Verde Clean Fuels, Inc. Announces Participation in Consortium Awarded US Department of Energy Funding for Study of Zero Emission Methanol Production Technology
Verde plans to design and model the methanol production unit using its proprietary STG+ technology, with the goal to utilize CO2 from the DAC, and hydrogen from a carbon-free source, to produce green methanol.
- Verde plans to design and model the methanol production unit using its proprietary STG+ technology, with the goal to utilize CO2 from the DAC, and hydrogen from a carbon-free source, to produce green methanol.
- As reflected in the overall project plan, TDA and Verde Clean Fuels plan to complete conceptual design and review the technoeconomic and technology gap analyses and develop the technology maturation plan.
- This funding award from the DOE supports both – combining new technologies in novel ways to investigate decarbonization of methanol production.
- Also, when used as a liquid fuel, green methanol may be one of the most viable renewable fuel options for the maritime industry.