The laboratory proven conversion technology concept involves a new method of using concentrated solar energy for the dissociation of carbon dioxide (CO2) to carbon monoxide (CO) and oxygen (O2). The same system can also dissociate water (H2O) to hydrogen (H2) and oxygen (O2), at the same time it dissociates the CO2. The CO, or the mixture of CO and H2 (called Syngas) can then be used as gaseous fuel (e.g. in power plants), or converted to liquid fuel (e.g. methanol), which has the potential to be stored, transported and used in motor vehicles.
Managing Director Mark Miller said today; "We are delighted with the progress being made by our Israel based technology partners and believe that our laboratory proven CO2 to Fuel conversion technology has the potential to further utilise our State’s vast brown coal resources into the future.
"Our aim is to prove our breakthrough technology on an industrial scale while working collaboratively with Government and industry to ultimately produce energy in the most cost effective and environmentally friendly way possible."