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Magma Power’s 16th Patent Granted By the USPTO Positions It As the Leading Replacement for Nuclear Energy in Green Fuel Production

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NEW YORK, Jan. 6, 2025 /PRNewswire/ — Magma Power, LLC, the global innovator of low-cost baseload renewable energy production technology, proudly announces that it has been granted its 16th patent from the U.S. Patent and Trademark Office (USPTO). 

This patent cements Magma Power’s leadership in harnessing magma-driven energy to produce green hydrogen and green synthetic hydrocarbon fuels far more efficiently and cost-effectively than other baseload power sources like nuclear power.

The patent covers Magma Power’s innovations related to the use of magma-powered thermochemical water splitting to produce green hydrogen, a key feedstock for synthetic green gasoline, green kerosene, and other green hydrocarbons.

“This patent isn’t just a technological milestone—it’s a game changer for global energy markets,” said Levi Conner, CEO of Magma Power. “By leveraging the immense, consistent, and virtually unlimited power of magma, we’ve unlocked a path to produce synthetic green fuels at costs that will make fossil fuels obsolete. This positions Magma Power as the clean, sustainable, and scalable alternative to nuclear energy.”

How Magma Power Stands Apart From Nuclear Energy

Magma Power’s patented green fuel production methodology positions the company as a viable and superior replacement for nuclear energy in green fuel production. Key comparisons include:

Zero Waste: Unlike nuclear energy, which generates hazardous waste requiring long-term storage, Magma Power produces no such waste.Lower Costs: With magma power costing $0.01$0.04/kWh, Magma Power outpaces nuclear energy, which ranges from $0.07–$0.08/kWh.Environmental Impact: Magma Power achieves comparable lifecycle emissions to nuclear power but avoids the challenges of mine reclamation, waste storage, and power plant decommissioning.

“This is about more than cost savings,” said Richard McDonald, Chief Strategy Officer at Magma Power. “This patent gives us the ability to create sustainable energy solutions at a scale that can fundamentally change global energy markets. It’s not just a better solution—it’s the right solution for the planet.”

Potential For Synthetic Green Gasoline
Via Fischer-Tropsch At $2 Per Gallon

Magma Power, LLC estimates that its larger planned magma wells and related steam turbine power plants will be able to produce power at around 1 cent per kWh. Various studies have shown that at a 1 cent per kWh cost for baseload renewable energy, green synthetic gasoline can be produced at around $2 per gallon.

For example, Kannangara et al. modeled the production of green synthetic diesel and co-products (kerosene and naphtha) using Fischer-Tropsch Synthesis (FTS) with hydrogen sourced from a polymer electrolyte membrane (PEM) electrolyzer, where they indicated a production cost of ~$6/gal ($1.6/L) for diesel produced with an electricity cost of $30/MWh. Using the same ratio, a power cost of $10/MWh or 1 cent per kWh translates to $2 per gallon cost of green synthetic fuels.

Note that this study by Kannangara et al. was modeled using off-the-shelf PEM electrolyzers. With Magma Power’s now patented thermochemical water splitting approach available for global licensing, this production cost can be lowered even further – significantly increasing the likelihood of various production plants achieving the $2 per gallon cost for green synthetic fuels.

“Electrolyzers are an incredibly inefficient way to produce H2. Magma Power is now licensing a much better alternative: using magma-driven baseload power to drive thermochemical water splitting using a low cost iron oxide catalyst,” says McDonald.

Key Claims of Magma Power’s 16th Patent

This groundbreaking patent introduces a reaction system that uses subterranean magma reservoirs to drive the production of hydrogen and hydrocarbon fuels. The claims include:

Production of HydrocarbonsThe system injects two feed streams—carbon oxides and hydrogen—into a reaction chamber heated by magma. The result: liquid and gas hydrocarbon end-products (e.g., methane, gasoline, diesel) and water.Thermochemical Water Splitting (TWS)A novel method of hydrogen production using magma-driven heat and an iron oxide catalyst. This process eliminates the inefficiencies of traditional polymer electrolyte membrane (PEM) electrolyzers.Cost-Effective Green Fuel ProductionThe patent outlines how magma energy, estimated to be as low as $0.01/kWh when operating at scale, enables the production of green gasoline for $2 per gallon, disrupting the $1.3 trillion global gasoline market.Innovative Reaction Chamber DesignThe reaction chamber is housed in a wellbore extending into a magma reservoir. The chamber’s temperature and pressure are maintained entirely by magma heat.Separation of End ProductsThe intermediate product stream is injected into recovery equipment that separates liquid hydrocarbons, gaseous hydrocarbons, and unreacted materials, all powered by magma-driven heat.SustainabilityUnlike nuclear power, Magma Power’s system produces no nuclear waste and has lifecycle CO₂ emissions of just 15 g CO₂-eq/kWh.Scalability and Job CreationThe system is scalable, capable of being implemented globally, creating jobs, and revitalizing industries while replacing fossil fuels.

“This patent represents years of innovation and problem-solving,” said KC Conner, Founder of Magma Power and inventor of the patented magma-power thermochemical water splitting system. “Our magma-driven system offers a sustainable, scalable, and efficient solution to one of the most pressing challenges of our time—eliminating reliance on fossil fuels while making green energy affordable for everyone.”

The Bigger Vision: Disrupting the Green Fuel Market

The issuance of this patent enables Magma Power and its network of global licensees to revolutionize the green fuel market. By eliminating the inefficiencies of PEM electrolyzers and leveraging thermochemical water splitting, Magma Power and its global licensees are poised to disrupt the market with green fuels priced at approximately $2 per gallon. This would allow Magma Power and its global licensees to:

Replace traditional gasoline in the $1.3 trillion global market.Reduce reliance on fossil fuels by creating affordable, sustainable alternatives.Accelerate the transition to renewable energy, helping governments meet climate goals.

Green Energy for Industry

Magma Power’s patented technology can be applied across a range of industries, offering transformative solutions for:

AI Data Centers: As AI computing power demands soar, Magma Power’s low-cost, constant energy supply is the ideal solution for powering data centers 24/7.Bitcoin Mining: Energy-intensive bitcoin mining operations will benefit from reliable, low-cost power, enabling sustainable and profitable mining at scale.Green Fuels: Magma Power enables the production of green hydrogen, ammonia, and kerosene, providing a carbon-neutral alternative for transportation and industrial sectors.

“Magma Power is designed to address the biggest challenges in energy today—providing clean, affordable, and reliable power,” said McDonald. “What we’re offering isn’t just another renewable option—it’s a fundamental change in how industries like AI and transportation can think about energy. Our goal is simple: to deliver baseload power to the world, affordably and sustainably.”

Exclusive Licensing Opportunities Available

Magma Power is offering exclusive licensing agreements for over 1,000 identified global sites where magma power can be produced. These opportunities are ideal for industries such as AI, automotive, aviation, and maritime, all of which are seeking affordable, green energy solutions.

About Magma Power LLC:

Magma Power LLC, (visit MagmaPower.com) with headquarters in Tampa, Florida, with additional offices in New York City and Houston, is a pioneering energy technology company dedicated to developing cutting-edge solutions for harnessing renewable energy. Magma Power, LLC has secured sixteen worldwide patents covering all aspects of the production of green energy, energy-intensive manufacturing, green fuels, and other products using Magma Power™. Magma Power LLC has also filed an additional forty-plus global patents covering all aspects of magma power production, with over 1,000 patent claims pending related to this revolutionary new green energy source. Magma power is a virtually unlimited source of green, renewable, baseload energy that U.S. government researchers in the 1970s, including those at Sandia National Laboratories, concluded could meet the Earth’s energy needs for the next several thousand years. The work of Magma Power LLC has taken the initial insights from the Sandia Labs test and developed them into robust, patent-protected technology ready for commercial deployment. Given the inability of wind and solar to provide stable baseload renewable power, there is no long-term alternative to magma power for renewable energy. Magma Power is Inevitable. It’s not a question of if magma power will power the Earth – but when. Energy is civilization, and the next several thousand years of civilization will be driven by Magma Power™. 

For media inquiries, please contact:
Richard McDonald
Chief Strategy Officer
rmcdonald@magmapower.com

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SOURCE Magma Power

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Promise Exchange Program Debuts at CES in Las Vegas Showcasing 7 Tunisian Startups

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The U.S.-funded initiative connects Tunisian entrepreneurs with U.S. and global startup communities

Explore Tunisia’s burgeoning startup ecosystem, visit with Tunisia’s Ambassador to the US, and connect with global innovators at CES January 7-10 Las Vegas, NV at the Venetian Expo Hall, Booth 50025

LAS VEGAS, Jan. 7, 2025 /PRNewswire/ — The Promise Project, a U.S.-funded initiative to strengthen Tunisia’s entrepreneurial ecosystem, is bringing Tunisian innovation talent and startups to CES 2025 for the first time, aiming to connect Tunisian entrepreneurs with the U.S. and global startup communities.

Organized by the Tunisian American Young Professionals (TAYP), the booth will feature cutting-edge innovations from Tunisian startups in sectors such as AgTech, Energy, Robotics, Smart Cities, and Food Tech. The exhibit will spotlight Tunisia’s dynamic startup ecosystem with special guests and live demonstrations throughout the CES event.

Additionally, the program will welcome Hanène Tajouri Bessassi, the Tunisian Ambassador to the U.S. and CES along with representatives from CONECT and the French delegation from CPME (more details below).

The Promise Exchange Program is a U.S.-funded initiative in partnership with the U.S. State Department, Tunisian American Young Professionals and implemented by Deloitte.

Special Guests & In-Booth Event

Innovate Together – Building Bridges Worldwide with special guest, Hanène Tajouri Bessassi, Tunisian Ambassador to the U.S.
Hanène Tajouri Bessassi, the Tunisian Ambassador to the U.S. will be visiting the Tunisian booth at CES along with representatives from CONECT and the French delegation from CPME. 

Featured Speakers:

Mrs. Hanene Tajouri Bessassi, Ambassador of Tunisia to Washington DCHE Mrs. Nejia Gharbi,General Director of ” la Caisse des Dépôts et Consignations” – CDCMr. Tarak Triki, Managing Director Smart Capital

Date: Tues., January 7th at 3:00 – 4:00 PM
Location: Venetian Expo, Level 2, Halls A-D, Tunisian Booth # 50025

Featured Startups
The Tunisian Companies featured at Booth 50025 (in alphabetical order):

AquaDeep | AgTech
AquaDeep is revolutionizing fish farming with AI-powered counting solutions and IoT-based data extraction tools. Our modular services support aquacultures at every stage, enhancing control and efficiency.

DeepVolt | Energy
DeepVolt develops AI solutions for E-Mobility. Our flagship product, DeepVolt Location Intelligence Assistant (DLIA), enables cities and businesses to identify profitable locations for EV charging stations in minutes.

OORB (Open Organic Robotics) | Robotics OORB (Open Organic Robotics) is a young Tunisian startup featuring the OORB framework, the Robodog quadruped educational kit, and the OORB Studio & community. Our open-source framework, built on ROS with AI at its core, offers cloud-based tools for robotics development, including AI-driven code generation, CAD design, and real-time collaboration.

Smart For Green | AgTech
Our aim is to protect at-risk forests, farms and factories from the threat of fire. Our fire protection solution for farms, forests and factories is based on a multidimensional approach: predicting risks, detecting them in time and assisting response teams.

SPIRAW | Food Tech SPIRAW combines biotechnology and IoT to offer a home-based solution for growing fresh, high-quality spirulina. Inspired by Nespresso, our innovative machine automates cultivation, paired with a mobile app for monitoring, recipes, and eco-impact tracking.

Wayout  | Smart Cities Wayout’s mission is to eliminate marine pollution and reduce floodings through sustainable solutions to the infrastructure. Our first product launched is Zigofiltre; a filter that captures waste and lets water pass easily. Today we installed a little bit more than 2000 across 22 regions in Tunisia.

WeMake3D  |  Robotics WeMake3D produces locally made 3D printers fit for both the educational and industrial use. Our goal is to build the bridge between the two fields in order to accelerate the growth of the 3D printing technology in Tunisia, the MENA region and the African continent.

To learn more about the Tunisian startups, in-booth demonstrations, or schedule meetings visit the website at www.tunisianinnovationhub.com or connect via the CES 2025 App.

About Tunisia Innovation Hub
The Tunisian Innovation Hub, part of the U.S funded PROMISE project, will showcase 7 Tunisian startups at CES 2025 in Las Vegas, NV.

Organized by Tunisian American Young Professionals (TAYP), the booth highlights innovations in AI, 3D printing, renewable energy, e-mobility, marine tech, agri-tech, smart systems.

About Promise Exchange Program
Promise was founded to strengthen the Tunisian entrepreneurial ecosystem, allowing startups to attract international investments, become more scalable, and maximize economic impact. The program features multiple programs ranging from ideation bootcamps, international exchange programs, patenting assistance, and investment readiness. 

About Tunisian American Young Professionals
A non-profit organization powered by an ever-growing community of Tunisian and American professionals across various sectors of industries. We are committed to contributing our experiences and expertise to build thriving economic opportunities and vibrant cultural exchanges between Tunisia and the US.

By connecting professionals and through public-private partnerships, we create projects and initiatives focusing on Export, Entrepreneurship, Exchange and Education.

Press Contact:
Michelle Lorge
michelle@pitchcandypr.com
615-587-4980

Click here for more details about our booth at: https://ces25.mapyourshow.com/8_0/exhibitor/exhibitor-details.cfm?exhid=001Pp00000aVjSOIA0

View original content:https://www.prnewswire.com/news-releases/promise-exchange-program-debuts-at-ces-in-las-vegas-showcasing-7-tunisian-startups-302345133.html

SOURCE Tunisian American Young Professionals (TAYP)

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Empowering Mining with Green Innovation: SANY Unveils Africa’s Largest Solar-Storage-Diesel Microgrid

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SHANGHAI, Jan. 7, 2025 /PRNewswire/ — On December 29th, SANY Silicon Energy reached a significant milestone in the international “Solar + Storage + Diesel” microgrid power generation sector by launching the Zambia Ruida Mining Microgrid Power Project. This initiative is recognized as Africa’s largest single-unit hybrid microgrid designed for mining operations, highlighting SANY’s commitment to promoting green energy transformation and sustainable development throughout the region.

Distinguished as Africa’s largest microgrid project designed for mining activities, the venture encompasses a 13 MWp solar photovoltaic (PV) system in conjunction with a 39 MWh battery energy storage system and a diesel generator as a backup power source. These components synergize to form a cutting-edge integrated microgrid system seamlessly harmonizing solar, storage, and diesel technologies. The project’s primary objective is to ensure a steadfast and dependable electricity supply for mining operations, consequently achieving energy self-sufficiency, diminishing reliance on conventional energy sources, and bolstering energy efficiency and sustainability.

Exhibiting the hallmark “SANY Speed,” the project swiftly progressed from the signing of the Power Purchase Agreement (PPA) to its commissioning within a mere four months. Despite navigating challenges posed by Zambia’s intricate topography, severe climate conditions, and logistical impediments stemming from underdeveloped infrastructure, our team demonstrated remarkable adaptability and operational efficiency.

The successful inauguration of this project signifies a pivotal juncture in SANY’s eco-conscious mining endeavors across Africa. It lays a robust groundwork for the continent’s green energy trajectory and reinforces our unwavering dedication to advancing sustainable energy solutions on a global scale.

Drawing on the expertise and technological capabilities developed through this initiative, SANY is dedicated to “Illuminating Africa” at “SANY Speed.” By actively driving the implementation of additional green energy projects, SANY seeks to lead global renewable energy trends and contribute Chinese innovation to the worldwide energy transition.

View original content to download multimedia:https://www.prnewswire.com/news-releases/empowering-mining-with-green-innovation-sany-unveils-africas-largest-solar-storage-diesel-microgrid-302345136.html

SOURCE SANY Group

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The Revolution of Travel Technology Defined at FITUR 2025

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Organized by IFEMA MADRID, the International Tourism Trade Fair brings together over 100 pioneering companies in booking management technology from around the world, from January 22 to 26.

MADRID, Jan. 8, 2025 /PRNewswire/ — In a world of constant transformation, the travel industry has embraced technology as its greatest ally. Booking management, a critical component of customer experience, is one area undergoing significant revolution. Driven by technological innovation, current trends not only optimize operational efficiency but also reshape how people plan their journeys.

Amid this digital transformation, FITUR 2025, organized by IFEMA MADRID, will host the sector’s most pioneering companies under the TRAVEL TECHNOLOGY banner from January 22 to 26. This event will unveil key technological trends that are redefining how travelers search, decide, book, and review their experiences. Following a record 23% growth in 2024, Travel Technology 2025 is expanding by nearly 10%, surpassing 100 exhibiting companies.

Located in Hall 8, companies from countries including Spain, Italy, France, the Netherlands, the UK, Germany, the US, Brazil, Singapore, and Morocco, among others, will present cutting-edge solutions to the global tourism market. These include software solutions, online booking platforms, blockchain technology for secure and transparent management, price managers, innovative payment systems, virtual and augmented reality to inspire travel decisions, and AI-powered voice assistants for personalized service. These technologies help tourism businesses achieve their goals, enhance efficiency by automating and centralizing operations and administrative tasks, and save time and costs.

The convergence of these technologies´ points to a future where booking management will become increasingly connected and integrated. All this and more will be unveiled in the Travel Technology area, the epicenter of a vital travel sector segment undergoing rapid transformation. The travel technology industry is not only adapting to the expectations of modern travelers but is also leading the way toward a more efficient, personalized, and sustainable travel experience.

From January 22 to 26, 2025, in Hall 8 at IFEMA MADRID, FITUR Travel Technology will showcase the most cutting-edge solutions for booking management. Discover the latest developments in technology specifically designed to meet the needs of the tourism industry on: Fitur 2025 | International Tourism Fair

 

 

 

SOURCE FITUR/IFEMA MADRID

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