| Acta, the
AIM-listed catalyst developer, and the University of Edinburgh are delighted
to announce that they have been awarded a £175,000 grant by the Carbon
Trust to develop a process to convert greenhouse gas carbon dioxide (CO2)
to liquid fuel.
This project will seek to use Acta's
unique HYPERMEC catalyst technology, together with the process engineering
and electrochemical expertise of Edinburgh University, to develop a method
of converting CO2 into a liquid fuel such as mixed alcohols or methanol
that can be reused in the energy supply chain.
These fuels are easily transportable
and can be readily used as transport fuel, either alone or blended with
petrol or diesel.
This process would preserve other
fossil fuels and reduce CO2 emissions to the air. The application of this
technology, if successful, could save up to 8 million tons of CO2 per annum
in the UK alone.
The Carbon Trust, which specialises
in funding carbon reduction technologies, will provide £175,000 towards
the £313,000 cost of this project over two years. Acta and the University
of Edinburgh are delighted to have won funding from such a prestigious
and credible source after a highly competitive application process.
Garry Staunton of the Carbon Trust
said: 'We are delighted to be supporting the partnership between Acta and
the University of Edinburgh as they seek to develop and commercialise methods
for producing lower carbon fuels'.
Dr Colin Pritchard, the programme's
Principal Investigator at the University of Edinburgh, said: 'We are excited
by Acta's breakthrough catalyst technology and are delighted to be working
with Acta on this innovative and important project'.
Toby Woolrych, Chief Operating Officer
of Acta, said: 'The University of Edinburgh has extensive experience in
process design and development, and is well placed to assist in commercialisation
of any project success through its contacts with SUPERGEN and the European
energy industry.'
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