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uksausage

07/06/16 2:09 PM

#53222 RE: sps50 #53220

the problem is that once you have ERC running it produces so much formic acid the price of your durm collapses to just a dollar or two.

Hence the companies thinking of implementing ERC will not as the process isn't commercially viable.

Hence the switch in R&D to Syn gas and I also suspect the reason for delays in grants and the actual projects themselves.

It is all starting to make sense - the delays are to enable a viable business model to be found. Once proven GE can now buy out Mantra for a tenth of what it would have cost just a couple of years ago and haven't had to do any of the R&D.