Terraform Industries is proud to publicly announce the Terraformer, our product designed to produce cheap natural gas from sunlight and air. The Terraformer is a carbon-neutral drop-in successor to drilling for fossil fuels.
The Terraformer is designed to integrate directly with a standard 1 MW solar array. No grid connection, no interconnection queue. The Terraformer gets solar energy to market as energy dense, clean, cheap, carbon neutral synthetic natural gas.
The Terraformer produces 1000 cubic feet of natural gas per hour of operation. It is optimized for 25% utilization, typical for utility scale solar arrays, and in this configuration produces 6000 cubic feet/day.
Operating the equivalent of 2190 hours per year, one Terraformer produces over 2 million cubic feet of natural gas. At $10/Mcf sale price and $54/Mcf for IRA PTCs (45V, 45Q, 45E) each unit produces up to $150,000 of annual revenue.
A gigawatt-scale solar array integrated with 1000 Terraformers will produce enough natural gas to supply 20,000 homes.
A self-funding global fleet of 400 million Terraformers, rolled out over the next two decades, will provide all of humanity with permanent unconditional energy abundance for the first time in history, completing the mission of the industrial revolution.
Production starts Q2 2024.
Work with us!
sales@terraformindustries.com
hiring@terraformindustries.com
Is the most difficult part of implementing this vision the siting of solar arrays to power them or natural gas interconnections? Could either be a bottle neck delaying deployment?
LikeLike
How do you propose to qualify for both 45V and 45Q tax credits, given the statutory prohibition in the IRA on doing that?
LikeLike
45V is worth much more to us.
LikeLike
If the operating lifetime is 5 years, 400 million units rolled out over two decades, means an intense flood of dead units well before 20 years even elapse. No recycling plans?
LikeLike
I know this intended to be short and sweet but I think some discussion of the cost of the 1 MW solar array is warranted.
LikeLike
I looked up some numbers on this. The average cost of a utility-scale solar array, as of this writing, is between $0.94 and $1.01 per watt. This amounts to about $1 million for the 1 MW solar array this requires, leading to a total of $1.5 million for running a Terraformer operation for the 25-30 year lifespan of the solar panels.
This is not worth it without the tax credits (expected revenue of only about $600k) but well worth it with them (revenue of $3.75 mil), meaning that most of the business now will come from collecting the bounty that our governments have placed on carbon capture. It will become truly self-sustainable if solar somehow gets ten times cheaper, which is not out of the question in 25 years if stuff like this takes off.
LikeLike
Awesome! Haber-Bosch for Hydrocarbons reloaded!
LikeLike
Very interesting, indeed! Thus, I tried to carry on some evalutation by myself and, for the electrolyzer, OK: let’s say 75% efficiency, with a solar site allowing 1500 eq hours/y (that is some 17% of capacity factor), 350kWp of solar panel will be OK. But I am not able to estimate the energy absorbed by the CO2 process. I reckon that some 210 million m3/y of air have to be circulated (or compressed?); what pressure? And is pumping/compressing the unique relevant electricity absorption? Could you provide some more info on the subject? thanks a lot in advance (if you prefer, you can answer me directly on my email)! regards
LikeLike
Amazing!
When can we get our hands on one and can we help you evangelize this for Denmark !
LikeLike
Amazing!
When can we get our hands on one 🙂
LikeLike
making history. early investor (to remember it boastingly when it becomes big).
LikeLike