On October 24th, the Hotel “Sputnik” in Moscow hosted a seminar on the investment potential in Kepulauan Riau, a province in Indonesia and ideal tourist hotspot.
The seminar was organized by the Alpha Pacific Group, whose main goal was to gather and discuss advantages and opportunities of buying land in a region that includes islands like Batam, Bintan and Karimun.The beautiful weather attracts investors and helps to develop infrastructure. Tourism is one of the main income sources for Indonesia.
Unfortunately, Indonesia doesn’t have many options in terms of income. The price of coal (of which the country has HUGE reserves) is low, and the profit from each ton of coal mined is only $5. This profit margin is so low that Indonesia is unable to support new projects and development.
But Indonesia can team up with NRGLab, a science-driven company based in Singapore. The company has already sent letters for cooperation to the Ministry of Energy and Mineral Resources (Kementerian Energi Dan Sumber Daya Mineral) and the Ministry of Agriculture of Indonesia (Kementerian Pertanian).
How can the country increase profits? NRGLab is ready to implement a project for the cheap gasification of coal and agricultural waste. Innovative new technology converts hydrocarbons and waste into useable electricity. From sugar cane and sunflowers, to low-calorific coal and even municipal waste – it all becomes energy and therefore additional source of income.
NRGLab’s gasification process has the potential to not only revolutionize Indonesia’s energy infrastructure, but the country’s economy as well. NRGLab’s gasification has a positive balance due to the intellectual gas turbine -Eco-SV – which has a high efficiency of 75% and low equipment costs (100MW / hour for $60,000,000 USD), which maximize energy output during the usually very tricky conversion process. Compare that percentage to conventional turbines, which usually only capture 33-35% of a material’s energy potential, and cost $200,000,000 USD for the same 100 MW / hour.
The world will never be the same with alternative energy and NRGLab.
Report prepared by Ana Shell