Posts Tagged ‘Doe’

Good news from DARPA? Well, I’ll be surprised if it is, because of the use of genetically altered bacteria, and gawd knows what else, in developing these fuels. Electrofuels?, whats that?
We should keep in mind here, that the Defense Industries are involved and that they qualify as “Small Business”, while the sheeple cannot get a loan.

OPXBIO raises $36.5M to accelerate commercialization of renewable chemicals and fuels

Green Car Congress 7 July 2011

OPX Biotechnologies Inc. has raised $36.5 million in the first closing of its C-Round private equity financing. The investment will accelerate OPXBIO’s development and commercialization of renewable, bio-based chemicals and fuels that are lower cost, higher return and more sustainable than existing petroleum-based products. (Earlier post.)

US Renewables Group (USRG) led the C-Round investor syndicate, which also included new investor DBL Investors with strong participation by existing investors Mohr Davidow Ventures, Braemar Energy Ventures, Altira Group and X/Seed Capital. Pacific Crest Securities provided financial advice to OPXBIO on the C-Round financing. The company also announced that USRG managing director Jonathan Koch has joined the OPXBIO Board of Directors.

The new investment will enable OPXBIO to accelerate development and commercialization of an industrial-scale process for producing its first renewable chemical, BioAcrylic. Acrylic derived from petroleum is today an $8-billion global market and is used to make products such as diapers, detergents, paints and adhesives. During an 18-month pilot-scale program completed in early 2011, OPXBIO demonstrated with speed and capital efficiency the ability of its proprietary EDGE (Efficiency Directed Genome Engineering) technology to make performance-equivalent BioAcrylic that is lower cost and more sustainable than petroleum-based acrylic.

OPXBIO has established a joint development agreement with The Dow Chemical Company to collaborate on the large-scale demonstration of the process for BioAcrylic production. OPXBIO anticipates full commercialization within three to five years.

OPXBIO developed and piloted the microbe and bioprocess that will produce its first renewable chemical product—BioAcrylic—in 18 months. The company’s second product is diesel fuel bio-processed from carbon dioxide and hydrogen. OPXBIO has raised $60 million with venture investors Altira Group, Braemar Energy Ventures, DBL Investors, Mohr Davidow Ventures, US Renewables Group and X/Seed Capital.

Energy,Technology, Biofuels, Electrofuels, Batteries, Electric Vehicles, Department of Energy, DOE, DARPA Obama Administration

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The Hidden Costs of Nuclear Power

Huff Post  By- Alec Baldwin

Posted: February 23, 2010 02:58 PM

Sitting in Bill Richardson’s office while he was Secretary of Energy under President Clinton was an opportunity that my colleagues and I from Standing for Truth About Radiation had worked hard to obtain. We wanted Richardson to not only close the research reactor at Brookhaven National Laboratory on Long Island, but also to shut down the Millstone plant in Waterford, Connecticut, which we asserted had been killing enormous amounts of fish with its water intake system for cooling. Local groups had been charging Millstone with destroying millions of pounds of local fish and with pumping superheated water back into the Long Island Sound, the temperatures of which had negatively impacted fish and shellfish habitat for decades.

Richardson, like any DOE Secretary before or after him, wasn’t all that interested in closing Millstone. Everywhere we went, government officials like Richardson invoked the figure “20 percent.” Twenty percent of domestic power in the US is derived from nuclear energy. The clean and safe source of power.

Often when discussing the advent of a new era in nuclear power generation, advocates for nukes, like Stewart Brand, who I referenced in my previous post, tread lightly over certain subjects, such as waste disposal and security issues. Other problems inherent in nuclear power generation, they simply ignore completely. One such issue is the impact of mining and processing radioactive materials into actual fuel. The mining and processing of material like uranium is one of the most carbon intensive processes used in creating energy. To mine, mill and refine uranium and to then submit the material to the enrichment, or gaseous diffusion, process takes vast amounts of energy. In sites around the US, massive coal burning plants pollute the air while providing the energy for uranium enrichment. Add to that the power needed to fabricate the enriched UF6 into fuel rods, and the resources needed to store the byproduct, reduced or depleted UF6. You begin to see that everything that leads up to a utility reactor going on line is anything but clean.

Another issue that nuke advocates sidestep is calculation of the true cost of bringing nuclear power plants on line. Just as oil, and thus gasoline, actually costs astronomically more than what we pay at the pump, due to the cost of US military interventions in the oil-rich areas of the world ( not to mention the costs in human lives, US and foreign), nuclear power has its own menu of hidden costs that are now, or one day will be, inherited by our children. Waste storage is the primary issue here. But the actual decommissioning and decontamination of reactors themselves will soon come to pass. Even with current licenses being foolishly extended and, thus, pushing the operational lives of these units years, even decades, beyond their original design, these units will eventually expire. The cost of closing them safely in current dollars is staggering. In the future, that will only get worse.

Scott Simon never asked Stewart Brand about Price Anderson. Even as utility operators put hundreds of millions into the Price Anderson fund respectively and billions collectively, one accident at, say, Indian Point, adjacent to New York City, would mean potentially many billions in costs. Who pays that? US taxpayers do, while Entergy, a private energy company, profits from the operation of the plant. Insuring these plants, over a hundred of them in the US, all aging, falls largely to US taxpayers. Another hidden cost. At least hidden in so far as most US citizens are concerned.

In the next piece that I post here, I will touch upon the issue of the health hazards posed by exposure to ambient radiation, which I believe is the least discussed and among the most insidious components of the nuclear powered utility legacy.

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