Machine draws energy from permanent magnets

InventorOne, Inc., a small business located in Granville, NY, found a use for the large amounts of intrinsic energy stored in certain types of permanent magnets. The company invented the Static Field Converter, a machine that turns stored energy to electric power.

The Static Field Converter extracts that energy and converts it to electric power. The amount of stored energy contained in certain types of permanent magnets and the ease of obtaining it make permanent magnets useful as a large and long lasting source of stored energy.

The cost of extracting and converting the intrinsic stored energy in permanent magnets to electric power, using the Static Field Converter, is orders of magnitude less expensive than the cost of the acquisition and conversion of energy necessary for conventional power generation.

Electricity can electrolyze water into its constituent elements hydrogen and oxygen. The Static Field Converter can make this process economically viable. Hydrogen can replace fossil fuels, without pollution, in most combustion environments. It can power fuel cells which can be used to power electric vehicles.