| Thank you so much for the thoughtful comment and questions :) We take in raw biogas and do the scrubbing ourselves. We are working with a specialized gas cleaning firm to build the gas cleaning step of our process. It is not as OPEX heavy as you would expect and we have a very good sense of how clean we will be able to get the gas with this system (down to low ppb levels). We monitor H2S levels continuously and that informs us whether there is a risk of poisoning the catalyst. At scale the whole unit will be automated, including this step of the process and will only require attention for maintenance and restarting after a shutdown. I cannot comment to much on how we attack this problem. What I can say is that we do have a solution for the biogas composition drifting. The bench-scale test was partially run on a dynamic biogas stream as we did tune it once or twice over the 1800 hours, but not heavily. There was no real activity decline over the 1800 hour run, we stopped it because our methane cylinder ran empty funnily enough. You make a great point on competing versus large scale plants with the economies of scale advantage. One way we look to attack that advantage is by numbering up, going down the manufacturing learning curve and seriously reducing our CAPEX from FOAK to NOAK. Another way is simply by being able to deploy these units super fast and have them paid back by the time a large plant would be in the permitting phase. From an OPEX perspective, we have found that Urban Areas as well as some rural areas present really great opportunities for localized distribution networks where a chemical customer is always surrounded by a multitude of biogas sites. This enables us to cut transport down to a fractional cost because we are moving DME only 50 miles instead of 500. Lastly, we do not bake in any credits into our cost models. Even so, our TEA and ASPEN simulations show we have some of the lowest cost green DME and Methanol outside of China. Part of that is because we do get biogas for quite cheap, many of the sites we are targeting are too small for RNG. Even if they are large enough for RNG, many sites really like the 0 capex solution that we are commercializing. At the current price we are paying for biogas we are the most profitable biogas utilization solution for 80% of biogas volume (measured by how much net cash flow we generate for the biogas producer over a 20 year lifespan) We really appreciate the questions! If you are interested in asking more questions feel free to reach out via linkedIn or at jona@rise-reforming.com! |