The fledgling CO2-to-Liquid-Fuel technology has not reached the maturity stage for wide commercial deployment. There are still many obstacles to overcome for the CO2-to-Liquid-Fuel technology to go mainstream. Technically-wise the proof of concept is already there, and technology will only get better, achieving economy of scales and cost efficiency may prove a more difficult task. However, many current assessments of the CO2-to-Liquid-Fuel technology suffer from the same fallacy – measuring up CO2-to-Liquid-Fuel technology potential against the current market landscape.
We are rapidly coming into an era of abundant and wildly fluctuating electric power generated from renewable sources – wind and solar energy. The report focuses on market potential of the CO2-to-Liquid-Fuel technology as a power balance equalizer in the context of grid stability. Using abundant electric power for CO2-to-Liquid-Fuel conversion may prove a game changer radically improving cost equation.
