Cleantech News; BP ( BP: NYSE) to Proceed With Costner Centrifuge Devices to Cleanup Gulf Oil Spill

Cleantech News; BP ( BP: NYSE)  to Proceed With Costner Centrifuge Devices to Cleanup Gulf Oil Spill

Ocean Therapy Solutions: Providing Global Solutions for Oil Recovery



New Orleans, LA  http://www.ots.org/  cleantech news;  ( http://www.investorideas.com/ clean energy blog )
British Petroleum (  BP: NYSE) signed a letter of intent with Ocean Therapy Solutions to deploy thirty-two centrifuge machines to assist in the cleanup of oil in the Gulf of Mexico. BP agreed to use the technology after testing machines during the past week.

In testimony  before the House of Representatives' Science and Technology committee, Ocean Therapy Solutions partner Kevin Costner told the panel about the challenges he faced bringing the technology into industrial use, including his own personal investment of over $20 million developing the technology. He urged committee members to legislate that oil rigs be required to have mitigation equipment onsite. ”We've legislated life preservers. We legislated fire extinguishers,” Costner said. ”We legislated lifeboats and first aid kits. It seems logical that as long as the oil industry profits from the sea, they have the legal obligation to protect it, except when they find themselves fighting for life and limb.”


Just one of the company's V20 machines can clean up to 210,000 gallons of oily water per day. There are 3 V20 centrifuge machines currently operational in the Gulf. Ten more should become operational within weeks. ”Once production at our factory in Nevada ramps up in July, OTS will be able to produce 10 machines a month,” said Pat Smith, Chief Operating Officer for OTS. ”We are currently ramping up production of new machines with a goal toward deploying the machines along the entire coast,” he said.

”We have chosen teaming partners that are at ground zero and understand the challenges we face, including Edison Chouest Offshore, the largest offshore supply company in the Gulf of Mexico,” said John W. Houghtaling II, Chief Executive Officer of Ocean Therapy Solutions.
The centrifuge machines are sophisticated centrifuge devices that can handle a huge volume of water and separate oil at unprecedented rates. Costner has been funding a team of scientists for the last 15 years to develop a technology which could be used for massive oil spills.

The machines are taken out into the spill area via barges, where they can separate the oil and water. The machines come in different sizes, the largest of which, the V20, can clean water at a rate of 200 gallons per minute. Depending on the oil to water ratio, the machine has the ability to extract 2,000 barrels of oil a day from the Gulf. Once separation has occurred, the oil is stored in tanks. The water is then more than 99% clean of crude.

Siurce Ocean Therapy Solutions: http://www.ots.org/

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Cleantech Investing Has Never Been More Critical

Cleantech Investing Has Never Been More Critical

“More than anything else, this economic and environmental tragedy –- and it’s a tragedy -– underscores the urgent need for this nation to develop clean, renewable sources of energy”- President Barack Obama


May 31, 2010 (Investorideas.com renewable energy/green newswire) Investor Ideas global investor research portal covering leading sectors, focusing on environment and water, updates investors in the cleantech sector following recent remarks from President Barack Obama regarding the BP Oil Spill.

Remarks by the President on the Gulf Oil Spill May 27, 2010

Excerpt:

“Let me make one final point. More than anything else, this economic and environmental tragedy –- and it’s a tragedy -– underscores the urgent need for this nation to develop clean, renewable sources of energy. Doing so will not only reduce threats to our environment, it will create a new, homegrown, American industry that can lead to countless new businesses and new jobs.

We’ve talked about doing this for decades, and we’ve made significant strides over the last year when it comes to investing in renewable energy and energy efficiency. The House of Representatives has already passed a bill that would finally jumpstart a permanent transition to a clean energy economy, and there is currently a plan in the Senate –- a plan that was developed with ideas from Democrats and Republicans –- that would achieve the same goal.


If nothing else, this disaster should serve as a wake-up call that it’s time to move forward on this legislation. It’s time to accelerate the competition with countries like China, who have already realized the future lies in renewable energy. And it’s time to seize that future ourselves. So I call on Democrats and Republicans in Congress, working with my administration, to answer this challenge once and for all.”

Source : http://www.whitehouse.gov/the-press-office/remarks-president-gulf-oil-spill


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