| Virent Energy Makes Green Gasoline From Sugar |
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| Green Reports | |||
| Saturday, 04 April 2009 21:54 | |||
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Fuel production is one step closer to becoming not only green, but sweet. Virent Energy Systems, Inc. will commission a demonstration plant in fall of 2009 that will produce 10,000 gallons of biogasoline per year, said Mary Blanchard, director of Marketing for Virent Energy Systems. The machine will convert water, sugar cane, sugar beets, and other plants into gasoline, jet fuel, or diesel. The catalytic process that converts biomass directly to hydrocarbons was discovered at the University of Wisconsin in early 2006, according to the Virent Energy Systems Web site. Because of these discoveries, The World Economic named Virent Energy Sistems a Technology Pioneer of 2009. The company has already raised $70 million. Venture capital provided $30 million, and government funds and corporate partners brought in another $40 million. Some of the investors include Cargill and Honda, which is currently testing Virent Energy Systems’ fuels in car engines. Recently, Royal Dutch Shell and Virent Energy Systems announced their five-year partnership. The two companies will team up to make biogasoline. Shell expects biofuels to make up 10 percent of the global fuel supply by 2030. The next step is just amplifying and expanding the production, Blanchard said. Green gasoline is on its way to public consumption.
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| Last Updated on Tuesday, 07 April 2009 12:42 |
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