February 7, 2017 - Velocys enables modular gas-to-liquids and biomass-to-liquids plants to convert unconventional, remote and problem gas and waste biomass into valuable, drop-in liquid fuels.
After 15 years and some $300 million in investment, Velocys technology is headed for scale.The ENVIA project is now producing fuels in Oklahoma, and the Red Rock project in Oregon will be up next.
This presentation from Neville Hargreaves is fascinating — it’s got the low-down on the numbers.
NOTE: Velocys CAPEX is $250M to produce 45,000 gallons per day. This is basically the same CAPEX as SynSel with 50% less production.