Midwest Energy Emissions Corp. — Cyborg Score 5/10
Mixed
Coal power plant emissions control
Strategic Profile
In May 2017, ME2C acquired full patent rights for its Sorbent Enhancement Additive (SEA™) mercury emissions control technology from the Energy & Environmental Research Center Foundation for $2.5 million and 925,000 shares of common stock. The company has developed patented technology and proprietary products that achieve mercury removal at significantly lower cost and with less operational impact than currently used methods, while preserving fly-ash marketability for beneficial use.
Cyborg Score Rationale
ME2C operates in a specialized, regulated market with proven patented technology and multi-million dollar contracts from utilities. However, the company is small (7 employees as of recent data), trades on OTCQB (a lower-tier exchange), and appears to lack recent major announcements or growth catalysts since 2019, raising questions about current momentum and market relevance in an increasingly coal-averse energy landscape.
Top Insights
Proprietary SEA™ technology provides cost-effective mercury removal at 90%+ compliance levels, with lower operational impact than competitors
Secured multi-year contracts worth $1M+ annually as of 2019, indicating strong customer value and recurring revenue potential
Small, lean organization (7 employees) suggests efficient operations but may limit sales and development capacity
Decline of coal-fired power generation in North America poses long-term headwinds despite near-term regulatory compliance demand
Named Competitors
Activated Carbon Sorbents — Leading supplier of activated carbon for mercury control in coal power plants
Brominated Sorbents — Supplier of brominated sorbent mercury control technologies
Emissions Control Systems — Integrated emissions control solutions for coal-fired power plants
Sorbent Enhancement Technology — Alternative sorbent technology for mercury and multi-pollutant control
Recent Developments
(March 2019) Secured expansion of existing customer agreement for two new coal-fired boilers, expected to generate multi-million dollar annual revenue
(March 2019) Announced new multi-year supply contract valued in excess of $1M annually with USA-based utility
(June 2019) Appointed attorney David M. Kaye to Board of Directors to strengthen corporate governance
(May 2017) Completed acquisition of full patent rights for SEA™ technology from Energy & Environmental Research Center Foundation
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