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Producing a lot of fuel for a demo plant.
75 million gallons per year of biodiesel is roughly $600 million in cash revenues!
This could be the answer to a lot of coal plants.
How much gov funds are involved?
If it has a subsidy, it is fraud.
That is revenues, not profit.
I’d be interested in knowing if its really a viable business model this company is pursuing or whether this is a big bail-out in the making.
A gallon of diesel has over 50 kwh of energy, full sunlight has about 1kw/square meter at noon. Factoring in efficiency of biologic systems, hours of daylight per day and conversion losses, that is going to be one big demo plant.
Yep, if government is involved in it, you can just about guarantee that it is fake and a scam to part investors from their money.
You know, I have always been interested in “alcohol as a fuel”. You probably have heard the guy with the website of the same name. I have long thought that counties, particularly smaller or rural counties could build some “stills” to run their county fleet. I could even see fuel coops in such settings.
I do not know if the Joule Unlimited Biofuels demo plant is another Washington DC “green jobs” baby, I hope not.
I can see local folks putting together local solutions for some fuel issues, such as county and town vehicles and extending those successes from there to the general local population.
Who's paying $8 a gallon for diesel?
Fermentation processes aren’t anything new. What would be new is such a process which did not also consume copious quantities of fresh water.
As someone who does research in this field, it cannot possible perform as claimed!
I think I remember reading that Japan was doing this....40 years ago.
I volunteer to test a couple of thousand gallons/yr for FREE!
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>just Co2 and sunlight and the genetically manipulated organisms give off diesel.
So then, if we build a big brewery right next door...
(Carbon Dioxide is the *other* byproduct of the fermenting.)