The global dependence on oil continues to hinge on the political climate in the Middle East. Global economies rise and fall on the steady availability of fossil fuels drawn from the sands of Saudi Arabia, Iran, Iraq and Kuwait. When these nations suffer political instability, the global economy suffers along with them.
Today Iran has the ability to shut down the transportation of oil through the Strait of Hormuz, a strategic route for moving oil to ports beyond the Middle East from the Persian Gulf and ultimately to the Indian Ocean. Because 20 percent of the world’s oil moves through this conduit, blocking the Strait of Hormuz would cause a market loss three times greater than the blockade of Kuwaiti oil by Iraq in 1990, according to The National Geographic. Twenty-two years ago, that blockade caused world oil prices to double. Shutting off the route through the Strait of Hormuz would create a market drought three times worse.
Now, a green energy company based in Singapore holds the solution to low-cost electrical energy that can dramatically reduce global dependence on fossil fuels from politically unstable nations, while providing power at a price three times less than the prevailing rate.
NRGLab (http://nrglab.asia/) has developed and perfected poly-crystal technology for producing electricity from environmental heat. This scalable power solution uses self-contained generators known as SH Boxes, which produce electricity for as little as 3 cents per kW. NRGLab systems produce environmentally-friends energy; no harmful emissions or pollutants of any kind are released from the company’s generators, which operate more than a decade on a single installation.
The company’s video channel, including a presentation of the technology, is available on YouTube here: http://www.youtube.com/user/nrglabsgd.
International competition over finite energy resources is only growing more intense.
To the east, China and Japan feud over eight uninhabited islands in the East China Sea that are rich in natural gas deposits. To the north, the United States, Russia, China, and other European Union nations are investing in Arctic energy resources with no clear leader in this region. Ironically, global warming has made the Arctic more accessible for energy operations to extract even more fossil fuels.
This year NRGLab intends to contract with manufacturing plants worldwide to secure steady supplies of the components required to produce the company’s SH Boxes. These power generators utilize 12 primary and proprietary components comprised of rare-earth metals, metal oxides, and industrial diamonds. At the moment, these components are relatively inexpensive on the international market, and the plants which produce them also operate at relatively low cost, in terms of both facilities and labor expenses.
While it may be naïve to think that global energy problems will ever be separated from global political problems, private investment in a proven alternative energy source can finally start to make a true difference.
NRGLab’s first auction to license the rights for SH Box production will be held Feb. 5 in Singapore. Learn more here: http://nrglab.asia/auctions.html.
A copy of the company’s Strategic Business Plan can be reviewed here: http://nrglab.asia/images/NRGLAB_Strategic_Business_2013_SH_Boxes.pdf
NRGLab plans to transform the way the world receives electric power, while improving the lives of billions of people with an environmentally-friendly, low-cost power source that holds vast profit potential for the company’s partners. We invite you to join us in Singapore on Feb. 5 at the Raffles Hotel (http://www.raffles.com/singapore/).
- Josh Hanson, NRGLab