The Growing Importance Of Nanotechnology
I recently interviewed Dr. S.Fox, director of a leading nanotechnology company, on the future of nanotechnology and the production of usable fuels, rendered without distillation and the massive investment that it requires. His answers to difficult questions are very petroleum equipment suppliers association pesa enlightening and encouraging for the way forward for the energy business.
Dr. V.K. Tsitsiringos. Thanks Dr. Fox for this interview. As an investor and economist, any subject that’s a new process or trend which is able to affect the nature of one of the world’s major industries is always an important topic.
Dr. Fox. It’s my pleasure to elucidate anything I can.
Dr. V.K. Tsitsiringos. Can you tell us about your news process, and how it might affect the petroleum industry on the whole
Dr. Fox. Certainly. Our company (in addition to many of the petroleum equipment suppliers association pesa major oil groups) are engaged on an algae to fuel process. This process involves a totally clean and 100% environmentally safe procedure. We grow a certain species of algae in special tanks or in some cases, growing pools. These algae are in turn processed, with one part going to the re-generation of latest algae, and other part to bioreactors. The processed matter is then passed through hydoclones, and with nanotech filters, fuel is extracted.
Dr. V. K. Tsitsiringos. How much fuel can you make, and what is it
Dr. Fox. We are currently at about 50 metric tons a day. Our production is – 70% synthetic Oil – (further processed into 80% Diesel, 15% Petrol, 5% Heavy Fuel) and 30% of Protein Mass – suitable for further use as Fodder and Bio Additives.
Dr. V.K. Tsitsiringos. What is the standard of the fuel like
Dr. Fox. The quality of Petrol and Diesel is of the very best Standards – and is considered “green” – as it does not contain Salts, Sulphur, Lead etc.
Dr. V. K. Tsitsiringos. This is indeed a true innovation, but 50 tons a day is actually not even a drop in the ocean of the fuel requirements we now have in today’s developed and developing world.
Dr. Fox. That is true, but one can imagine the second petroleum equipment suppliers association pesa or third generation of these processing facilities. We’re looking forward to refinery-level production, that’s 1000 to 5000 tons per day. This will need expanded land facilities (or we also have a floating sea plant envisioned). As nanotechnology develops, we also see an enormous improvement in production at our modest one hectare plant.
Dr. V.K. Tsitsiringos. And is this fuel factory (or should we say algae farm) an expensive investment
Dr. Fox. We’ve kept it modestly priced, and indeed, soon see such processing facilities dotting the coastlines around the world.