Obviously, steam power has an efficiency limit, otherwise we'd be driving steam powered cars (given the alternatives).
But with your proposed system, I can see that you'll be using "waste" energy (mechanical, pressure, heat) to power other aspects of the process, notably the generation of fuel.
And since, as I understand it, it's something of a closed loop design (except for the infusion of otherwise useless farm/municipal waste), efficiencies can be maximized.
The development of this project will be fascinating to follow
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Its certainly not a solution for all situations, however there is a sector that many would like to crack and utilize. Currently the process to use this material is energy intensive, its one of the few however where when you break it down into steps, steam works out by far the most efficient method.
The main question that needs answering is can it be made practical. Some AD units drive steam turbines, these units are normally at specific locations rather than more generalized energy production. For example some plants purely supply electric, but others that are more advanced can be like mini eco centers.
An example of this is a private sewage treatment works, there are very very few in the UK, but one or two places have them. On one site there is a AD unit, this particular unit has been kept upto date and is used for large scale trials of different techniques. I dont think i would be allowed to mention where it is, but it shouldnt be hard to work out! They use everything produced in and around the AD technology. They have one of the few systems designed to take just about ant feedstock you can throw at it.
It feeds a large office and some housing along with its principle purpose, these days they have even become a large grower of under glass high value produce, this came about from using up every last drop of waste and waste energy. It was initially trialed as 'in a perfect world we would' kind of thing, so originally the budget factored in yearly losses.
Around 2-3 years ago however it started turning a decent profit, on one side they have the heat supply that goes to the houses and glass houses etc. This is waste heat from the steam turbine used in this section, but on the other side of the generator room they recently installed a more conventional gas powered generator, so they have a real mix. They have access to alot of high Carbon high cellulose material, but in order to squeeze every last drop of energy out of it they use alot of processes and energy.
A simple steam steam engine could in principle turn the process from a net loss, into a net gain for both cost and energy produced. Its some place to visit!! Some really interesting technology used, yet it does have a purpose, it was never a tech based type place, it has a real function outside of energy etc. But from the start they have embraced green technology, the main office was one the first office buildings to have a planted roof, they were one the first commercial places to only use rain and purified grey water for all its water needs.
With the growing side (i dont know the acreage of glass houses) this has become one issue they are having to look into again. But they are trying a small scale cooling system for the green houses, rather than vent to release heat, they have a trial green house that uses water between the glass panels to help extract heat from the green house, this goes to the hot water sink, but the condensation is collected in troughs.
I would love to take a camera inside (no chance).