Newfie wrote:So basically they are using the excess available water to power the process?
Dresden (Germany), July 10th 2017. The mass production of the environmentally friendly synthetic crude oil substitute Blue Crude becomes reality: from 2020 the first plant shall start its operation in the industrial park Heroya in Norway. It will be operating with an electric capacity of 20 megawatts, producing 8,000 tons of Blue Crude per year. Nordic Blue Crude AS, Sunfire, Climeworks, EDL Anlagenbau and additional partners have already started with the engineering. The synthetic Blue Crude consists of various hydrocarbons – making it comparable with crude oil. Refineries can use it as raw material for waxes, but also petrol, diesel, kerosene and even rocket fuel.
lpetrich wrote:30 billion barrels ~= 3.7 - 4.1 billion metric tons of crude oil (275 - 300 lbs/bbl).
2 euros/liter ~= 8.86 dollars/gallon at current exchange rates.
baha wrote:That's cool OS,
That is a technology that can be used to sequester CO2. Make it, inject down an old oil well, and cap it. The industrial revolution in reverse
baha wrote:That is a technology that can be used to sequester CO2. Make it, inject down an old oil well, and cap it. The industrial revolution in reverse
Outcast_Searcher wrote:baha wrote:That's cool OS,
That is a technology that can be used to sequester CO2. Make it, inject down an old oil well, and cap it. The industrial revolution in reverse
Cool, yes. But affordable or scalable? Maybe not.
Call it 4+ billion tons of crude consumed a year, based on 35 billion barrels or so as ballpark figures I found.
So with this plant producing 8 thousand tons a year, it would take a MILLION of them to produce 8 billion tons.
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