Founder Dinis Guarda
IntelligentHQ Your New Business Network.
IntelligentHQ is a Business network and an expert source for finance, capital markets and intelligence for thousands of global business professionals, startups, and companies.
We exist at the point of intersection between technology, social media, finance and innovation.
IntelligentHQ leverages innovation and scale of social digital technology, analytics, news, and distribution to create an unparalleled, full digital medium and social business networks spectrum.
IntelligentHQ is working hard, to become a trusted, and indispensable source of business news and analytics, within financial services and its associated supply chains and ecosystems
Honeywell Unveils Groundbreaking Tech for Affordable, High-Quality Renewable Fuels
Honeywell has announced a significant advancement in renewable energy with its new technology designed to convert agricultural and forestry waste into ready-to-use fuels. This innovation promises to deliver lower-carbon alternatives for challenging sectors like the maritime industry, offering a cost-effective and high-quality solution.
Key Takeaways
Revolutionizing Renewable Fuel Production
Honeywell’s new Biocrude Upgrading process technology transforms abundant biomass sources, such as wood chips and crop residues, into valuable renewable fuels. This breakthrough is particularly impactful for the maritime sector, which has long relied on heavy fuel oil, a major contributor to global greenhouse gas emissions.
The "drop-in" fuels produced are designed to be cost-effective and offer a lower-carbon footprint compared to traditional heavy fuel oil. A key advantage is their higher energy density, which allows vessels to extend their range without the need for expensive engine modifications. This addresses a critical demand from shipping companies facing increasing pressure from customers and regulations to decarbonize their operations.
Cost-Effective and Scalable Solutions
A significant aspect of Honeywell’s innovation lies in its approach to production. The process allows for the conversion of plant and agricultural waste into biocrude at the feedstock collection sites. This localized conversion minimizes transport costs. Subsequently, this biocrude can be refined at major facilities into marine fuel, gasoline, or SAF.
Honeywell’s Biocrude Upgrading technology is available in a prefabricated modular plant format. This modular design is intended to simplify site construction, reduce project risks, and accelerate deployment timelines for customers. This approach aims to make the transition to renewable fuels more accessible and efficient.
Expanding Honeywell’s Renewable Portfolio
This new technology complements Honeywell’s existing suite of renewable fuel solutions. The company has been a provider of process technologies for renewable and alternative fuels for over a decade. Its portfolio includes established technologies like Ecofining™, Ethanol to Jet, Fischer-Tropsch (FT) Unicracking™, and UOP eFining™.
The introduction of the Biocrude Upgrading process is a strategic move to address the growing need for sustainable energy sources, particularly in sectors that are difficult to abate. By leveraging waste materials and offering scalable, cost-effective solutions, Honeywell aims to play a pivotal role in the global transition towards a more sustainable energy future.
Sources
Biomass, Honeywell.
Founder Dinis Guarda
IntelligentHQ Your New Business Network.
IntelligentHQ is a Business network and an expert source for finance, capital markets and intelligence for thousands of global business professionals, startups, and companies.
We exist at the point of intersection between technology, social media, finance and innovation.
IntelligentHQ leverages innovation and scale of social digital technology, analytics, news, and distribution to create an unparalleled, full digital medium and social business networks spectrum.
IntelligentHQ is working hard, to become a trusted, and indispensable source of business news and analytics, within financial services and its associated supply chains and ecosystems
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