Tuesday, August 27, 2013
Cool Planet Energy Completes Road Test In Ventura County
Camarillo-based Cool Planet Energy Systems reports today that it has completed a road test and trial in Ventura County, demonstrating its technology for converting non-food biomass into gasoline, jet fuel, and other products.
According to Cool Planet, it ran a joint vehicle road test with the County of Ventura, using a 5 percent blend of the company's renewable, low carbon gasoline for six weeks. The two said the test was approved by the California Air Resources Board (CARB), and is a milestone in the commercialization process for the company. Cool Planet is developing a cellulosic gasoline technology which reduces carbon output, by creating "biochar"--a high carbon, soil amendment--instead of emitting greenhouse gases.
Cool Planet said the vehicle test was used in the Ventura County Parks Department sport utility vehicle. Cool Planet is venture backed by BP, Google Ventures, Energy Technology Ventures (GE, ConocoPhillips, NRG Energy), and the Constellation division of Exelon.