managerfert.blogg.se

If Prometheus carbon neutral fuels will be produced at the scale and cost ( $3 a gallon) promised, it will indeed help address the climate crisis. Together they can produce around 50 billion e-fuels a year and capture about 7 billion of CO2 by 2030. Last April, Prometheus said that it expects to have 500 carbon capture plants working by 2030.

Prometheus Dubious Claims and Failed Promises Prometheus earned its Unicorn status with a $1.5 billion value after completing its venture round last year. It was even specified by the Biden administration’s shift to sustainable aviation fuels. It also made deals to sell millions of gallons of its fuels to American Airlines and other airlines. The major ones are BMW’s investment arm, shipping giant Maersk, and Y Combinator. The firm says it has raised more than $50 million from various financing partners. Investors have poured money into the company. The image below shows the key processes involved in producing the firm’s e-fuels Prometheus Titan Fuel ForgeĪ commercial-scale version of Prometheus carbon neutral fuel will use power from solar and wind energies. With this technology, the startup aims to reduce CO2 emissions by over 20 gigatons a year. Prometheus calls its final fuel electric fuels (e-fuels) with no agricultural inputs and no waste products. These fuels have identical molecules to the ones used in cars and planes. In a year, a single Titan Fuel Forge can turn 900 tons of CO2 into 100,000 gallons of gas, diesel, and jet fuel. Then it concentrates the alcohol to get rid of the energy-intensive distillation process. This unique system converts the captured CO2 into alcohol. It’s a prototype that combines direct air capture and a novel nanotube membrane with a device that sucks CO2 from the air. The company calls its CO2 capture technology the Titan Fuel Forge. The Technology Behind Prometheus Carbon Neutral Fuel The firm’s carbon capture method offers a great promise to replace oil and gas with zero net carbon fuels.īut many are skeptical if the energy startup can achieve its ambitious mission. This $1.5 billion startup develops direct air capture methods that filter CO2 to create commercially viable fuels. This fuel is “carbon neutral” because producing it uses only renewable energy sources. Prometheus aims to remove CO2 from the air and turns it into zero net carbon fuel at a price as cheap as dirty gas. Prometheus Fuels has made deals to deliver millions of gallons of carbon neutral fuel despite missed targets and skeptics.