Monday, March 11, 2013 4:47:55 PM
One cool possible spin off, would be to take large isolated natural gas wells that have a lot of CO2 in the gas. Separate the NG and CO2, then use the NG to produce electricity, to run an ERC, and make liquid formic acid that could could be trucked to market. Thus no need dump the CO2 to the atmosphere and no need for compressor stations and a long expensive pipeline for the NG. Small isolated NG well owners could suddenly make money off a previously worthless natural gas well that had too much CO2 to be economical to produce.
There are lot of interesting potential niche markets like that!!!
The idea is that there is excess power available from solar and wind at times, many wind generators throttle back at low power grid load times, when the wind speed is too high and when the wind can produce more power that the grid can take, so being able to produce that excess power and feed an ERC to make liquid fuel, gives us a way to store the excess power for use later, by storing the energy as liquid fuel, formic acid!!!!
It could seize that market before the new generation batteries ever get a real foothold on the power grid back up power market!!!
There are lot of interesting potential niche markets like that!!!
The idea is that there is excess power available from solar and wind at times, many wind generators throttle back at low power grid load times, when the wind speed is too high and when the wind can produce more power that the grid can take, so being able to produce that excess power and feed an ERC to make liquid fuel, gives us a way to store the excess power for use later, by storing the energy as liquid fuel, formic acid!!!!
It could seize that market before the new generation batteries ever get a real foothold on the power grid back up power market!!!
Ambition with out knowledge is like ship in dry dock. Going nowhere fast!
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