The Market

Market

• There are 8,000 electrical power plants with 27,000 generators in the USA that need clean engines. Gas turbine engine cost $10 Million if electric companies budget an average of $10 million for each new clean engine; that is a $270 BILLION market.
• We believe we can build MegaTorq engines for less than $5 million because our MegaTorq hydrogen engine is more robust than gas turbines and less expensive to manufacture than gas turbines.
  With our price target under $5 million. We should be able to capture a large percentage of the market. With 27,000 engines at $5 million each; that is still a $135 BILLION market.
• We can replace heavy polluter coal, gas, and oil with MegaTorq engine that emits zero CO₂ by burning hydrogen.
• President Biden announced a goal of reducing anthropogenic CO₂ in the USA by 50% in 2030. Also, the USA is re-joining the Paris Accords for Climate Change that calls for large reductions in CO₂. This puts a lot of pressure on electrical power plants to redo their CO₂ emissions to near zero which makes MegaTorq Hydrogen Engines virtually essential.