Wednesday, February 01, 2006

 

Alternative Energy Company Starting Up In Gilbert

A new company called Diversified Energy, founded by W. David Thompson, seeks alternatives to oil by focusing on coal gassification (aka "Syngas") and liquefication. The company will also develop wind and solar power technologies. Dr. Thompson has a proven track record as the founder of Spectrum Astro, which he sold to General Dynamics, providing financial backing for his new venture. Read more in the East Valley Tribune.

Only a few months ago, they were pursuing hydrogen as a primary alternative energy source. I'm guessing that feasibility studies and a cost/benefit analysis led them to coal gassification and liquefication instead.

I'm pretty excited about seeing how this develops. Should be interesting.

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