CapCOâ‚‚ Solutions
Ethanol COâ‚‚ to Green Methanol
Our approach will add $100 Million in green methanol revenues to the average ethanol plant. This is after CapEx, OpEx, and profit shares. That is revenue actually delivered to the ethanol plant. The CO2 from ethanol plants is extremely valuable for future green fuels like sustainable aviation fuel. Throwing that CO2 away is absurd. CapCO2 is focused on green methanol now because it a slam-dunk revenue stream. When SAF becomes more commercially viable, we will focus on that.
We capture and upgrade all of the COâ‚‚.
Our facilities fit in a small footprint local to the ethanol plant.
The methanol modules hold all the equipment to handle all the CO2. These modules are standardized and will be manufactured in quantity in the US. Green methanol will be transported to customers by rail or truck.
CapCO2’s green methanol process qualifies for all the IRA incentives where the pipeline qualifies. We drop the ethanol carbon intensity by 25-30 points.
Two key components of our process are renewable or zero carbon electricity (e.g. wind, solar, nuclear, hydro, geothermal) and water. For power, many IL ethanol plants already have access to all the power needed. Others will be dependent on already planned expansion of the renewable sources and the grid. Because we generate so much revenue and can guarantee our usage, we enhance and support these expansions. With respect to water, the average ethanol plant will require the equivalent amount of water of 1.7 inches of rain over a 1000 acres.
Breakthrough Technology
We have a working methanol module running in Warsaw, Poland. We are building the first US-based module in Lena, Illinois, and it will be running by mid-2024. The proposed pipelines are not proven, and the current construction timelines being presented are wildly optimistic. Where are the pilots? Where are examples of working pumping stations? Where are the specific safety plans? A believable pipeline proposal would be publicly discussing these issues. We will happily submit the detailed plans for our methanol modules to this kind of review.