Fuel From the Air Technology Provides a Path to New Business for OPEC Countries - Lappeenranta University of Technology (LUT), Finland - Seite 2

"All technologies are known, most of them for decades", says Pasi Vainikka, Principal Scientist from VTT.

OPEC regions excellent for production

Neo-Carbon Energy is feasible in areas where renewable electricity is available at a low cost. Research shows that the most cost-efficient sites for producing hydrocarbons from the air are regions with abundant solar and wind resources, such as Patagonia, the Maghreb, the Horn of Africa or Western Australia. The Middle East region is also well suited for production. The products are globally tradable as of today. Additionally, the liquids and chemicals need refining, which indicates parts of the existing global fossil oil value chain could remain after some restructuring. A new pilot plant will be opened in Finland in June.

The Neo-Carbon Energy Project will be featured in the EU Sustainable Energy Week program.

For more information, please contact:

Christian Breyer
Professor
Lappeenranta University of Technology
[e-mail]
Tel. [phone]

Pasi Vainikka
Principal Scientist
VTT Technical Research Centre of Finland Ltd
[e-mail]
Tel. [phone]

Key research papers for further information:

• Long-Term Hydrocarbon Trade Options for the Maghreb Region and Europe - Renewable Energy Based Synthetic Fuels for a Net Zero Emissions World, Sustainability, 9, 306, 2017, http://bit.ly/2psoJlX

• Techno-Economic Assessment of Power-to-Liquids (PtL) Fuels Production and Global Trading Based on Hybrid PV-Wind Power Plants, Energy Procedia, 99, 243-268, 2016, http://bit.ly/2oDE4uN

• Synthetic Methanol and Dimethyl Ether Production based on Hybrid PV-Wind Power Plants, 11th International Renewable Energy Storage Conference, Düsseldorf, March 14-16, 2017,http://bit.ly/2qvsLYf

• Long-term Hydrocarbon Export Options for Iran - Renewable Energy based Synthetic Fuels for a Net Zero Emissions World, 11th International Energy Conference, Tehran, May 30-31, 2017,  http://bit.ly/2pKuxYx

• Economics of global LNG trading based on hybrid PV-Wind power plants, 31st EU PVSEC, Hamburg, September 14-18, 2015, http://bit.ly/2e0qe24

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