Vortex Brands Reveals How PAS Technology Is Like "Fracking"
Electricity
SACRAMENTO, CA -- January 29,
2020 -- InvestorsHub NewsWire -- Vortex Brands Co. (USOTC:
VTXB) under the dba Vortex Green Energy, and Tripac Systems,
have created a national energy service plan that creates
significant energy and cost savings to utilities who implement
Phase Angle Synchronization (PAS). Our efforts to bring this
energy-saving technology to market have faced several challenges
that we thought were unique to our endeavor. However, we
recently saw nearly the same dynamics, market resistance, and
triumph play out within the energy sector and realized we needed to
share how PAS technology is like “fracking”. (Full article
available at www.vortexgreenenergy.com/fracking).
A Quick Primer on Hydraulic Fracturing and
the
Technological Impact
in
the
Energy Sector
Recent articles in
the
Wall Street Journal and
Vox have showcased how
hydraulic fracturing, or "Fracking" along with developments in
horizontal drilling techniques have single-handedly created an
energy boom that both helped the economy grow, drove consumer
prices down, and lowered emissions, all while creating over 700,000
jobs and making the US the #1 oil producing country in the
world.
It's not like
geologists didn't know where vast amounts
of oil and gas
were
stored
(in shale formations), it's
that the
industry knew it was locked up in tight crevasses
and
did not
have a way to economically access it. The problem to solve
was how to extract the oil and gas from the hard shale rock in an
economical way. And the reality was it was not the major oil
companies like Exxon or Mobil or Chevron that figured it out.
The majors gave up efforts of solving that problem
(efforts
included
using a
nuclear bomb for
Project
Rulison—which
didn't work) because it appeared
that the money, they invested in finding a solution would never
produce enough oil and gas to
pay
for
itself.
A pair of
technological advances, namely slickwater
hydraulic
fracturing and horizontal drilling, have transformed the US from
energy-uncertain to energy-dominant and only in the last few
decades. And it was a small, independent group run by George
Mitchell--and not a
major oil
company--that solved
the problem.
The Allegory
to
Understand
the
Potential of PAS Technology to Impact the Energy Sector
The reason this story
resonated with us is it almost exactly mirrors the problem at hand,
the solution we have uncovered, the resistance we currently face in
the market, as well as the
certainty
we know we can show
by
implementing PAS.
The problem is that
electricity is wasted as it is consumed, and the industry has known
that the inefficient consumption of electricity (also known as
power factor) has been
a problem
for more than 100 years in the industry. Simply put, an
electric motor always wastes electricity because of
inefficient
consumption ($3 Billion in generation costs are wasted each year in
California alone from this problem). The industry created a
solution that makes consumption more efficient,
but it
takes more energy to solve the problem than it saves (recall the
nuclear bomb example above). And like George Mitchell above found a
way to access an untapped resource, Bob Widner and his
family, who created
PAS, found a solution that
accesses an enormous resource of wasted electricity and
makes good
use of
it. The skeptics abound asking why the major electric
companies haven't found a solution.
We believe PAS
technology will bring certainty to the electrical industry.
That it will help convert electric utilities from facing insolvency
to being solvent and strong. And finally, that it will
further expand our energy
resources since it will reduce how much of any given resource
(natural gas, wind, solar, hydro, nuclear, gas, or diesel) will be
needed to supply the electricity demanded and needed for a robust
economy.
It has been with this
certainty that we have sought out the final investment to finally
launch a full-scale pilot program to quiet the skeptics, create the
data, and generate the value to all of our supporters and
investors who share our vision. We expect to be making
announcements on this final investment in the coming
weeks.
Until then, you are
welcome to look back on the last few years with us and see the
tremendous progress we've made in explaining the
technological
miracle of the PAS in energy
and cost savings to investors, supporters, and industry
stakeholders. A new page has been added to our website
at
www.vortexgreenenergy.com/news
to review
our past press releases, interviews, and other news
coverage.
About
Vortex Brands Co.
Vortex Brands Co.,
under the dba Vortex Green Energy will provide as a service
multipurpose Phase Angle Synchronization (PAS) equipment to
electric utilities nationwide. PAS is a one-of-a-kind technology
designed to address a one-hundred-year-old inherent problem that
was thought to be unsolvable: the inefficient power consumption
caused by electric motors. Improving consumption efficiency will
extend the life of the grid by protecting it from excessive wear
and damage, improve grid reliability by reducing line congestion
and increasing reserve margin, while creating true cost savings for
the utility at no cost for the equipment. Instead, revenue is
generated under a Share-of-Savings business model wherein the
utility shares the savings with Vortex created by the PAS service
on a monthly basis. PAS is designed to address industrial and
commercial use applications in a scalable solution where
the
majority of wasted electricity
occurs, and the largest opportunity exists. Clients of the utility
benefit from progressing toward carbon footprint reduction goals
without capital expense or investing in any new equipment.
Operations initially are focused in California before expanding
nationwide. For more information visit:
http://VortexGreenEnergy.com/video
Notice
Regarding Forward-Looking Statements in
this press release which are not purely historical are
forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future.
Actual results could differ from those projected in any
forward-looking statements due to numerous factors. These
forward-looking statements are made as of the date of this news
release, and we assume no obligation to update the forward-looking
statements, or to update the reasons why actual results could
differ from those projected in the forward-looking statements.
Although we believe that any beliefs, plans, expectations, and
intentions contained in this press release are reasonable, there
can be no assurance that any such beliefs, plans, expectations or
intentions will prove to be accurate.
Source:
Vortex Brands Co.
info@vortexbrands.us