Remove Conversion Remove Financing Remove Oil Remove Waste
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VTT and partners to assess bio- and waste-based oils suitable for power plants and ships; BioFlex project

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In a three-year Business Finland BioFlex project, VTT—the Finnish state-owned research agency—and partners are exploring how suitable fuel oils made from biomass and waste plastics are for power plants and ship diesel engines. We are also conducting experiments to examine the suitability of the oils for applications.

Waste 170
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Renewable fuels and biochar company Cool Planet closes on $100M Series D financing

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Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. Catalytic Conversion: Cool Planet has developed a number of proprietary catalytic conversion processes to convert these useful hydrocarbon components into different types of fuels.

Financing 225
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DOE to award $118M to 17 projects to accelerate domestic biofuel production

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Financing for novel biorefinery process systems can be a barrier to commercializing advanced biofuels, and this funding will reduce technological uncertainties and enable industry deployment. This project will demonstrate the conversion of gaseous carbon wood wastes (terpenes) to renewable Terpenes SAF blending components.

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

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In a pre-response to that speech, having successfully advocated for plug-in hybrids like the forthcoming Chevy Volt, we propose that the President follow that speech up with a “realistic and conservative” roadmap to halve our oil use in 10 years. Oil is holding us all hostage, economically and physically. Finally, it’s time to begin.

Oil 252
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Lux Research provides snapshot of oil majors’ investments in alternative fuels; BP leads investment frequency

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Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. Less active oil majors in this space include ExxonMobil and ConocoPhillips.

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USDA provides $91M loan guarantee to Cool Planet for biogasoline blendstock plant; biomass pyrolysis and catalytic conversion

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Cool Planet has devised a biomass-to-liquids thermochemical conversion process that simultaneously produces liquid fuels and sequesterable biochar useful as a soil amendment. One of the catalytic conversion processes creates the high-octane gasoline blendstock. Earlier post.). Earlier post.).

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SITA UK and Cynar to build UKs first commercial plants to convert waste plastic to diesel

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The waste plastics to hydrocarbon fuels liquefaction technology is based on pyrolysis and distillation. The objective of the new agreement is to build 10 UK plants dealing with 60,000 tonnes of mixed plastic waste per year and to commission the first plant in London by end 2011. Cynar system.

Waste 231