NewCO2Fuels (NCF) is developing an innovative, cost competitive, self-sufficient system to produce fuel from CO2 and renewable energy.
The core technology is a high temperature driven, CO2 and water dissociation process which produces syngas (mixture of CO and H2), from which different synthetic fuels can be produced.
The uniqueness of the technology lies in the overall 40% conversion efficiencyof the process, enabling competitive prices without any governmental incentives for end product fuels while recycling CO2 emissions.
The technology is based on a research conducted by Prof. Jacob Karni’s team at the Weizmann Institute of Science in Israel, from where it is exclusively licensed.
The technology and product is protected by six patent applications, of which one has been granted in the United States, China, Mexico and Russia.
NCF has recently accomplished a successful completion of its Proof of Concept testing for high-temperature dissociation of carbon dioxide (CO2; as contained in industrial emissions) into carbon monoxide (CO) and oxygen. The achieved dissociation rate is 800 times faster compared to what was conducted two years earlier in a single apparatus.
Additionally, NCF concluded lately two separate collaboration agreements with two global companies to jointly develop and deploy NCF demonstration pilots with their facilities.
NewCO2Fuels funding is provided by ErdiFuels and Greenearth Energy.