We did it! After two years of hard work we hold in our hands hard proof that the incredible team at Terraform can make synthetic natural gas from sunlight and air, as reported in TechCrunch.
Last Wednesday March 27, 2024, we commissioned our integrated power-to-gas demonstrator. The system converts electricity and air into affordable fossil-free natural gas using proprietary subsystems, developed in-house, for hydrogen electrolysis, direct air capture, and methanation. This marks a major milestone in the technical and commercial development of our technology and another step on the path to our positive vision for the future where everyone has access to plentiful cheap, reliable energy, harvested from renewable carbon and power, with lower ecological and climate impact.
Our core innovation is the utilization of proven and well-understood industrial processes implemented within innovatively simple and cost-effective proprietary technology systems adapted to the daily variations of renewable power for producing cheap sustainable natural gas from sunlight and air. These design and process innovations are responsible for driving production costs down for both their green hydrogen and atmospheric CO2 capture to levels previously thought unattainable. Combining super-cheap solar power with low-cost green hydrogen and CO2 capture are the key to producing commodity-grade electro-fuel alternatives at competitive commodity prices.
Our elite team of engineers have made significant progress towards our stated goals of radically cheaper green hydrogen and direct air capture CO2. We follow a simple playbook. Adapt a known industrial process to ultra-cheap solar power by a) radically reducing capex to compensate for lowered utilization and b) developing processes that are robust to variations in power due to weather, as well as diurnal and seasonal power shifts.
First, our innovative electrolyzer converts cheap solar power into hydrogen with current production costs at less than $2.50 per kg of H2. How? To first order, our electrolyzer capex costs
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