Tuesday, June 28, 2011

Cold fusion economy supported by Greek government

There is a category of inventions called disruptive technology. Funding streams allotted to this sector award designers who innovate based on radical departures from incremental change. A cursory search of disruptive technology will yield many examples, most of which are IT-oriented, such as breakthroughs in social networking, cloud computing, and cyber security.

You will find little to no mention of the most disruptive technology of all, cold fusion, even as the first commercial device is poised to be installed later this year. Defkalion Green Technologies based in Athens, Greece holds the world rights, excepting the Americas, for Andrea A. Rossi’sEnergy Catalyzer, or ECat, a new energy reactor based on cold fusion technology, which Mr. Rossi prefers to be called low-energy nuclear reactions. A factory located in Xanthi, Greece plans to use an array of smaller models of the publicly demonstrated 12 Kw ECat, linked together, to generate 1Mw power for the purpose of manufacturing more ECats.

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Whatever the veracity of the report by Der Speigel Online that Greece would like to “exit’ from the Euro Zone, if a factory in Greece has the rights to manufacture the biggest breakthrough energy technology since the burning of wood, and the government has confidence that it’s ready to be commercialized, these events would influence any decision to leave the Euro behind, and speculate on perhaps creating their own currency backed by profits of ECat manufacturing and licensing, estimated in the hundreds of trillions of dollars? [5]

Separated from the European Central Bank, the people of Greece could be able to keep this wealth derived from energy, close to its shores. Where over two-thousand years ago, the roots of modern science, math, and democracy first emerged, we may now see a next-generation energy technology that will extend globally, for the first time in history, the opportunity for all humans to be equally self-sufficient.

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