4 ms·
Demonstrated overall conversion efficiencies for CO2 to fuels are already in the 25-50% range, depending on the fuel. We are confident we can get to at least 50
by rmcginnis 7y ago
Demonstrated overall conversion efficiencies for CO2 to fuels are already in the 25-50% range, depending on the fuel. We are confident we can get to at least 50% for our process. We will not be taking renewable power away from other uses - in the short term we'll be using marginally useful power (wind at midnight, solar at noon, etc), as we need the power to be low cost, and any time it has higher value uses, it won't be cheap enough. So we are not removing it from other beneficial use. Also, as we scale, we will cause much more solar and wind power to be available as we will be buying a lot of it. In the long term, aviation and shipping are likely to still use liquid fuel, yes.
- s1512783 7y agoThanks for the reply, I get the load balancing part now, I did not think about that. I was thinking a lot recently about flying and how we could make it work in the (hopefully) greener future. This is definitely a more sensible way of doing it than electric jets, good luck with your company!
- rmcginnis 7y agoThanks!
- mrep 7y agoHow do the unit economics look for using your tech as a battery store and then burning excess fuel for grid energy when demand is high?