What’s Up Wednesday 5/22/19

Just Another Energy Scam?

Over the years, we’ve seen all sorts of energy innovations and related startups.  People who claim to have discovered the secret sauce to harnessing energy and converting it into electricity at an ultra-low cost.  YouTube is littered with these “inventions” and “innovations”.  So-called free energy contraptions that make no sense to anyone with even the most basic understanding of physics.  Another one of these low-cost energy startups is now on the scene and this one is garnering more exposure and a larger following than the typical semi-coherent quack that we usually see with this type of product.  So how is this one different than all the others we’ve seen in the past?

This inventor’s company and product were recently covered in the Wall Street Journal.  Prior to that, he and his device were mentioned on some alternative-energy blogs and forums.  People have generally been skeptical of his claims.  Considering all of the fraud in the energy space over the years and how his device seems illogical on the surface, it’s hard to disagree with those skeptical opinions.  But for the sake of our argument, we’ll give the inventor and his device the benefit of the doubt.

The Inventor’s name is Dennis Danzik.  He’s the science and technology officer with Inductance Energy Corp.  The created device is called the Earth Engine.  According to the company’s website, it’s a “power that uses no fossil fuels, produces no heat, and requires no combustion.”  A further elaboration on the website states the following:

Earth Engine is the world’s first and only power source propelled by Asymmetrical Magnetic Propulsion.  It can generate electricity, operate liquid pumps, air compressors, and other mechanical devices 24 hours a day, 365 days a year.  It is fully independent of the power grid and offers significant cost savings over other technologies.  Earth Engine creates constant, reliable, and renewable energy.

Danzik’s claim is that the device does not violate the laws of thermodynamics (physics).  According to him, it is not a perpetual motion machine, a term he hates, and instead employs force derived from two opposing magnets.  The magnets carry energy that is depleted gradually during use and therefore they must be recharged every three years.  According to Danzik, conservation of energy does apply to his device and that first law of thermodynamics is not being violated.

You can read more about the device and see a video on the subject at the following URLs:

https://ie.energy/earth_engine/

https://www.youtube.com/watch?v=1bA2OMRcxKo

https://www.youtube.com/watch?v=XZkuteW_Q9k&t=14s

Again, we are not judging Danzik’s device, his claims, or his company, but there are certainly reasons to be skeptical given its description.  The understandable doubts surrounding the product has prompted the company to do something a bit different as it approaches monetization.  Instead of selling the devices directly to customers and asking customers to absorb a considerable up-front expense, it’s chosen to sell the energy produced by the device.  Essentially, it’s selling a service rather than the device itself.  This is a somewhat novel method to get past customer skepticism and resistance to the high up-front cost.  It helps to minimize the potential risks to the customer and provides Danzik with a method to control his intellectual property.  The company apparently has the ability to monitor the devices 24/7 to make certain that they are not tampered with or reverse engineered.

Right now, Inductance Energy Corporation only offers its services to business customers.  It does not yet have a consumer model applicable for home use.  In fact, the installation of commercial units has recently begun; as of now, some are up and running.  There will obviously be considerable interest in the service if current customers offer glowing reviews.

It’s an interesting story to review and it’ll continue to be an interesting startup to follow in the coming months.  To really approve such a technology will take some time.  I’m sure this isn’t the last time we’ll hear from or about this company – whether that news is positive or negative.  An inexpensive clean energy source has been chased by scientists and entrepreneurs for a long long time.  Let’s hope this isn’t just another case of outlandish claims that prove false after all is said and done.

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