Implementation of Solar Fuel Production Facilities
SOLATEC aims to globally unlock novel Artificial Photosynthesis technology for production of renewable solar fuel and chemical feedstock from industrial flue gas. The overall objective is to decisively alter the clean energy techno-economic ecosystem in Europe through execution of a world class initiative led from Bulgaria.
The world’s energy demand of 15 Trillion Watts is expected to double by 2050. We need clean energy and clearly the answer is the SUN – providing to earth in one hour the energy that society consumes in 1 year! The best way to store the solar energy is through fuels – approximately 65 times more energy dense than the best battery. However, fuels produce CO2. With approximately 35 billion tons emitted per year, CO2 is one of the major contributors to anthropogenic climate change. Although carbon capture and storage (CCS) is already high on climate change mitigation agendas, the utilization of the captured CO2 from industrial sources is the key to a genuine impact. Producing renewable solar fuels (Hydrogen, Methanol, Methane etc.) by Artificial Photosynthesis (AP) utilizing captured CO2 is globally recognized as one of the top most promising solutions to modern energy and environmental crisis with crucial industrial and commercial impact. AP has the potential to offset the cost of development of CO2 capturing technologies, whereas CCS alone requires the application of strict penalties or economic support for uptake by industry.
We are developing an AP technology using soap foam, solving some of the major problems that plague the emerging AP community-like membrane aging, cost and fuel-O2 separation. The outcomes can energize the economy and potentially revolutionize the power sector and industries (cement, chemical, iron and steel, paper etc.) exploiting critical social & environmental benefits. Our technology will support industry (facing tremendous pressure from environmental lobbies) to gradually phase out their coal dependence. CO2 emission can be captured on site and converted into fuel for satisfying basic energy needs. Through incremental stages of hybridization, renewable annex plants can phase out dependence on gas and biomass and serve as a model for closed loop co-generation in all applications that produce CO2.