Synthetic Methane
topic on 2 shows · 6 statements across 3 episodes
6 statements about Synthetic Methane, every show
Thiel: Even at $1/kg hydrogen, synthetic methane feedstock costs $10/MMBtu
“In the best case, you need something like half a kilo of hydrogen per kilo of methane. And so if we looked into a, to a wonderful version of the future where we, Get to the kind of magic one dollar per kilogram hydrogen mark that, you know, is, is on the DOE's…”
Thiel: $100/ton DAC CO2 adds $6/MMBtu to synthetic methane costs
“The, again, sort of best case from the chemistry is something like 2.75 kilograms of CO₂ per kilogram of methane. So thinking back on a, on an MMBTU basis, you know, if you want to Get the good sort of CO₂ from the air, and we hit all our hopes and targets of …”
Kann: Synthetic methane cannot be produced below $20–$30/MMBtu near term
“With today's costs of hydrogen, and today's costs of CO₂, or even the next few years costs of both, You know, it's hard to picture producing synthetic methane. Again, we haven't even talked about the capex here, but it's hard to imagine producing synthetic met…”
Thiel: Standard synthetic methanation achieves approximately 50% total efficiency
“If you used something like that and did this kind of fairly standard methanation process, the total efficiency of the process kind of comes in around 50% ballpark, right? And about half of those losses of the 50% of the energy that you lose are in the electrol…”
Moffat: Synthetic methane costs over $30/MMBtu with near-zero carbon intensity
“It is going to be more money, so you're going to be in the over 30 dollars in MMBT to be able to sell it, and your carbon intensity is not going to be negative. It's going to be hovering around zero or a little higher depending on your renewable mix that you p…”
Corbeau: Synthetic Methane Allows Repurposing Existing LNG Infrastructure for Hydrogen
“Synthetic methane, whereby basically you would be producing hydrogen, mixing that with CO₂, transporting that overseas, and this is basically, you're still using the same LNG infrastructure, which seems to be a favorite solution for a couple of players.”