Timetable - What we plan to do over the next couple of years
The AFS timetable for delivering commercial carbon-neutral, sustainable fuels
2012 – 2015 Demonstration facility and initial commercial projects
Develop practical designs at a variety of scales to advance our green technologies, processes, market insight and opportunities.
Key objectives for making sustainable fuels are:
- To progress AFS technology rapidly into commercially viable projects
- Build up renewable liquid fuel operational expertise and intellectual property
- Develop close renewable energy partnerships along the supply chain and into the marketplace.
We will achieve this by:
Stage 1. Developing initial commercial projects of 1 – 10 tonnes of renewable fuel per day
- Scaling up the Demonstrator and designing for minimum operator and maintenance time.
- Designing optimum sized containerised units for creating renewable and carbon neutral fuels.
- Entering agreements with customers for specialist high-performance carbon-neutral fuels, especially, initially in motorsports.
- Developing a range of commercial agreements with renewable energy technology partners.
- Exploit agreements with fuel technology companies by establishing non-fossil CO2 projects.
Stage 2. Commercial project development:
AFS develops commercially sustainable fuel projects by leveraging our technology and project expertise and connections. We build containerised fuel production units in projects which can be located anywhere that a supply of renewable electricity exists.
The projects that build these plants can include special purpose vehicles in which AFS holds minority stakes and licensing arrangements.
The work involved includes:
- Commercial assessment taking in the sustainable fuel market, technology, and geographic options.
- Detailed engineering studies, estimates, and plans. This includes identifying renewable energy technology suppliers who can develop and manufacture sustainable fuel technology, including; hydrogen electrolysers, CO2 release electrolysers, gas storage, and fuel manufacturing units.
- Commercial and system modelling to determine optimum product mix for commercially-viable sustainable fuel
- Full technology and economic proposals for producing sustainable liquid fuel.
- Project marketing, raising project funding and cementing relationships with project partners for renewable liquid fuel.
- Understanding market opportunities for sustainable liquid fuel both in current economic norms and as fossil-oil induced shocks occur.
Stage 3. 2015 - 2020
- Build larger commercial carbon-neutral, sustainable and renewable energy powered fuel project(s).
- Expand the "non-fossil CO2 to fuel" business.
- Market individual carbon-neutral technologies e.g. CO2 capture, fuels processing.
- Market proven containerised sustainable air fuel synthesis systems into initial niche markets.
- Continuously develop business plan and raise finance for follow on sustainable fuels projects.
- Continue technological and supply chain developments in renewable energy.
- Create further opportunities/exit points for investors, eg, through Special Purpose Vehicles (while minimising equity dilution of parent company).
Stage 4. 2020 - 2025
- Operate, or sell, initial sustainable fuels projects.
- Continue to grow the renewable, non fossil CO2 business.
- International development of individual technologies and containerised systems.
- Implement secondary sustainable fuels projects.
- Continuously develop business plans and raise finance for further renewable and carbon neutral fuels projects.
- Provide further opportunities/exit points for investors, eg, through Special Purpose Vehicles (while minimising equity dilution of parent company).
2025 onwards - Long term plan
Implement further sustainable air fuel synthesis projects (taking total fuel production up to and over 10 million tonnes per year)
Rushlight Awards 2012/13
The team at Air Fuel Synthesis believe there is a strong case, based on energy security and ambitious carbon reduction targets, to develop a drop in, near carbon neutral, aviation fuel using low carbon electricity, hydrogen, and atmospheric carbon dioxide.Read more...