|
Slane Energy LLC (“SEL”), an Ohio limited liability company, has developed and filed a patent for a process to make synthetic fuel (“SynFuel Process”).
The SynFuel Process is a method of combining various organic ingredients, using (“Binders”), with coal or other materials with high BTU characteristics (“Feedstocks”) to result in a finished product, fuel that will cost less to produce than traditional sources of fuel such as coal or natural gas.
The goal of SEL is to design, build, and market facilities to produce SynFuel, which will then be sold to industrial fuel consumers such as electric power companies, ethanol plants and other industries to name a few.
The standard SEL SynFuel Plant has the capacity to produce 200,000 tons of SynFuel annually. SEL plans to construct multiple SynFuel Plants, in order to meet the needs of the growing commercial market for such alternative fuels. This initiative was in part motivated by the IRS Title 26 USC § 45.
Business Profile
Slane Energy, LLC (SEL) provides and operates the facilities to convert waste resource supplies of coal fines and cellulose into electricity and steam. In some instances, the fines and cellulose are blended into synthetic coal-based fuels, which offer the advantages of having lower sulfur and lower mercury emissions than the base coal, compatibility with existing feed and boiler systems, allows Section 45 tax credits, and may attract other renewable portfolio credits. In other instances, waste cellulose is processed into a high-energy, low sulfur solid fuel for direct combustion in a cyclone burner-fired steam boiler.

|