Carbon Chain Energy Renewable Fuels, (“CCERF”), to be developed by Carbon Chain Energy, will be among the first wave of second generation commercial scale, cellulosic renewable fuel refineries in the U.S. The technology consists of a proven and certified, patented state-of-the-art, commercial scale, near zero emission carbon based “green wood waste” biomass gasifier. The technology also has a highly efficient back-end patented, gas-to-liquid (“GTL”) conversion system that generates a zero sulfur, drop-in premium ASTM D975 diesel fuel and/or jet fuel at a production cost that is below petroleum diesel and biodiesel fuels. Presently in 2017, cellulosic and advanced biofuels production in the U.S. has been well below the EPA’s RFS2 statutory annual mandates.
CCERF will efficiently convert green wood waste diverted from landfills, as well as other types of wood waste from forestry maintenance, into premium #2 renewable diesel fuel and/or jet fuel. The Refinery’s use of certified and commercially proven technologies, coupled with using cellulosic feed stock diverted from landfills, solves several major environmental problems – overflowing landfills; environmentally damaging disposal and reduction techniques; the elimination of harmful emissions and inefficient synthetic fuel production techniques.
Transportation fuel is one of the top three energy use sectors in the United States, accounting for over two‐thirds or 14 million of the 20 million barrels of crude oil consumed daily in 2016. Of that, the United States imports over half from foreign sources according to the U.S. Energy Information Administration (EIA). In California, the transportation sector represents roughly half of all energy consumed and is more than 90 percent dependent on petroleum. Despite the current economic turmoil and volatile oil prices, Californians still consume more than 50 million combined gallons of gasoline and diesel each day, or 1.2 million barrels per day.
CCERF Renewable #2 diesel fuel produced from this combination of proven technologies has numerous advantages over petroleum diesel and first generation biofuels. Our fuel has similar energy content per weight and burns up to 90% cleaner than petroleum diesel. CCERF Renewable diesel fuel is also dramatically superior to current ethanol or Renewable diesel fuels in that it has superior characteristics and does not require blending with petroleum diesel. Industry experts such as Carbon Solutions Group in Chicago, Illinois claim this feature alone is a “game changer” because it eliminates the numerous limitations that have plagued the biofuels industry. The CCERF Renewable #2 diesel fuel is also an excellent “Blend Stock” due to its high Cetane content that can also enhance the petroleum diesel fuels being produced today.
Carbon Chain Energy has identified and is currently in negotiations with two of the world’s leading companies in the field of biomass gasification, GTL conversion, and Engineering, Procurement, Construction services (“EPC”). The final selection of the both the gasification system, and the Fischer-Tropsch technology, along with all other required process units in the overall facility will be formalized with the selected EPC during the Front End Engineering phase, FEL 3.
One of the world's six "supermajor" oil and gas companies. Carbon Chain Energy is in the process of finalizing a Renewable Diesel Purchase Letter of Intent that includes two years for construction then an initial ten year term with the first product delivery at current market prices.
When it comes to the environment, aviation has a rather dirty reputation. The industry produced 689 million tons of CO2 in 2012, according to Air Transport Action Group (12% of global transportation's carbon dioxide emissions) -- a number that is sure to grow as global demand for flight continues to skyrocket. As a result the aviation industry is going green.
Carbon Chain Energy has developed Strategic Alliances with recognized “Best in Class” industry experts and proven technology providers in the biomass to renewable fuels sector that mitigates much or all of the operating risk and creates value for the Project and its financial partners. Performance Insurance Wraps may be provided by top underwriters if required.
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