If we know what is the risk from CO2 then it is easy to value environmentally friendly wind energy. And what is its value? It doesn't produce CO2. But the obstacle is that it only blows 35% of the time, according to electric utility sources. That causes inefficiency and cost problems.
According to the PRWEB, the wind power used to heat oil-rich resources with PyroPhase RF technology not only stores the energy, but converts it underground to liquid fuel which is then pumped out. The most important factor is that no CO2 is produced in making this clean wind oil.
As mentioned in the press release the US has 2 trillion barrels of oil tied up in oil shale in Colorado, Utah and Wyoming, according to US Department of Energy. The main benefits also are that it reduces dependence on foreign supplies, helps the balance of trade, foreign policy and produces good-paying jobs.
What the PyroPhase Inc founders demonstrated that production of oil in pilot tests in Utah tar sands and in oil shale. A s rroduction has been verified by computer modeling cost estimates show that oil can profitably be produced from Utah tar sands when the price of oil is $45/barrel.
To be more precise a 10,000 barrel/day plant could be built in 4 years at a cost in the order of $100 million, including 5 million for pilot development and 20 million to scale up to commercial module size.
SOURCES:
http://www.prweb.com/releases/2009/04/prweb2293944.htm
http://www.pyrophase.com/
According to the PRWEB, the wind power used to heat oil-rich resources with PyroPhase RF technology not only stores the energy, but converts it underground to liquid fuel which is then pumped out. The most important factor is that no CO2 is produced in making this clean wind oil.
As mentioned in the press release the US has 2 trillion barrels of oil tied up in oil shale in Colorado, Utah and Wyoming, according to US Department of Energy. The main benefits also are that it reduces dependence on foreign supplies, helps the balance of trade, foreign policy and produces good-paying jobs.
What the PyroPhase Inc founders demonstrated that production of oil in pilot tests in Utah tar sands and in oil shale. A s rroduction has been verified by computer modeling cost estimates show that oil can profitably be produced from Utah tar sands when the price of oil is $45/barrel.
To be more precise a 10,000 barrel/day plant could be built in 4 years at a cost in the order of $100 million, including 5 million for pilot development and 20 million to scale up to commercial module size.
SOURCES:
http://www.prweb.com/releases/2009/04/prweb2293944.htm
http://www.pyrophase.com/
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