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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 ]
Data valuation is a discipline in the fields of accounting and information economics. [1] It is concerned with methods to calculate the value of data collected, stored, analyzed and traded by organizations. This valuation depends on the type, reliability and field of data.
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 ...
Data valuation is an emerging discipline that seeks to understand and measure the economic characteristics of information and data. [ 12 ] Information, the price mechanism and organizations
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.
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.
Thermoeconomics can be thought of as the statistical physics of economic value [2] and is a subfield of econophysics. It is the study of the ways and means by which human societies procure and use energy and other biological and physical resources to produce, distribute, consume and exchange goods and services, while generating various types of ...
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 ...