Joule Unlimited awarded World Technology Award in the field of Energy.

http://www.wtn.net/2010winners.html



On November 30th and December 1st, 2010, at the TIME Conference Center in New York City, many of the most innovative people and organizations in the science and technology world came together for an historic gathering - the 2010 World Technology Summit & Awards, the eighth Summit and ninth Awards thus far! - to celebrate each other's accomplishments; to explore what is imminent, possible, and important in and around emerging technologies; and to create the kinds of serendipitous relationships that create the future.

http://www.wtn.net/summit2010/

Award winners and finalists are those individuals (in 20 categories) and companies/organizations (in 10 categories) who are...doing the innovative work of "the greatest likely long-term significance" in their fields. They are those creating the 21st century.


http://www.jouleunlimited.com/why-solar-fuel/overview">Joule Unlimited


Joule is applying advanced genome engineering to develop a library of proprietary organisms, each one optimized for productivity according to the desired end product. Because the organisms are engineered to directly synthesize and secrete fuels, we will avoid costly steps such as large-scale biomass production and collection or other downstream refinement. Our technology has already been proven with the direct conversion of CO2 to liquid hydrocarbons and ethanol, avoiding the economic and environmental burden of multi-step, petroleum- or biomass-dependent methods.

Unique Closed System Approach

Joule incorporates process, materials, photonic and thermal engineering to make our Helioculture™ platform commercial-ready. Unlike any other closed system approach, our modular SolarConverter® system is designed for direct fuel production in a single-step, continuous process. It achieves high net energy gains while managing the photon capture, CO2 delivery and mixing, thermal management, product synthesis and initial separation in an efficient, direct-to-end-product™ process, minimizing the steps to market. The system's interconnected assemblies are designed for ease of installation, making it scalable and customizable to any desired output levels based on land and CO2 availability.

Multi-Product Capability

Joule's unique combination of genome and process engineering has enabled a technology platform that is capable of making multiple end products, including liquid hydrocarbons that are fungible with existing diesel fuel and can also be refined to make renewable jet fuel and gasoline. Our products will include ultra clean diesel, ethanol and commodity chemicals, directly targeting multi-billion dollar opportunities in the oil, chemical, consumer and agricultural industries.

Ecologically-Smart Method

Joule's production process avoids the depletion of precious natural resources, with no dependency on agricultural land, crops or fresh water. At the same time, an independently-conducted lifecycle analysis shows that, through our intake of waste CO2, we have the potential to reduce harmful carbon emissions on a large scale – up to 90% in some instances.

Unlimited Scale and Supply

Joule efficiently captures sunlight to produce energy in liquid form, enabling tremendous scale, storage and transport of energy without the power degradation that limits storage of electricity. This advantage, combined with our direct, continuous process and use of waste CO2 as a sole feedstock, creates the potential to deliver virtually unlimited quantities of fuel. We currently target commercial delivery of up to 15,000 gallons of diesel and 25,000 gallons of ethanol per acre per year at full-scale production. Furthermore, the modular design of our SolarConverter system makes it readily extensible from smaller industrial operations to large-scale commerical plants, minimizing scale-up risks.

Highly-Efficient Production

Avoiding the use of raw material feedstocks dramatically simplifies Joule's production process, while also removing a costly component that can be subject to significant fluctuations in price and availability. In addition, our process has the capability of achieving up to 50X the efficiencies of biofuel production, with a fraction of the land use.

Highly-Competitive Costs

The efficienices of Joule's production system, which requires fewer resources and less processing than both petroleum- and biomass-derived fuels, will allow Joule to meet or beat the costs of fossil fuels. We expect to deliver diesel for as little as $30 per barrel equivalent.