Thor Power Corporation Says Product Could Cut U.S. Electrical Consumption by 33%

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The TREZIUM System, introduced today by David Bonner, Chief Executive, Thor Power Corporation, cuts the electrical cost of air conditioning and other commonly-used motors almost in half.

BETHLEHEM, Pennsylvania — The TREZIUM System, introduced today by David Bonner, Chief Executive, Thor Power Corporation, cuts the electrical cost of air conditioning and other commonly-used motors almost in half. With the widespread use of the cost-effective and energy-efficient power electronics technology of the TREZIUM System, the U.S. would be able to reduce its electrical energy consumption by 33%.


The savings come from a new power solution that provides twice the power at half the weight -- almost double the electric efficiency -- of conventional alternating current motor systems. Alternating current motors are used extensively in many products and applications worldwide, including refrigerators, power tools, and dryers.


The US Department of Energy estimates that alternating current motors consume more than 65% of the electricity produced today. The amount of energy savings possible from using the TREZIUM System is equivalent to the total output of 840 fossil fuel-based power plants.


The new technology combines highly efficient rare-earth magnetic motors with electronic motor controls. This permits an electronic regulation of the motor, compared with the mechanical methods that are used today. The effect is to almost halve the use of electricity, and halve consumers' costs.


"This is a major technological advance, particularly in the 1 to 2 kilowatt power range," Bonner said. "And it comes at an opportune time, considering our nation's energy and environmental needs."


Thor Power's patent pending electronic drives and brushless direct current motors together comprise the TREZIUM system. Starting nine years ago, Bonner started the first commercialization in Europe of the concept for power tools in the EEC. In 2002, he launched Thor Power for a world product and application.


"Today's introduction is the culmination of that seed effort," Bonner noted. "The current product is to a customer's specification. With proper financing, the market could see product in early 2006."


Thor Power is an early-stage intellectual property company specializing in the development and capitalization of electricity efficiency motor systems up to 5 kilowatts, representing more than 80% of the worlds' motor requirements for fractional horsepower motors. Thor develops energy saving technology, and then licenses it to original equipment makers, and sells complete TREZIUM systems to designers and developers. The company is located in the Ben Franklin Business Incubator on the Lehigh University campus in Bethlehem.


Source: Business Wire, Thor Power