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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 ...
Prometheus Fuels is a start-up company based in Santa Cruz which launched out of Y Combinator in 2019 to remove CO 2 from the air and turn it into zero-net-carbon gasoline and jet fuel. [ 98 ] [ 99 ] The company uses a DAC technology, adsorbing CO 2 from the air directly into process electrolytes, where it is converted into alcohols by ...
Reserves are the main asset of an oil & gas company; booking is the process by which they are added to the balance sheet. Contingent and prospective resource estimates are much more speculative and are not booked with the same degree of rigor, generally for internal company use only, reflecting a more limited data set and assessment maturity.
The STG+ process eliminates multiple condensation and evaporation, and the process converts syngas to liquid transportation fuels directly without producing intermediate liquids. [7] This eliminates the need for storage of two products, including pressure storage for liquefied petroleum gas and storage of liquid methanol.
The purpose of the IPMVP is to increase certainty, reliability, and level of savings; reduce transaction costs by providing an international, industry consensus approach and methodologies; reduce financing costs by providing a project with a Measurement and Verification Plan (M&V Plan) standardisation, thereby allowing project bundling and pooled project financing.
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The issue is still subject of numerous studies, and prompting academic argument. That's mainly because the "energy invested" critically depends on technology, methodology, and system boundary assumptions, resulting in a range from a maximum of 2000 kWh/m 2 of module area down to a minimum of 300 kWh/m 2 with a median value of 585 kWh/m 2 according to a meta-study from 2013.