Chicago, IL (PRWEB) April 4, 2009
Environmentally friendly wind energy doesn't produce CO2. Unfortunately it only blows 35% of the time, according to electric utility sources. Existing storage methods are inefficient and costly. Using the wind power to heat oil-rich resources with PyroPhase RF technology not only stores the energy, but converts it underground to liquid fuel which is then pumped out. No CO2 is produced in making this clean wind oil. Water is not needed, and surface disruption is minimized.
The US has 2 trillion barrels of oil tied up in oil shale in Colorado, Utah and Wyoming, according to US Department of Energy. Producing this oil has the added benefit of reducing our dependence on foreign supplies. This helps the balance of trade, our foreign policy and produces good-paying jobs.
Founders of PyroPhase Inc. have demonstrated production of oil in pilot tests in Utah tar sands and in oil shale. A plant design was earlier developed by Bechtel Inc. and Occidental Petroleum Co. Production has been verified by computer modeling. Cost estimates show that oil can profitably be produced from Utah tar sands when the price of oil is $45/barrel.
PyroPhase was founded in 2006 by researchers who originally developed the RF technology at IIT Research Institute in Chicago. The work was funded by petroleum companies and the US Department of Energy. The technology was described in earlier patents such as 4140180 and 4144935.
PyroPhase has developed plans to scale up and commercialize this technology. A 10,000 barrel/day plant could be built in 4 years at a cost in the order of $100 million, including 5 million for pilot development and 20 million to scale up to commercial module size.
For additional information visit the web site below.
C. Dino Pappas, director of development