KLD Energy Technologies Among Featured Companies At World Future Energy Summit in Abu Dhabi
Company Invited to Show Breakthrough Sustainable Electric Motor System to Global Attendees
KLD Energy Technologies Inc. and its innovative electric motor system have earned a featured place at next week's World Future Energy Summit in Abu Dhabi.
KLD is among a small number of businesses invited to share their breakthroughs with summit attendees within the "Innovate @ WFES" area, a hub for companies with important new clean-energy and other environmentally friendly technologies.
WFES is the world's foremost meeting on future energy, energy efficiency and clean technologies. The Jan. 16-19 summit will draw government, business, finance, academic and industry leaders who share a keen interest in the growing need for sustainable energy. The event is held annually in Abu Dhabi, the capital and second-largest city of the United Arab Emirates.
KLD's revolutionary motor system-comprising the motor, battery pack and controller-significantly advances practical use of electric propulsion, with potentially enormous environmental and social implications. The system is applicable in a broad range of high-volume products that rely on efficient, high-torque motors. Those industries include, but are not limited to, motorcycles and scooters, equipment for wind-energy generation, elevators and escalators, air conditioners, pumps, and three- and four-wheel vehicles.
"Until now, electric motor technology hadn't meaningfully changed in a century, and that's why electric propulsion isn't yet the widespread solution to our global environmental challenges that it can be," said Christian Okonsky, the founder and chief executive officer of KLD.
"The potential benefits of electric are evident to everyone, and what KLD has developed allows manufacturers and their customers to take advantage of those benefits."
Mr. Okonsky said that KLD's motor system "represents an enormous technological leap" that is better in significant ways. Applied to motorbikes, he said, the system makes electric comparable to or better than gas engines in performance, efficiency, serviceability, green profile and total cost.
Eclimo Sdn Bhd. of Malaysia and Vmoto of Australia both are preparing to introduce electric scooters and motorcycles based on KLD's technology. KLD has an agreement with Zhejiang Qianjiang Motorcycle Co. Ltd. (QJ), one of the world's largest motorcycle and engine companies, to produce the KLD motor system and use it in QJ's own products. Contracts with manufacturers in other industries are pending.
According to the U.S. Department of Energy, 50 percent of the world's energy is consumed by electric motors systems. Another source estimates that just a 10-percent improvement in the efficiency of electric motors would slash global energy costs by $100 billion, while greatly reducing the carbon effect of electric power generation.
Those data illustrate why KLD's technology is expected to be highly relevant at WFES within dedicated conversations about wind power, energy efficiency, and making sustainable energy more economical.
"What makes WFES special is that it brings together people working on major environmental projects and those with the expertise and technologies to help get the projects done," said Mr. Okonsky. "KLD is honored and proud to be part of that exchange."
In 2011, WFES attracted more than 26,000 attendees from around the world-including about three dozen official delegations-as well as 600 exhibitors representing nearly 40 countries to Abu Dhabi.
About KLD Energy Technologies Inc.
Austin, Texas-based KLD Energy Technologies' mission is to develop innovative, sustainable technologies. The company, focused on the research, development and commercialization of advanced technologies, has received acclaim and worldwide interest in its first product, a complete system that redefines the performance of electric propulsion and generation systems in dozens of industries. The system is designed for high-frequency operations, offering revolutionary system efficiency. KLD Energy Technologies is dedicated to bringing clean technologies to a global marketplace. For more information, visit www.KLDEnergy.com.