SACRAMENTO, California, Aug. 29, 2016 /PRNewswire/ -- Greyrock announced today that the company's Direct Fuel Production™ (DFP) technology has been recognized by the World Bank's Global Gas Flaring Reduction Partnership (GGFR) as the most advanced technology for converting flare gas into premium transportation fuels.
Greyrock's patented DFP technology converts renewable or waste feedstocks first into syngas and then directly into premium transportation fuels. Unlike traditional "Fischer-Tropsch" technologies, Greyrock's DFP does not produce "hydrocarbon wax" which requires expensive and complex refining processes to produce fuels. Greyrock's DFP technology enables simple deployment of gas-to-liquids (GTL), biomass-to-liquids (BTL) and waste-to-liquids (WTL) projects with dramatically reduced capital and operating costs.
For more than 5 years, the World Bank GGFR has explored and evaluated the development of modular gas-to-liquids (GTL) technologies for the elimination and monetization of gas flares around the world.
The latest update assessing the state of the GTL marketplace was recently released and results were also presented to a group of attendees at the Energy Frontiers International (EFI) forum in Denver, Colorado. During the EFI forum, rankings for 19 technology providers were presented with Greyrock earning the best ranking as having the most advanced technology.
Dr. Dennis Schuetzle, Greyrock's Chief Technology Officer, stated, "Greyrock is honored to receive the top ranking as part of the World Bank's assessment of technologies. Greyrock's DFP is being applied to convert flare gas into clean fuels. Greyrock is also applying the DFP technology to other renewable fuels projects including biomass to liquids (BTL) and waste to liquids (WTL) projects."
Founded in 2006, Greyrock has developed its state of the art Direct Fuel Production™ technology, enabling production of clean liquid fuels from a variety of gas and renewable solid resources, including flare gas, bio-gas, natural gas, natural gas liquids, biomass and waste. Greyrock systems enable its customers to solve key environmental and energy challenges. For more information, please visit www.greyrock.com.
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SOURCE Greyrock Energy