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re: Ann: NewCO2Fuels signs agreements with tw... Algen, your...

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  1. 5,339 Posts.
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    re: Ann: NewCO2Fuels signs agreements with tw... Algen, your correction is appreciated.
    I got carried away and did not double check; my apology to all readers.
    (Let stick to the officail asx version

    "Two of the biggest in the world..'


    When I googled 'jpost+newco2fuels', i found another techno improvement by NCo2, discovered a week ago:

    "Extreme heat v Solar"

    This will make future commercial projects more cost-effective, and better RoI for partners,
    big or small, in Europe or Asia.

    All is good!

    Dyor
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    Israeli startup aims to harness excess industrial heat to transform CO2, water into fuel

    By SHARON UDASIN
    04/29/2014

    "They have heat – they do nothing with it right now,” says CEO of Rehovot-based New CO2 Fuels.
    excess heat

    ---

    Excess heat squandered in industrial production processes, as well as the carbon dioxide and water vapors emanating from their chimneys, will soon be put to positive use by an Israeli start-up.

    The Rehovot-based NewCO2Fuels (NCF) plans to use the extreme heat released by factories such as steel, ceramics, glass and gasification plants – where residual heat temperatures rise to 1,450°C – to drive an innovative fuel production process, the company’s CEO, David Banitt, told The Jerusalem Post this week.

    Through a process of electrolysis, catalystand membrane-laden cells capture the CO2 and water these factories emit, generating the highly potent syngas (a mixture of hydrogen and carbon monoxide) and a separate stream of oxygen.

    While the heat used to drive this process originally came from solar sources – and still does in the company’s proof-of-concept laboratory at the Weizmann Institute of Science – the scientists feel that recycling the energy from the process itself would make this configuration a more marketable mechanism.

    “What we found out is, there’s a lot of heat in the industry not used, and we could use that heat as well to drive our process,” Banitt said.

    “We are moving more to exploit the high temperature excess from those industries.”
    .....

    http://www.jpost.com/Enviro-Tech/Israeli-startup-aims-to-harness-excess-industrial-heat-to-transform-CO2-water-into-fuel-350788
 
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