Sunday, December 2, 2007

‘Free energy’ firm raises €1.1 million

It looks like 15-india-street isn't the only one checking out Steorn's latest financials. Gavin Daly, a writer with The Post.IE, writes his second Steorn article:

Steorn, a Dublin firm that claims to be developing a system that creates free energy, has raised €1.1million in funds amid rising losses.
Gavin Daly was the first to write about Steorn and its free energy ambitions, a few months before their official Economist announcement. In the article Firm strives to extend mobile battery lifespans, Sean McCarthy, CEO of Steorn, compares Steorn's tech to kinetic watches.

22 comments:

maryyugo said...

Throwing good money after bad. Eventually the investors will learn a costly lesson.

Anonymous said...

Nobody cares.

Anonymous said...

Is Gavin Daly related to Mike Daly by any chance? Gavin always seems to mention Mike in his Steorn articles.

Anonymous said...

Nobody cares.

Anonymous said...

More interesting IMHO is what they write in their reporting for 2007 : they explicitly says they have no physical device, only "idea" for one. In other word all skeptic were right from the starts : Steorn has NOTHING.

Anonymous said...

Nobody cares.

zpe said...

007 is bitching on his blog that somebody is spamming it with "HOAX" votes. Is that true or is it just the GP voting their heart?

http://freeenergytruth.blogspot.com/

007 quit being an idiot. Not everyone is a paranoid fool like you.

Anonymous said...

007, get a clue. You're a loser!

Anonymous said...

booyah! new solar tech destroys Steorn. sianara Steorn.

http://www.charleston.net/news/2007/dec/06/men_claim_have_more_powerful_solar_panel24172/

Anonymous said...

what the heck is 007 talking about? what poll? where?

and who precisely is he refering to when he uses the word "we", as in we know who is doing this, etc.

Anonymous said...

booyah! new solar tech destroys Steorn. sianara Steorn.

******************

LOL. The link you provided doesn't work and also there is a BIG difference betwwen solar energy and free energy.

Ciao

gnatz said...

A local entrepreneur and an electrician from California say they have exclusive rights to a solar panel that will turn the energy industry on its head and help the environment — a device 15 times more powerful than any other and cheaper to boot.

The pair organized in July as FreEnergy LLC and unveiled their sun-powered generating system to a crowd of about 20 people in North Charleston on Wednesday.

FreEnergy's chief executive is Nelson Mensch, an electrician who moved to Charleston from California this year. He said he was a "total skeptic" when he first heard about the device but vowed that it produces about 3,200 watts of power versus 200 watts cranked out by an average photovoltaic solar panel.

The device is based on traditional silicon-chip technology, but its purported advantage is that it captures all of the light in the solar spectrum, as opposed to about 17 percent in the most efficient photovoltaic cells to date....

Anonymous said...

whats the URL to 007's blog?

Anonymous said...

"produces about 3,200 watts of power versus 200 watts...............The device is based on traditional silicon-chip technology, but its purported advantage is that it captures all of the light in the solar spectrum, as opposed to about 17 percent in the most efficient photovoltaic cells to date...."


Hang on a moment there Governor.

3,200 watts * 17% = 544 watts.

So not only does it capture "all of the light in the solar spectrum", it also multiplies it?

Wow. Or rather whoops.

maryyugo said...

Here's a brief article about it. It sounds likely to be a pump and dump stock scheme or a bilk investors and run scam. There have been and still are so many of these in the so-called "energy" field.

Why do I think it's scammy? Again, just as with Steorn, large claims like these are extremely easy to show -- in this case with one test panel and a few meters -- in front of people capable of understanding measurement methods. It would take at most a day (one sunny day actually) to demo the device beyond doubt.

Exactly like Steorn, Tilley, Gold, and all the other shlockmeisters of energy scams, these folks haven't done that all important demonstration--I'm sure you can guess why. At least I couldn't find any such demo had been done.

ben said...

It smells a bit fishy to me. It's hard to tell anything from a newspaper article though and their website is light on details of their new tech.
Has what they've actually said been mangled for the article or are they talking nonsense? Place your bets now.
With the comment about oil company supression thrown in there I'm betting on 'nonsense'. Still more feasible than Steorn though - at least they're (probably) not claiming to have broken the laws of thermodynamics.

drmike said...

If you want to see some interesting solar cell stuff check out these guys: http://www.heliovolt.net/

They are looking for engineers *now*.
But you need to move to Austin Texas
:-)

maryyugo said...

@dr. mike

Now we're talkin' ! That stuff looks like the real thing (for a change).

Anonymous said...

@ dr mike

I've been following this new stuff for a while. very exciting.

drmike said...

Here's one on magnets:
http://www.magnet.fsu.edu/mediacenter/news/pressreleases/2007october31.html

Seems like an interesting new approach, but it's still a superconducting magnet.

Anonymous said...

Thanks Dr. Mike,
Here's a link to a number of documents and presentations about this magnet: Split Florida Helix Magnet

I don't see where this thing is superconductive, though.

Overconfident

drmike said...

From:
www.magnet.fsu.edu/magnettechnology/research/magnetprojects/splitfloridahelix.html

References

[1] Bird, M.D., "Florida-Helix Magnets", IEEE Trans. On Superconductivity, vol. 14, no. 2, 2004, pp. 1271-1275.

[2] Toth, J., et al., "FEA-aided Design for a Working Model of a Split Florida-Helix", presented at MT-20, Aug. 27 – 31, 2007, Philadelphia, Pennsylvania, paper 4S05, to be published in IEEE Trans. Appl. Supercond.

I guess I just figured that since they are publishing in superconducting journals the magnet must be superconducting. To get to 30 Tesla it'd have to be, unless it's short lived.