Joule, DNV GL collaborate for tech advisement as Joule scales up globally
In Massachusetts, Joule has signed a Memorandum of Understanding to accelerate the global production of CO2 with DNV GL, a technical assurance and advisory service provider for the energy industry. Through the terms of the MoU, DNV GL will provide technology qualification and verification services, including assessments from a commercial perspective to facilitate Joule’s global deployment. Joule will also benefit from advisory services in the areas of value chain creation, risk mitigation, process modeling for specific plant locations, and blending and transport of Joule’s fuel products.
The recent Deep Decarbonization Pathways Project (DDPP) report acknowledged that without technology advancements, current technology will not be able to halt CO2 emissions enough to prevent the dangerous effects of climate change. Joule’s work with DNV GL will deliver this technical assurance and also bring attention to the company’s advanced stage of development, leading to faster deployment.
Joule has increasingly turned to global development in 2014, intending to commercially develop diesel fuel and also bring products to market via strategic development partnerships. The company is now commercializing its first product, Sunflow-E, for global availability in early 2015. Construction of the company’s first commercial plants is planned to begin in 2014 in multiple locations worldwide as the company plans to expand.
Category: Fuels
