Presented at Nordic Green II conference, April 2010

1. Making Renewable Fuel by Carbon
Recycling
By: K-C Tran
CEO and Co-founder, Carbon Recycling International
Fulbright US Iceland Partnership Award Recipient
“Emission Reduction, Energy Storage and Sustainability”

2. CO2 as Feedstock
• Greenhouse Gas Emissions
– World temperature rise – ~ 0.6 oC
– CO2 concentration rise – ~180 ppm
– Source of CO2 – primarily from energy production
• Energy Resources
– Fossil Fuel Limits
o Forms 86% of world’s primary energy sources
o R/P ratios in years: Oil (40), Natural Gas (55), Coal (137)
– Infrastructure and Technology Limits
o Off peak and off grid energy capture
o Stranded renewable energy sources: wind, geothermal,
tidal, and biomass
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3. Sources of Energy
• Response
– Renewable Energy Directives
– Biofuel and green energy targets
– Off peak pricing strategies
• Implementation
– Renewable energy (geothermal, wind, solar etc.)
– Alternative fuels and flexible Fuel vehicles
– Off peak house hold use of energy
• Challenges
– Wind energy penetration in to grid
– Biomass and food production competition
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4. Innovation Incentives
• Response
– Kyoto Protocol
– EU ETS and UN FCCC – JI and CDM
– UK and California Regulations on Carbon Dioxide
• Implementation
– Flexible fuel, hybrid and electric cars
– Efficiency projects
– CO2 sequestration and Reuse
• Challenges
– Policy disagreements - US, China and India
– Technology uncertainty
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5. Making Fuel by Recycling Carbon
Stranded
Energy
CO2
Patented
Liquid Fuels
• Renewable Methanol
Water
Reuse of Carbon Dioxide from Industrial Emissions
as Feedstock for Renewable Fuels
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6. Energy in Iceland
Energy Consumption in Iceland by source – in GWe (2006)
Source: statice.is, Ministry of energy
4/14/2010 Carbon RecyclingInternational
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7. CO2 in Iceland
Industrial Processes consists of:
• Aluminum (3)
• Ferrosilicon (1)
• Cement (1)
Iceland CO2 emissions by sector, 2007
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8. CO2 to Fuel Process
Five building blocks :
1. H2 production
2. CO2 capture and purification
3. Syngas compression
4. Methanol synthesis
5. Methanol distillation
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9. A Clean Fuel
Less Fossil Energy In, Less CO2 Out, Same Distance Out
164 g
95 octane gasoline CO2
2.14
1 km
MJ
Vehicles
148 g
CO2
95 octane RM10
1.9 MJ 1 km
Vehicles
Sources:
• Well to Wheel Analysis of future automotive fuels and power trains in the European Context, EC JRC, EUCAR,
CONCAWE (2007)
• CRI – Well to Wheels report (2009)
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10. Corporate History
Proof of Process
Incorporation 2006 Pilot Scale Plant
2007 Emissions To Liquids 1st Generation Patent
Pre-Feasibility studies for large scale plants
Seed financing
Environmental permits
Power Purchase Contract
Enginering Company Partnership
Basic Design 2008
Business model validation
2009
Site permits
Oil of Iceland Fuel Off-take Contract
2010 Grant - Iceland Research Council
Emissions to Liquids 2nd Generation Patent
Private Placement for Industrial Scale Plant
Construction of Industrial Ground Break for Industrial Scale Plant
Scale Plant
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11. Scaling Up Milestones
50 M liters
5 M liters
.05 M liters
2010 2013
2007
PSP ISP CSP 1-3
PSP: Pilot Scale Plant ISP: Industrial Scale Plant CSP: Commercial Scale Plant
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12. Construction Readiness of ISP Plant
Technical and Economic Feasibility studies
Patents and Applications
Construction Agreement
Feedstock Agreements
Fuel Off Take Agreement
Basic Design
Permits and Licenses
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13. Plant On Line – 01/01/2011
CSP-1
ISP
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14. Fuel for Iceland
Ex-Works CRI
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TD

15. Next Steps
1. Sales
• Operation of Industrial Plant 1/ 2011
• Export to UK and US
2. Opportunities
• Wind energy: US and Canada
• Geothermal: Hawaii, New Zealand,
and the Philippines
2. Growth Strategy
• Feedstock and Fuel Off-take
• Site Permits and Finance
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16. At Carbon Recycling International
• Be a Leader in Making Profitable
Renewable Methanol by Recycling
Carbon from Industrial Emissions
• Advance Technology for Cleaning
Carbon Dioxide and Storing Intermittent
Energy
• Employ Highly Skilled Green Work Force
• Work with Long Term Partners for
Technology, Sales and Distribution
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17. takk fyrir
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