|
Latest
News
OTC:AETE.PK
March 18, 2008
The Alternative Energy Technology Center has recently announced that it has new technology that can refine common cellulosic biomass into fuel that can be sold for $1 per gallon, without government subsidies or incentives. Currently, ethanol sells for about $2.60 per gallon, and costs about $2 to produce in today's plants.
"We expect to produce over 100 gallons of fuel per ton of cellulosic biomass which costs about $65 in today's market," said Brown Marks, CEO of the Alternative Energy Technology Center. "We have designed our technology to use low-cost feed stocks that are widely available at low cost. We use a low-energy input design to increase efficiency, and we can place our plants wherever there is abundant biomass available."
-----------------------
Jan. 22, 2008
The Alternative Energy Technology Center, Inc. (OTC:AETE - News) announced today that Mr. Brown A. Marks now serves as President and CEO and as Chairman of the Board of Directors.
Mr. Marks is an executive with over 30 years of management experience. His prior experience includes ten years with Armco/National Oilwell, (now National Oilwell), [NYSE: NOV] where he was Manager of Business Strategy. He directed worldwide strategic planning, directed development of 5-year business plans and conducted business development activities including acquisitions and technology transfers. From 1992 to 2003 he served as President & General Manager for several Waste Management, Inc. [NYSE: WMI] operations including the State of Louisiana, with responsibility for all landfills, solid waste collection, transfer and recycling operations. Prior to that he has worked for Inland Container Corporation. He is a graduate of the University of Indiana and has completed graduate work at Xavier University and Columbia University.
I welcome the opportunity to make a difference in America s alternative energy future, stated Mr. Marks. I expect AETE to quickly become a leader in the development and manufacture of alternative fuels from biomass, he noted. We expect to deliver solutions that will reduce the cost of energy while using nature friendly renewable feed-stocks, he concluded.
|
|
Technology
The plant will consist of:
A Cellulosic Biomass Reduction Unit which reduces and fractionates cellulosic biomass to nano and microscale particles generating higher material surface area for simultaneous saccharification and fermentation of the cellulose and hemicellulose by enzymatic conversion and microbic fermentation. With the unique ability of the technology to be configured for selective fluid dynamic processing the unit can be modified to utilize oils from cellulosic resources as well as traditional oils and catalysts for conversion as an esterified biodiesel product that is contaminant free and has unique cold stable properties.
A multistage cascade configuration that provides for the ability to convert lignin derived from the fractionation of biomass to a high octane gasoline and set of gasoline additive compounds suitable for blending with traditional transportation fuels, ethanol or butanol as viable transportation fuel replacements.
Advanced configuration of the technology will allow for the low temperature conversion to biocrude (a pure biopolymer) from which a number of compounds can be processed. The biocrude polymers can be further processed through a systematic cascade system into high value intermediate chemical and polymer compounds for delivery to the chemical market.
The entire biorefining system, completely modular in its construct, is capable of utilizing several forms of cellulosic biomass including forestry (hard and soft woods) and agricultural waste in the form of dedicated feedstocks, corn stover, native prairie grasses such as switchgrass, wheat and rice straw.
|
