new energy source--for real?

**Susan Horn** · 03-23-2009, 12:35 PM

This sounds amazing. Can it be for real? I've heard of Tesla generators of "free energy" for years, and wondered why, if the technology works, these contraptions weren't sold on every street corner. This sounds like something similar. But I don't know much about electromagnets, alternating and direct current, etc.

http://defuniakherald.com/?p=826
OWNES INVENTS MIRACLE MACHINE, THE POWER OF ONE

Mar 20th, 2009 | 0
By ASHLEY AMASON
�I am the only man that has ever designed a unit that can claim it defied the Newton laws,� said Walter Owens of his generator-like invention.
Owens, a retired flight engineer in the Air Force, first formulated ideas for the invention 21 years ago, but was told by a patent attorney it would never reach the market because oil and electric companies would shut it down.
Oil and electric companies could indeed stand to face great losses if Owen�s unit was mass-produced because it is a self-renewable energy resource with no pollution or emissions.
It is composed of coils, magnets, over 1,000 feet of wiring, a small motor and four batteries. Magnets on the underside draw static electricity from the air, then conduct the energy over the coils as a direct current and deposit it into the batteries, therefore recharging the batteries and making it a self-renewing energy supply. According to Owens, it can be built on any scale and used to power homes, automobiles, airplanes, factories and plants.
When the generator is turned on, it uses and creates power. The reserve charge of the batteries produces power, while the magnets simultaneously conduct and deposit direct current power into the batteries, making it a one-time expenditure. The x-factor being that the energy source�the air�is free. In fact, the unit is overcharging itself. Owens is now in the process of installing regulators that will switch the unit off when the batteries become overcharged and switch it back on (resume conducting/depositing energy) when they reach a normal level.
On why he chose to build the unit, Owens says, �I figured there was a need for power. There�s no question about that.�
Owens spent eight months building this second unit (the prototype is in research and development in Birmingham) and claims it produces 2,000 volts, enough to power approximately seven houses or one Wal-Mart. If that claim sounds unbelievable or just too good to be true, consider Owens� background as a flight engineer. After presenting a helicopter design to a professor at the University of Florida, the university offered him an honorary degree in aerospace engineering. What he calls the stupidest mistake he ever made, Owens declined the degree.
Not only is the unit environmentally-friendly and self-contained, Owens projects it would be an economic booster, providing as many as 10 million jobs in 18-20 months.
�You open up 25 assembly plants and every machine shop in the whole United States would be employed,� he said. With only fine-tunings left to complete, Owens says, �I�m hoping that somebody will get the money to finance it and we can put it on the market.�
Not only is Owen�s invention paradigm-shifting, so is the journey on which it�s taken him. Although he formulated the idea 21 years ago, he didn�t seriously consider building it until three years ago when he almost died of pneumonia. Lying in the hospital, Owens said he knew his time was running short and it was his obligation to finish the invention. Since leaving the hospital, he has not suffered one day of illness.
Just three months ago, while seeking engineers and manufacturers, Owens discovered he had a daughter he never knew, and a grandson in Mobile who is a helicopter engineer. Owens and his grandson are now working hand-in-hand to have the unit manufactured.
To see an interview with Walter Owens and more on his invention, tune into WMBB Channel 13 News on Thursday, Mar. 19, and watch for the Going Green segment.