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|Articles - August 2011|
|Wednesday, July 20, 2011|
Page 1 of 4
By Ben Jacklet
Imagine replacing coal with a clean-burning, carbon-neutral fuel source.
Imagine generating the same amount of electricity at the same power plants already used for coal — without spending millions to modify the plant, or billions to replace it.
Now imagine 20 to 25 new factories in some of the most economically depressed timber towns in Oregon, humming with activity as workers produce this new fuel source.
Imagine 1,500 new jobs bringing new life to moribund industrial parks from Coos Bay to Prineville to Burns.
These seemingly far-flung scenarios are the pillars of the latest business venture of Hiroshi Morihara, a 73-year-old scientist and business leader with a long record of accomplishments.
Morihara spent the 1990s running complex biotech companies in the Bay Area, flying from Portland to San Francisco each Monday morning at 6 and returning each weekend. Prior to that, he helped develop an advanced silicon processing plant in Moses Lake, Wash., that is still operating with the same technology after 25 years of production. Somewhere along the way, he and a partner bought the sprawling Persimmons Golf Course in Gresham, so when he wasn’t flying to and from the Bay Area to oversee the work of high-level scientists, he was running the golf course, teaching skiing (certified ski instructor since 1974) or running marathons (52 so far). “I’m used to being super busy,” he says, with a shrug.
Morihara is the founder and CEO of HM3 Energy, a small startup specializing in the torrefaction of woody biomass. Torrefaction is the process of using extreme heat to convert plant material into a dry, dense fuel that burns efficiently and cleanly. Morihara says he and his team of scientists can convert any plant material — forest slash, juniper, waste wood, crop residues, giant cane, even cow dung — into dense briquettes that can be crushed and fed into a coal-burning power plant with no adjustments to the plant. These briquettes are hydrophobic, meaning they can be stored outdoors in the rain, and when they are burned they emit no mercury and far less sulfur than coal. And while they do emit greenhouse gases, Morihara argues that burning biomass is a carbon-neutral act, since plants absorb the same amount of carbon during their life cycles as they release when burned. Coal, by contrast, is a fossil fuel mined from the earth that adds new carbon to the atmosphere when it is burned.
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
Tuesday, August 19, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Steve Balzac, author of "Organizational Psychology for Managers."
Wednesday, July 02, 2014
BY JESSICA RIDGWAY | OB WEB EDITOR
Dress for Success Oregon promotes the economic independence of disadvantaged women by providing professional attire, a network of support and career development tools.
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
Monday, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
Monday, July 07, 2014
BY TOM COX | OB BLOGGER
Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.
Monday, August 25, 2014
BY JASON NORRIS | OB GUEST BLOGGER
Ferguson Wellman’s investment views on the economy and capital markets.
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