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Prometheus Fuels is an American energy startup developing tools to filter atmospheric CO 2 using water, electricity, and nanotube membranes to produce commercially viable fuels. When powered by renewable electricity sources, e-fuels produced by such direct air capture methods do not contribute further emissions, making them carbon neutral . [ 1 ]
As a scientist, McGinnis is known for his contributions in the domain of desalination and forward osmosis; [1] in particular he is credited as a co-inventor of the NH 3 /CO 2 draw solution for the forward osmosis (FO) desalination process. [6] [7] [8] McGinnis is CEO at Prometheus Fuels, an environmental technology startup company he founded in ...
The basic constraints of the economic dispatch problem remain in place but the model is optimized to minimize pollutant emission in addition to minimizing fuel costs and total power loss. [1] Plot from the SMARD data portal showing electricity generation in Germany in mid-December 2017. The ordering of the 'layers' is based on merit.
The process of realizing value from data can be subdivided into a number of key stages: data assessment, where the current states and uses of data are mapped; data valuation, where data value is measured; data investment, where capital is spent to improve processes, governance and technologies underlying data; data utilization, where data is ...
Techno-economic assessment or techno-economic analysis (abbreviated TEA) is a method of analyzing the economic performance of an industrial process, product, or service. The methodology originates from earlier work on combining technical, economic and risk assessments for chemical production processes. [ 1 ]
Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil and gas reserves and coal reserves. It is defined as the "quantity of energy sources estimated with reasonable certainty, from the analysis of geologic and engineering data, to be recoverable from well established or known ...
Flaring a flow test, the first outward indication of a new oil or gas discovery, which has the potential to qualify for reserves assessment. Oil and gas reserves denote discovered quantities of crude oil and natural gas (oil or gas fields) that can be profitably produced/recovered from an approved development.
As with international investors, local business people are less likely to overreact to a piece of bad news if they understand the economic context. Tax data can be a source of economic data. In the United States, the IRS provides tax statistics, [12] but the data are limited by statutory limitations and confidentiality concerns. [13]