural Energy for a New Era Magnetic Thermal Energy Systems for a New Era Executive Summary ”Climate Change is the Leading Problem on the Planet… THE PENTAGON... March 2004 Overview and Mission Statement Magnetic Power Inc (MPI) is a research and development privately held company incorporated in British Columbia in 2003. MPI is committed to being a world leader in magnetic energy Magnetic Materials technologies. Through international environmental treaties like Kyoto a global conversion is about to surface in the multi billion dollar Cooling, Refrigeration, and Heating markets. Based on extraordinary innovations in Magnetic Materials MPI is committed to being a world leader in these segments. The ability of some rare earth metals and alloys to heat up when they are Magnetic Pump magnetized and cool down when removed from a magnetic field is about to revolutionize the heating and cooling industries. Magnetic Power Inc. Renewable Natural Energy for a New Era The Breakthrough - The MagnetoCaloric Effect Synopsis The MagnetoCaloric effect describes the change in temperature of a magnetic material under conditions through the application or removal of an external magnetic field. More recently there has been significant interest in its possible exploitation in magnetic refrigeration and cryocooling systems. The MagnetoCaloric Effect and its Applications presents a complete overview of theoretical and experimental research results surrounding the MagnetoCaloric effect, and a comprehensive discussion of current and potential applications of the phenomenon. Magnetic Power Inc. Renewable Natural Energy for a New Era Magnetism is the property of an object being able to attract another object. The two substances that attract must be magnetic. Every natural magnet has both a north pole and south pole while the area around the magnet is its magnetic field. Two magnets attract when the north pole of one magnet is beside the south pole of another magnet, or viceversa. If a north pole of one magnet is placed next to another magnet's north pole, they repel each other. MPI Technology Product Designs Magnetic Heat Pumps for Home and Industry, a Potential Design Magnetic technology is virtually an unlimited source of continuous thermal energy. The new Super Magnets are one-thirtieth the size and up to eight hundred times more powerful than conventional magnets. Revolving magnets in a magnetic field in combination with certain non-magnetic materials generates heat. The heat is then transferred to conducting mediums. The retrofit heating unit will could connect to existing ductwork of any forced air or water heating system. Magnetic Power Inc. Renewable Natural Energy for a New Era Efficiency Models - The MagnetoCaloric Effect Magnetic Solid refrigerant Environmentally friendly (heat transfer fluids such as air, water-alcohol, etc) Efficiency ~60% + Carnot value Conventional Refrigeration Liquid refrigerant Ozone-depleting; global-warming Efficiency~25-40% Carnot value Because it eliminates the need to expand and compress a liquid, magnetic refrigeration consumes less electricity and can operate at 60 percent efficiency, or greater. Magnetic vs. Conventional Refrigeration Example From:www.doe.gov Giant Magnetocaloric effect in Gd5(Si2Ge2) Magnetic Power Inc. Renewable Natural Energy for a New Era The Global Need and Market Further Reading: RICHARD HEINBERG, THE PARTY'S OVER, OIL, WAR and THE FATE OF INDUSTRIAL SOCIETIES Within 10 years the world supply of oil will start decreasing, never to rise again. Ever. Nothing yet... can quite replace oil. Solar and wind power are good, but not as effective as oil and can't power transportation, and don't enjoy the huge subsides industry oil has. Hydrogen fuel cells are little more than batteries, an energy carrier not an energy source. Coal and nuclear have serious environmental problems and are also no good for transportation. By using better and less expensive materials in an efficient and reliable prototypes, the new magnetic air conditioning systems could reduce residential energy use by $2.9 billion per year and reduce 1.8 million tons per year of carbon dioxide and no ozone-depleting warming gases and operates at low pressures. Magnetic Power Inc. Renewable Natural Energy for a New Era The Global Market and Need for C02 Reduction The first oil crisis in 1973 showed most industrialized countries the vulnerability of their trade and industry and their dependency on imported energy. Five years later - despite higher energy costs nothing happened - the second oil crisis occurred in 1978. This time it led to a more lasting reaction. Serious considerations were made both nationally and internationally on how to reduce the dependency on imported oil. We are now entering a period of the last oil crisis and long term energy changes will be developed. Magnetic Power Inc. Renewable Natural Energy for a New Era The Global Market and Need… Climate Change… The Biggest Problem on the Planet:The World Bank 850 800 750 700 650 600 550 1990 2000 2005 2010 1990 Baseline 607 Mt 29% reduction needed 2000 C02 Emissions 726 Mt or 19.6% above 1990 806 Mt Kyoto Target is 6% below 1990 571 Mt Canada’s Current and Projected Greenhouse Gas Emissions – a Significant Challenge Are we going to ..make it?.. Fr:Climate Change Central Magnetic Power Inc. Renewable Natural Energy for a New Era New Industrial and Consumer Technology Products…cont.  Automotive Air Conditioning  Transportation industries Trucks etc  Cooling / Heating Heat Pumps  Heating Cooling Appliances  Aircraft industry  Computers and Commercial Refrigeration  Hydrogen and Natural Gas industries  Rural Cooling  3rd World Modular Homes  OEM Original Equipment Manufacturers  Energy and Gas Deregulation  Green Building initiatives Magnetic Power Inc. Renewable Natural Energy for a New Era MPI Milestones  Recent interest from several international Modular Housing developers in Magnetic Refrigeration and Air Conditioning Technology for the developing world market in India, South America and Mexico. Interest in markets for Medical Cooling.  Interest from international Investment Bankers in Canada, United States and Europe. Grant interest in Canada’s new Green Building and Alternative Energy programs. Magnetic Power Inc. Renewable Natural Energy for a New Era Time Magazine November 1997 Magnetic Power Inc.  The Renewable Natural Energy for a New Era Next Step...  For more information contact: Magnetic Power Inc. info@magnetic-power.com www.magnetic-power.com

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