Energy Is The Key To Clean Water… And More
ERII develops energy recovery devices and high-pressure and circulation pumps primarily for the use in seawater desalination. The company’s energy recovery devices include pressure exchanger devices and turbochargers, as well as high-pressure feed, circulation, and booster pumps.
Basically, the company serves engineering, procurement, and construction firms which design and build large desalination plants. Plus, ERII provides its products to equipment manufacturers supplying solutions to small and medium-sized plants.
Here’s the deal…
As I mentioned earlier, desalination is a very expensive process. And, it used to mean it was an impractical technology to use on a large scale. One of the problems – the process consumes significant amounts of energy.
That’s where ERII comes in. Its products are designed to dramatically reduce the energy required for seawater desalination.
In a nutshell, the company’s Pressure Exchanger recycles much of the energy used in desalination by continually reclaiming the otherwise lost pressure energy from the reject water (the stuff still containing salt). In this task, the product is 98% efficient.
More importantly, by harnessing the pressure of the reject water, the energy efficiency of the desalination process is improved by up to 60%. That improvement is significant to the point of making desalination an affordable option to address the world’s growing water needs.
The Pressure Exchanger is such an important, high quality product that ERI has captured 70% of global market share in newly constructed large desalination plants across the world. And with the clear need for more water, you can bet more and more desalination plants will be built in the coming
years.
To be more specific, ERII expects the desalination industry to grow by 25% over the next four years. Not only are emerging markets developing to the point where they can consider desalination as an option, there’s also strong demand for water for industrial use.
And that’s not all…
Water isn’t the only area where ERII’s products can be used. In fact, the products make perfect sense for the vast oil and gas industries.
Just like water, oil and gas are forced through pipes using pressure. As such, a similar technology can be used to recycle energy for oil and gas processing. It turns out, ERII’s products can improve energy efficiency in this process by roughly 50% or more.
Imagine all the oil and gas processing going on, and you can easily see that massive amount of energy savings that could take place across the industry if ERII products are adopted.
And since, the company has just gotten started marketing to this industry, there’s still enormous market share left to be captured.
Finally, once the oil and gas market is addressed, the company can move on to other fluids. Areas such as mining, food processing, chemical processing and municipal are all important targets for ERII’s innovative technology.
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