- Jay Foster
Account Manager, Net Impact
The methanol economy: 99.9% renewable energy. Is it too revolutionary and where is the market?
There are several start-ups who are investing resources in methanol production as an alternative fuel source. One in particular, Arizona Synthetic Fuels, has developed a patented process to produce methanol from recycled carbon emissions and hydrogen creating a sustainable fuel source which is carbon neutral and has the potential to reduce our dependence on diminishing resources. .
The trouble is finding partner institutions in carbon capture as well as private or public enterprise interested in commercialization.
As someone assisting in this project in their spare time, and with limited sources and expertise, I am interested in finding avenues towards further discussion and commercialization with parties with vested interest. The problem is where to start?
Closing Statement from Jay Foster
This video provides a brief overview of how methanol can be produced using no fossil fuels and minimizing carbon emissions. This video was filmed for a discovery channel program at Northern Arizona University.
There are definitely companies out there that are proving that these technologies are not only viable but much less capital intensive than say the large upfront investment costs to produce solar energy. Moving forward we are looking to run pilot programs in the USA and Australia at various sites to demonstrate the commercial capability of producing methanol from recycled carbon.