Cleantech company ENG8 International has launched a £3 million fundraising round to accelerate its EnergiCell technology that’s developing a greener, cheaper way to generate power. The EU-based company is targeting delivery of its first energy sales in Portugal within the next 12 months.
A UK rollout of its catalysed fusion innovation – a scalable solution for UK energy independence – will then follow. Amid the drive to net zero rising energy costs are increasing economic pressures on British households and businesses. ENG8 is part of the Low Energy Nuclear Reaction (LENR) technologies sector that has been under development for decades with the promise of a commercial solution. Some international laboratories are showing LENR tech to work with viable cost benefits The International Society for Condensed Matter Nuclear Science (ISCMNS), under joint UK and USA leadership, was formed more than 20 years ago to unite scientists and engineers worldwide in advancing LENR research that’s also called cold fusion or catalysed fusion.
Now more than 10 companies are working on commercial LENR solutions and numerous universities are engaged in public and government funded LENR research.
The EU’s Clean HME program has shown that LENR reactions release over ten times more energy than chemical reactions. A NASA report showed LENR processes can release similar amounts of energy to conventional atom-splitting fission and atom-combining fusion reactions per amount of material used. LENR doesn’t use or produce radioactive materials with minimal amounts of fuel involved often water or hydrogen from water.