Fossil fuels will be around for a while despite their disadvantages, but new additives could make them eco-friendly and sustainable.
As our societies have increasingly become aware of the dangers of climate change, green technology has become more important than ever. Fossil fuel reduction is the order of the day; however, alternative energy sources are not in a position to fully replace current non-renewable energy sources.
Estimates show that by 2030, Battery Electric Vehicles (BEV), Fuel Cells (FC), and plug-in hybrids will account for only 24.6% of the market.
While developing cleaner energy is critical, reducing the damaging effects of fossil fuels goes a long way towards ensuring a more sustainable planet. Petrol usage in vehicles is often cited as an example of the damaging effects of fossil fuels. Over the years, many companies have developed fuel additives that optimise the efficiency with which fuel is burnt.
FuelGems
The results have been varied. Many additives claim impressive results but they fail to deliver their promises. Most of them work under specific conditions and make no difference at the end of the day.
However, FuelGems, a venture-backed startup from Austin, Texas, is revolutionising the fuel additive industry and helping fuel distributors make their products more sustainable.
The need for sustainability
Since 2010, global carbon dioxide emissions, a proxy for measuring pollution caused by internal combustion engines, have increased exponentially. In 2019, the amount of CO2 emissions topped 33.5 gigatonnes.
The developing economies of China and India accounted mostly for the huge increase. Unburnt hydrocarbons and soot emitted into the atmosphere take the form of harmful particulate matter that leads to respiratory diseases, heart disease, and even lung cancer. Contaminated air caused by toxic emissions caused five million deaths around the world in 2019.
There is a commercial aspect to this problem as well. Fuel refineries use additives to promote greener fuel in an attempt to differentiate themselves. However, the inefficiency of existing additives does them no favours. The result is an undifferentiated $45 billion marketplace where margins are thin and profits are hard to sustain.
Building efficiency through technology
FuelGems' breakthrough nanoparticle-based additive has changed this picture. Its environmentally friendly additive can be added in small quantities, as little as one to five grams to treat 984 litres of fuel.
FuelGems
This is 800 times less than some of the current fuel additive blending ratios. Most importantly, FuelGems is aiming for its additive to be used by fuel manufacturers not be sold in petrol stations for car owners. This conceptual shift that puts the responsibility on the manufacturer rather than the consumer is the most needed one.
Additives were subjected to a study conducted at the Engine Testing Cell in Coventry University, also with an independent PhD automotive engineer. While the Coventry University scientists used a Jaguar Land Rover, the independent scientist used a Mercedes-Benz C-class car. Both used fuel with additives, and the two engines underwent extensive testing over thousands of miles, where the amount of emission the cars emitted was observed.
The state of the engines was compared afterwards, and the results showed that the additive decreased CO2 emissions by 9%, soot by 6%, carbon monoxide emissions by 14%, and reduced the presence of unburnt hydrocarbons in exhaust systems by 50%.
A simple process that offers a great efficacy
FuelGems uses proprietary plasma reactors to produce carbon-based nanoparticles cost-effectively. These reactors occupy little space in a laboratory, with more than 10 of them easily fitting into a standard workspace. Each unit produces enough nanoparticles every day to treat 20 tons of fuel.
According to FuelGems, the increased mileage and better differentiation opportunities will result in an return on investment increase of more than 1,000% for fuel distributors and wholesalers. The best part is that blending the additive with fuel is simple.
FuelGems
Refineries and wholesalers only need to add the additive to their fuel during the refining process. The additive can also be added to fuel storage tanks or even directly to fuel tanks when filling up at a garage.
The company entered the pilot stage with prospective clients, including some of the world's largest corporations such as OMV Energy, a publicly traded farming company, and a third confidential fleet operator.
With interest from the likes of BP, Marubeni, Suncor Energy, and others, the future seems to be bright for FuelGems. The company aims to generate $410 million by 2026 from a list of 15 to 20 clients, thanks to estimated revenues of $27 million from a single refinery.
This rise can also be seen in the use of nanoparticles and nanotechnology across business sectors. The market is expected to grow from a 2018 size of $10 billion to $50 billion in 2026. The fuel additive industry has also experienced huge deals, totalling more than $200 billion in value.
FuelGem’s founder and CEO Kirill Gichunts expects his company to be the beneficiary of all of these trends.
FuelGems is one of the leaders of what might be called a revolution when it comes to reducing fuel industry-led emissions. Thanks to the inefficacy of current fuel additives, huge interest from fuel manufacturers, and an environmental need for clean technology, FuelGems' nanoparticles hold promise.
This article first appeared in Interesting Engineering.