Velocys Share Discussion Threads

[gac141] 22/6/2017 09:07

Unfortunately I cannot make AGM. I injured my MCL ligament last night and don't feel happy with driving. That is a massive shame. I agree I would like to hear the answer of gas 2 wax as it seemed economically viable. I am sure David would respond to your question/s.

[supernumerary] 22/6/2017 09:02

It still says this:

"Velocys is the company at the forefront of smaller scale gas-to-liquids (GTL), providing the bridge connecting stranded and low value feedstocks such as natural gas, landfill gas or biomass with markets for premium products such as renewable diesel, jet fuel and waxes."

in the Notes to Editors, but my reading of the text is that gas to liquids is dead, and buried. The king is dead; long live the king!

[sheep_herder] 22/6/2017 08:35

visionon, I would guess that probably wouldn't be the reason they couldn't go after those markets. I'd assume that the size of the renewable market and the funding/credits available make it much more attractive. Those other markets will probably fall away now.

[visionon] 22/6/2017 08:16

SH. I wouldn't bank on it...

Good to see a section in the statement highlighting California market potential. Massive in my view, and other states look likely to ignore Trump and do their own LCFS programmes.

One doubt I have is whether the "renewable fuels company" tag means that VLS see the stranded gas to wax and flare gas capture projects as less likely. You can't really brand yourself as renewable and then start processing W.Canada stranded gas into wax, can you ? Perhaps gac141 or other could ask if they attend AGM ?

[dogwalker] 22/6/2017 08:14

What did people go back to before the drawing board was invented? Still ,a new strategy is better than none.... And the clarity is good : no-one can now possibly think that we have anything to do with coal.

[sheep_herder] 22/6/2017 07:57

Perhaps that clarifies the business plan for those still thinking VLS can drop an FT reactor on a skid and get it running in a week. Lol

[arf dysg] 21/6/2017 16:05

I think the argument is the ease of storing methane v. the ease of storing hydrogen. I did use the word "Researchers" as opposed to "Producers" so there was no ambiguity there. People who are interested in VLS are quite likely to want to know about alternative developments which address related technology.

[supernumerary] 21/6/2017 13:51

In any case, if you've got hydrogen, surely it's far better to use it as it is than to convert it to methane?

[gac141] 21/6/2017 13:38

I imagine that they will be producing 1500 bpd at a plant some where in Australia in the next 6 months. Apologies for sarcastic remark but drawing board to commercial use takes many years and Velocys will be well established. There may be other alternatives in time ahead but I don't see this is relevant to Velocys now.

[arf dysg] 21/6/2017 13:07

An alternative to Fischer-Tropsch chemistry? Researchers have found a catalyst which produces methane from CO2, with the required hydrogen coming from H2O.

hxxps://phys.org/news/2017-06-catalyst-paves-carbon-neutral-fuel.html

[visionon] 20/6/2017 14:18

Another interesting article from said journal:

The California LCFS was mentioned in recent VLS results/placing.


hxxp://www.biodieselmagazine.com/articles/2513792/california-forecasts-robust-growth-in-biodiesel-feedstock-demand

[goodgrief] 19/6/2017 16:54

EJ you'll need to find a reliable source of chip 'fat' to run your Land Rover in future!!

[arf dysg] 19/6/2017 16:37

I note that today's announcement was marked "RNSNON", i.e. supposed to be NON-price-sensitive.

However, the market seems to have reacted rather sensitively.

[sheep_herder] 19/6/2017 14:25

There a differences between diesel for industrial use and that for cars. The latter will be phased out as it won't be economically viable to produce the engines with ever increasing restrictive legislation. With 48V hybrid power trains coming online now, the efficiency argument will also be lost. There are already large car manufacturers saying that diesel engines won't be available in anything but the high end as they're too expensive for anything under luxury SUVs.

[visionon] 19/6/2017 13:47

hxxp://biodieselmagazine.com/articles/2515273/us-diesel-market-shows-resilience-in-2016-as-registrations-rise

And...looks like diesels are far from dead in the USA.

[visionon] 19/6/2017 13:44

hxxp://biodieselmagazine.com/articles/2515761/new-b20-club-member-al-warren-oil-co-committed-to-biodiesel

Another interesting article from the same journal. Illustrates that fleet operators see biodiesel as good for business.

This is important. Biodiesel can play an important role in reducing emissions from transport. CSR is big business and a lower carbon delivery footprint can tick that extra box when competing for contracts.

[visionon] 19/6/2017 13:34

hxxp://biodieselmagazine.com/articles/2515567/georgia-biodiesel-project-moves-closer-to-usda-loan-guarantee

Another Phase 2 qualifier, albeit a much smaller project in terms of loan. Gives some background on how guarantee works.

[sheep_herder] 19/6/2017 12:41

I think this should answer some of the questions as to how they plan to fund. Interesting times. Next 5 years could be a good ride.

[gac141] 19/6/2017 11:57

Indeed interesting..

I would like to thank the board for keeping us informed. I hope this will be an ongoing pattern as we progress....It definitely helps.

[visionon] 19/6/2017 11:23

hxxp://trade.gov/topmarkets/pdf/Renewable_Fuels_Biomass_Wood_Pellets.pdf

This is an interesting related read. US biomass exporters have a challenging environment. The alternative is to use thinnings etc to make renewable fuels for the domestic US market via VLS type plants.

The current situation is not a great advert for sustainability. Forest waste is turned into pellets and exported to the UK etc, while the US imports biodiesel because it has insufficient home produced capacity.

The horrific fire in Portugal also reminds me that forest thinning has additional safety benefits. Something which was highlighted in the Red Rock consent applications.

What's not to like ? (Cue fluky)