In Botswana, W2 Energy, Inc. announced the immediate development of a Coal/Waste to Liquid (CTL) prototype plant capable of producing 10 ton/day coal/waste synthetic fuel production in Selebi-Phikwe. W2 Energy estimates the cost of manufacturing the CTL plant at $5 million.
Fuel production for the 10 ton/day plant is estimated at 1,000 gallons per day. However, after the utilization of EGM’s Enhanced Fuel Refinery System those estimates are expected to reach 2,000 gallons per day.
At a production level of 2,000 gallons of biodiesel per day, estimates see revenues producing approximately $2,686,000 per year. Those estimates are for fuel production only and do not take into consideration any power produced by the plant. BCL, which is 93% government owned, has already committed to sign a Power/Fuel Purchase Agreement for all power and fuel produced by the plant.