Catalytic Gasification – GreatPoint Energy Raises $100 Million
GreatPoint Energy is a developer of catalytic gasification technology to convert coal, petroleum coke and biomass into clean natural gas while enabling the capture and sequestration of CO2. It’s catalytic gasification technology converts abundant, low cost carbon feed stocks, such as coal, petroleum, coke, and biomass, into pipeline quality natural gas.
It’s plants combine steam and carbon under pressure and in the presence of catalysts to make pure methane.
As part of its proprietary process, GreatPoint Energy removes and captures the mercury, sulfur, carbon dioxide and other pollutants from the feedstock, to produce a pure stream of methane.
GreatPoint Energy plans to construct Bluegas facilities in locations where the carbon dioxide it captures can be locally sequestered, and then transport its Bluegas product by existing natural gas pipelines to natural gas markets across the country.
According to the company, other coal gasification technologies that produce synthesis gas (which consists of carbon monoxide and hydrogen) cannot take advantage of the nation’s existing natural gas pipeline and distribution network.