The U.S. government’s Department of Energy (DOE) predicts that the renewable transport fuel market will grow from 2.1 billion gasoline-equivalent gallons to 51 billion gasoline-equivalent gallons – an almost 25-fold increase – in the next two decades.
Ensyn is ideally suited to participate in this growth due to the many advantages that its RTP™ technology has over alternative processes.
In discussions with various major oil and gas companies, Ensyn determined that these companies would only choose a renewable solution that would allow them to preserve their two very significant strategic advantages: namely, their existing worldwide infrastructure and their huge operational scale. While other first-generation renewable fuel solutions would either not utilize the companies’ infrastructural investments or not allow them to operate at a profitably large scale, Ensyn’s RTP™ process can do both.
Ensyn’s RTP™ process is a critical piece of the puzzle when it comes to renewable transport fuels, and we are actively seeking a partner to fully commercialize the product and to assist in its market deployment.
Using proprietary technology developed by refineries, bio-oil can be further processed to become green gasoline, diesel and jet fuels. |
