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Biofuel at a price of 1 euro per liter

26.07.2013

Specialists from the Finnish Technical Research Center VTT have developed a new technology for processing lignocellulosic biomass into biofuel, and the cost of such biofuel will be commercially attractive in Europe - less than 1 euro per liter. The new technology for the production of automotive fuel is based on the gasification technology with a fluidized bed in a sealed volume. As an output fuel, Finnish scientists have already produced methanol, dimethyl ether, Fischer-Tropsch fluids and synthetic gasoline.

Experiments have shown that the technology developed in Finland makes it possible to transfer more than 50% of the energy of the original wood raw materials into the final product, fuel. This is a very good result, in addition, the waste heat energy can be used for heating or steam generation, which allows reaching 74% efficiency of biomass energy conversion.

But most importantly, the technology is already ready for industrial use in Europe. According to the calculations of Finnish specialists, the commercial use of the technology will allow the production of liquid fuel within the range of 58 euros / MWh, and the price of gasoline will be 0,5-0,7 euros per 1 liter. In other words, biofuels will equal the price of gasoline from oil.

The Finns did not stop at these calculations and 'outlined' the approximate appearance of a plant producing biofuel using the new technology. The enterprise will have a capacity of 300 MW and will be able to produce enough fuel to run 150 vehicles. Moreover, biomethanol can also be used in modern cars: in the form of a 000% additive to conventional petroleum fuel.

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