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Prometheus CEO outlines tech advances that could make CO2-to-fuels renewable gasoline and jet price-competitive with fossil fuels

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In a commentary in the journal Joule , Rob McGinnis, founder and and CEO of Prometheus , a company that is developing technology to remove carbon dioxide from the air and turn it into fuels, discusses the technology advances that could lead to the potential price-competitiveness of renewable gasoline and jet with fossil fuels.

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Study estimates fuel economy improvements to US light-duty vehicles from 1975–2018 saved 2T gallons of fuel, 17B tons of CO2

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A team from the University of Tennessee and the National Renewable Energy Laboratory (NREL) has the fuel savings due to fuel economy improvements over the past 43 years amount to approximately two trillion gallons of gasoline. Estimated attribution of fuel savings due to fuel economy improvements to light-duty vehicles since 1975.

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PNNL team develops new low-cost method to convert captured CO2 to methane

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Methane derived from CO 2 and renewable H 2 sources is an attractive fuel, and it has great potential as a renewable hydrogen carrier as an environmentally responsible carbon capture and utilization approach. Using EEMPA instead reduces the energy needed to fuel such a reaction. A paper on the work is published in ChemSusChem.

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GlobalData: COVID-19 puts EV sales and CO2 fleet emission targets at risk

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GlobalData research shows that lower oil prices as a result of the COVID-19 crisis could reduce electric vehicle demand and impair EU efforts to significantly reduce average new vehicle CO 2 emissions in the European car market. However, the amount of time taken to make up that price differential depends on the cost of fuel.

CO2 353
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BMW i Ventures invests in Prometheus Fuels; CO2 air-capture and conversion to carbon-neutral gasoline

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BMW i Ventures has invested in Prometheus Fuels ( earlier post ), a company removing CO 2 from the air and turning it into zero-net carbon gasoline that it will sell at gas stations, at a price that competes with fossil fuels, starting as early as this year. to C 2 fuel products such as ethanol.

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EIA expects 7% increase in US energy-sector CO2 emissions as economic activity increases during 2021

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Increased economic activity and a changing fuel mix in the electric power sector in 2021 will lead to a significant increase in energy-related carbon dioxide emissions this year, according to the US Energy Information Administration’s (EIA) August Short-Term Energy Outlook (STEO). Gasoline prices averaged $3.14

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Montauk Renewables signs LOI with European Energy to provide CO2 for e-methanol production in Texas

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The e-methanol would then be used to fuel vessels for maritime shipping operations. The planned delivery would prevent biogenic CO 2 from entering the atmosphere and put it to beneficial use, creating a new fixed-price commodity revenue stream for Montauk.

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