Saturday, January 25, 2020

New CO2 Fuels Ltd | We Provide Services to Convert CO2 From Industrial Flue Gases Into Fuels

NewCO2Fuels Ltd., founded in 2011, commercializes a technology conceived by Prof. Jacob Karni’s laboratory at the Weizmann Institute of Science. Prof. Karni and his team conducted eight years of research on high-temperature CO2 dissociation and showed that the technology has the ability to convert CO2 into fuels.

NewCO2Fuels is managed by experienced executives in the high technology and cleantech industries and employs talented engineers working in collaboration with Prof. Karni’s team to develop and build an economically viable CO2-to-fuel reactor using solar thermal energy.

NewCO2Fuels Ltd. is a subsidiary of GreenEarth Energy Limited (ASX:GER), a diversified Australian renewable-energy company with interests in conventional geothermal resources as well as the development of new technologies in Australia and abroad.

TECHNOLOGY

Process

CO2 and H2O Dissociation Process

NCF solutions are based on a technology successfully developed in Israel by Professor Jacob Karni and his team at the Weizmann Institute of Science and proven in laboratory trials. The technology involves a new method of using very high temperatures for the dissociation of carbon dioxide (CO2) to carbon monoxide (CO) and oxygen (O2). Simultaneously, the same device can dissociate water (H2O) to hydrogen (H2) and oxygen (O2). The CO, or the mixture of CO and H2 (called syngas), can then be used as gaseous fuel (e.g., in power plants), or converted to liquid fuel (e.g., methanol or other synthetic fuels), which have the potential to be stored, transported, and used in motor vehicles. The oxygen produced in the process can be used in the combustion of the clean fuel, for example, using advanced-combustion methods, such as oxy-fuel combustion in power plants.

System

Integrated Technology

NCF is developing a completely integrated, self-sufficient energy solution that produces synthetic fuel from CO2 and water using high temperature heat. The technologies consist of the capability to dissociate carbon dioxide and water at very high temperatures by heating air and transfer it in a controlled environment, and to optimize operation under varying conditions. In addition, the excess heat is used to generate electricity needed for the system to create a self-sufficient system.

Product & Custom Solutions

Overview

Producing Synthetic Fuels out of CO2 through the Use of High Temperature Heat

NCF is developing an innovative, cost competitive, self-sufficient system to produce fuel from CO2 water and renewable energy. The core technology is a high temperature driven, CO2 and water dissociation process that produces syngas (mixture of CO and H2), from which various synthetic fuels and chemicals can be produced.


The uniqueness of the technology lies in the overall 40% conversion efficiency of the process, enabling competitive prices without any governmental incentives for end product fuels while recycling CO2 emissions.

NCF Uniqueness
  • Very high efficiency (~40%)
  • Synthetic fuel production
  • CO2 as feedstock
  • Price competitive with traditional fuels
  • Flexible configuration and capacity
  • Integrated / self-sufficient solution
  • Highly qualified and diversified team
  • Highly attractive economics of product and company
Custom Solutions

CO2-emitting facilities can easily integrate NCF systems into their existing plants, such as steel plants, gas wells or coal gasification plants, using the emissions as feedstock to produce syngas.

From there, NCF can provide syngas to the facility (as in the case of coal gasification) or use conventional methods and systems to produce various types of synthetic fuels, such as gasoline, diesel, kerosene, methanol, and DME. In addition, the oxygen produced can be used by the emitting facility if needed, or sold to the traditional market.

Steel

CF’s system produces fuel from CO2 and H2O using available high temperature heat sources to drive a thermo-chemical reactor, in which the CO2 and H2O are dissociated at ~850°C.

The waste heat from steel plants, available for example in the slag, could be used as heat source for NCF’s reactor.
Synergy with steel plants
  • Use emitted CO2 as feedstock
  • Produce oxygen
  • Integrated / self-sufficient solution
  • Syngas production for internal use
Gas Wells

Many gas wells contain a mixture of methane, carbon dioxide, and water. Presently, special means are implemented to separate the carbon dioxide and water from the methane using some of the latter as the energy source for the separation process. After separation, the methane is transported to end users, while the CO2 and water are released into the atmosphere, adding to existing greenhouse gas emissions.

A NewCO2Fuels plant can be used to convert the released carbon dioxide and water into drop-in fuels such as synthetic gasoline, diesel, and methanol. Alternatively, the syngas produced can be used to drive the separation process, hence increasing the natural capacity of the plant.


Advantages for Gas Wells Using NCF Technology:
  • Reduced greenhouse gas emissions
  • CO2 emissions used as feedstock
  • Increased capacity of current production
  • Produces synthetic fuels
  • Clean energy source
  • Enhanced revenues sources
Power Plants (Oxy-combustion)

Power plants are one of the world's largest polluters, since as an industry they emit the largest amount of carbon dioxide worldwide.

NewCO2Fuels can convert these carbon dioxide emissions into drop-in fuels, such as synthetic gasoline, diesel, and methanol, or produce syngas, which can be used as an energy source by the power plant. NCF systems obtain the required CO2 from the power plants' flue gases by conventional means.

The use of NCF product can be further improved when implemented together with Oxy-Combustion power plants. In this case, the flue gas is pure CO2, hence reducing cost, while the oxygen NCF produces is fed into the combustion chamber, reducing the ASU required output and decreasing its operating cost.


Advantages for Power Plants using NCF Technology:
  • Reduced greenhouse gas emissions
  • CO2 emissions used as feedstock
  • Produces synthetic fuels
  • Increased capacity of current production
  • Clean energy source
  • Provides oxygen to the facility
  • Lowers actual costs
Coal to Liquid and Coal to Chemical plants

Coal-to-liquid (CTL) plants convert coal into synthetic fuels or other chemicals. Coal-to-Substitute Natural Gas (CTSNG) plants gasify coal and produce methane. Both processes use coal gasification technologies to gasify with the aid of oxygen to produce syngas, which it then transforms into fuels or other chemicals, using technologies like Fischer Tropsch. These plants are high emitters of CO2, produced during the gasification stage and separated at high purity.

NewCO2Fuels can convert these CO2 emissions into syngas according to the ratio required for the plant's final product, and inject the syngas into the existing syngas-to-fuel or syngas-to-chemical facility. At the same time, NCF can supply the plant with oxygen for its gasification process, thus reducing the ASU required capacity and the associated operation cost.


Advantages for CtL Plants from NCF Technologies:
  • Reduced greenhouse gas emissions
  • CO2 emissions used as feedstock
  • Increased capacity of current production
  • Produces synthetic fuels
  • Clean energy source
  • Provides oxygen to the facility
  • Enhances revenues sources
  • Lowers actual costs
Others

Many other industries and plants, such as the aluminum, and cement industries, coal-based methanol plants, and gas-to-liquid plants produce large amounts of carbon dioxide and emit them freely into the atmosphere.

NewCO2Fuels can use the emitted CO2 to produce syngas or synthetic fuels. The NewCO2Fuels process is flexible and can be adjusted according to industry requirements and size.

Steel, Aluminum and Cement Industry

Coal-to-SNG

The main advantages are:
  • Reduced greenhouse gas emissions
  • Produces synthetic fuels
  • Uses CO2 emissions as feedstock
  • Increases capacity of current production
  • Clean energy source
  • Provides oxygen to the facility
  • Enhances revenue sources
  • Lowers actual costs
Alternative Solution to CO2 Emissions

NewCO2Fuels is developing an innovative and breakthrough technology providing a revolutionary, cost-effective solution to two global concerns: CO2 emissions and diminishing liquid fuel reserves. Our product uses a proprietary technology that generates liquid fuels by using CO2 emissions and water as feedstock, and high-temperature heat sources such as excess heat from energy intensive industries and concentrated solar energy.

Climate Change - The World of Tomorrow

Synthetic Fuel Production

NewCO2Fuels innovative technology converts CO2 and H2O into syngas and from it synthetic transportation fuels or chemicals using present available technologies. The end products are competitive with current market prices with no incentives thanks to the very high efficiency rate of the NCF system.

Watch how we convert CO2 to fuel

Integration with Existing Energy Intensive Facilities

NewCO2Fuels provides a modular solution that can be easily integrated in various CO2-emitting industries. NewCO2Fuels' system uses the CO2 emitted by the facilities as feedstock and converts it into a useful and high value product that can enhance the facility's production capacity, lower its operating costs, produce new products and improve overall efficiency.

NewCO2Fuels Technology Explained

Source: New CO2 Fuels Ltd

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