Texas, USA, will have the largest synthetic fuel plant in the world. HIF Global will be owned and backed by Porsche.
HIF Global, which is behind the Chilean pilot project together with Porsche, gave the green light building the largest synthetic fuel plant in the world, in Texas (USA). The gas electronics factory will be located in Matagorda, in the south of the state, and construction is scheduled to begin in 2024.
HIF Global is a Chilean company that launched a pilot facility in Haru Oni together with Porsche. The 2,600 liters produced by this plant last year were sent to the Stuttgart company for its one-make racing series in Germany.
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“In Texas, we are taking synthetic fuels to the next level of commercial scale, and now we have the right to build the largest facility in the world, to produce approx. 750 million liters per year said Meg Gentle, CEO of HIF Global.
Texas will have the largest synthetic fuel plant in the world
The company’s goal is to produce this amount of synthetic fuel per year by 2027. To make this possible, HIF Global will need 300,000 tons of green hydrogen every year and so on 2 million tons of “recycled carbon dioxide“.
Then the ingredients will be combined to produce 1.4 million tons of methanol, which can be used in the chemical industry and as fuel for ships. If more refined it can become synthetic gasoline for passenger cars.
HIF Global has not yet revealed where it will source CO2, hydrogen or energy to run the new plant, but the challenges of supplying it all is one of the most controversial points in the industry, as the production of these alternative fuels requires a great deal. electrical energy consumption.
The construction of what will be the largest synthetic gas plant in the world will give a great increase in the aspiration of this gas in the future, which will have facilities with a large production capacity.