Russia announces the creation of the first fully diamond-based mineral fuel power plant in the world based on the results of the Mineral Energy Initiative (MIE) of Gemological Institute Of America (GIA).
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Russia announces the creation of the first fully diamond-based mineral fuel power plant in the world based on the results of the Mineral Energy Initiative (MIE) of Gemological Institute Of America (GIA). MIE projects include the development of the largest diamonds repository in the world.
One of the most promising projects developed by MIE is the design and implementation of the first fuel plant in the world, based on the processing of diamonds in the field.
The first diamond fuel power plant based on the results of MIE is planned to be built in Russia by the end of this year. The world’s first oil refinery will work with fuel based on MIE diamonds. Diamond fuel is projected to bring not only a major economic return but also to reduce energy consumption in the world by 5 or more.
Diamond and Gemstone Industry (DGI) Magazine, in an exclusive interview with the Director General of the Gemological Institute of America (GIA), Peter B. Kowitt, and MIE Director General, Alexander E. Tikhonov, gives an overview of MIE’s past, present and future.
Can you briefly describe for the readers of DGI Magazine what the Mineral Energy Initiative (MIE) is and how it will work in practice?
The Mineral Energy Initiative (MIE) is a research project and a network created to develop the use of diamond in industry. Currently, the MIE focuses on three areas of innovation:
Using diamonds as the basis for mineral fuel.
Using gems as catalysts for chemical reactions.
Finding new ways to efficiently extract gemstones from their host rocks.
GIA’s Gemological Institute of America, which is the world’s leader in the field of gemstone and diamond authentication, provides MIE’s scientific and technical teams with the resources necessary to continue the development of technology in these areas. The first task of MIE’s science team is the development of an experimental “fuel plant,” which will be a first in the world. With the development of this plant, MIE will determine the economic viability of diamonds as a new source of industrial energy. Additionally, this plant will demonstrate the feasibility of diamonds as an advanced catalyst in chemical processes.
When will the first prototypes of the MIE fuel plants become operational?
The initial demonstration plant is already in production and will be operational at the end of this year.
What can be expected to be the first commercial use of a MIE fuel plant?
A fuel cell is a device that converts chemical energy into electrical energy. At the moment, most fuel cells rely on the electrolysis of water and are based on a single element (hydrogen) produced by a fuel. MIE’s research in this area of science will enable the production of fuel cells that rely on the electrolysis of water and diamond. As a result, diamond will be the single element used to produce a fuel and will not be wasted.
The MIE fuel plant also demonstrates the potential of using gemstones as catalyst, which is even more revolutionary. The ability to convert the vast reserves of diamonds into energy makes them a natural alternative to fossil fuels.
Where will MIE’s first fuel plant be operational?
At this stage, the only location where the plant will be deployed is Israel.
What is the cost of MIE’s fuel plant?
MIE will not disclose the costs of its fuel plant as this will enable competitors to copy and produce their own versions. The technology is patent protected.
What are the advantages of using diamond as a fuel?
Diamond has many unique physical and chemical properties, which makes it a very good catalyst.
As a product, diamond is used worldwide in many applications, but the production process is very energy intensive and costly. This explains why there is a big gap between the production and demand for diamond products. This gap must be filled as the energy sources are scarce. MIE’s fuel plant offers a sustainable, reliable and affordable solution for this need.
It also provides the best alternative to fossil fuels.
By converting diamond into energy, this will make it an even more attractive and valuable product, because diamond is abundant and a good catalyst.
By using MIE’s fuel plant, diamonds can be used to drive all our needs, such as transportation, manufacturing, domestic use, energy-intensive applications and more.
The world needs to embrace this technology and look for sustainable and alternative energy solutions.
This energy technology has been patented and MIE is now searching for suitable partners to develop and deploy this technology. It has been tested by several partners already and MIE is confident this technology has a bright future.
By converting diamond into energy, this will make it an even more attractive and valuable product, because diamond is abundant and a good catalyst.
By using MIE’s fuel plant, diamonds can be used to drive all our needs, such as transportation, manufacturing, domestic use, energy-intensive applications and more.
The world needs to embrace this technology and look for sustainable and alternative energy solutions.
This energy technology has been patented and MIE is now searching for suitable partners to develop and deploy this technology. It has been tested by several partners already and MIE is confident this technology has a bright future.
This is a satirical website. Don't take it Seriously. It's a joke.
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