Vast | El Paso Clean Fuels Project
USA
Announced
Overview
Status
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Announced
Region
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North America
Geography
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USA
State
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Texas
Equity Owner
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Vast Energy
Proponent
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Vast Energy
Output
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e-methanol
e-SAF
Type of electricty
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concentrated solar power
Capacity
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200 million liters/year
Financing
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Technology
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Technical Advisors
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Advisors
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Project Contact
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Craig Wood, CEO, Vast Energy
Lawyers
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Project Cost
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$4.5bn
Offtaker
-
Commercial Operations Date
-
Decommission Date
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FID
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Description
Vast Energy, an Australia-based and NASDAQ-listed concentrated solar power developer and fuels producer, is in the early stages of developing a project near El Paso, Texas. It’s the company’s first in the US.
The project would produce eSAF or methanol. To produce eSAF, Vast would use a solid-oxide electrolyzer coupled with the Fischer-Tropsch process, while the methanol distillation process would lend itself well to Vast’s ability to produce low-cost heat.