Power production from combustion of fossil fuels, such as coal and natural gas, releases carbon dioxide (CO2) and contributes to rising greenhouse gas (GHG) levels in the atmosphere. Technologies capable of cost-effective CO2 capture and reuse would help stabilize atmospheric GHG levels and provide an opportunity to turn CO2 into a feedstock for valuable products, such as chemicals and fuels.
Project Innovation + Advantages:
Dioxide Materials is developing technology to produce carbon monoxide, or “synthesis gas” electrochemically from CO2 emitted by power plants. Synthesis gas can be used as a feedstock for the production of industrial chemicals and liquid fuels. The current state-of-the-art process for capturing and removing CO2 from the flue gas of power plants is expensive and energy intensive, and therefore faces significant hurdles towards widespread implementation. The technologies being developed by Dioxide Materials aim to convert CO2 into something useful in an economical and practical way. The technology has the potential to create an entirely new industry where waste CO2—rather than oil—is used to produce gasoline, diesel fuel, jet fuel, and industrial chemicals.
If successful, Dioxide Materials’ conversion process would change CO2 from a waste product into a useful, economically viable feedstock, allowing renewable fuels and chemicals to be manufactured at costs comparable to more traditional processes.
Converting CO2 to synthesis gas and liquid fuels would help reduce amount of petroleum imports.
Carbon capture and reuse technology could help stabilize atmospheric GHG levels.
Economically viable carbon capture and reuse technology could promote the growth of new industries capable of utilizing synthesis gas as a feedstock for valuable products.