FuelGems uses carbon-based nanoparticles as a fuel additive to make gasoline and diesel engines more efficient and cleaner-burning.
Nextbigfuture interviewed FuelGems CEO Kirill Gichunts. Kirill was a managing Partner of a VC accelerator fund and he has grown 15 start-ups and achieved exits.
The additive enables engines to be cleaner-burning which significantly reduces emissions. They have done case studies with Coventry University and other institutions. The studies show that carbon dioxide emission is reduced by 8% and particulate matter is also reduced. The additive counters the corrosive effects of ethanol and extends engine life. This reduces repair costs.
They are targeting the refinery level in order to achieve the fastest impact. The oil and gas industry will remain the largest share of the energy and transportation system for decades. Lubrication improvement and efficiency will provide savings of over $50 billion per year. The improvement will be largest in Hawaii and Japan which use diesel for a large part of their power generation.
They have raised over $900,000 via Wefunder and a venture capital fund Sputnik ATX.
Oil companies use fuel additives but most are expensive and only offer engine cleaning effects. FuelGems will provide significant and unique reductions in fuel consumption for consumers and society and lower costs at the refinery level.
FuelGems is in discussions for pre-pilot and pilot stage implementations with 4 of top 40 largest Oil&Gas companies including, BP, Marubeni, Suncor Energy, PKN Orlen and Australian Department of Defense.
Oil companies will be able to use an additive that costs less than 2 cents per gallon and they will be able to sell a ultrapremium clean blend of fuel that improves fuel economy by up to 8%, extends engine life and reduces emissions. Premium grades of fuel are already sold at the pump and this would be a new level.
The world will still be using oil for decades. FuelGems will make it significantly cheaper and cleaner for the world to use oil.
Written By Brian Wang, Nextbigfuture.com
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.
19 thoughts on “FuelGems Enables Significantly Cleaner and More Efficient Gasoline”
Great! Add that into the “California Blend” and we’ll go from Sky-High prices at the pump to OuterSpace prices – only Elon Musk could afford… Someday, people will figure out our new One-Party system is GD REAM JOB!
Corn ethanol in petrol wasn't introduced for technical reasons, so it won't be removed for technical reasons either.
I don't know about their technical merits (I mean they certainly don't explain anything in that video) but I've heard all sorts of video productions from billion dollar (and up) companies that were nowhere near as well done as that little spiel.
I can't spot anything there that looked amateur to me. Except that little cringe comment about how they were all PhDs.
A bit thin on detail, sounds like snake oil to me.
"The oil and gas industry will remain the largest share of the energy and transportation system for decades"
Yeah, unless Elon Musk disrupts the ICE like he's already doing, and gasoline goes the way of VCR sales at Radio Shack.
Considering the concerns over nanoparticle ingestion currently, adding that to vehicle exhaust is a bit concerning. It could easily become the new asbestos. We're already seeing plastic microparticles starting to show up inside cells as is.
I am curious as to the mechanisms that causes the exhaust profile changes though.
But if you want to improve efficiency, reducing lubrication needs by using a gold-palladium alloy coating on surfaces (which seems to generate carbon films that are near-diamond like) is an alternative path…
Could the nano particles of carbon be used in the lubrication oil. Burning things is not good and collectively the world is curtailing burning but lubrication will be ongoing.
Good. Maybe now we can stop burning through our food supply (corn) in order to drive somewhere.
I should imagine, the avenue they being delivered such as inhaled vs. ingested will make a key difference in how safe it is in your animal models. All the break down products that are out there from these would have to be investigated.
Isn't this a bit late. Its like better horse whip when cars started taking over for horse carriages.
If it was buckyballs it might be ok. They gave buckyballs in olive oil to mice or rats, I can't remember which, and extended their lives rather than hurting them. I would assume buckyballs would lubricate quite well. But I doubt these are buckyballs. It is probably a random collection of thousands of carbon allotropes.
And even if it was buckyballs, just because it is vermin friendly, doesn't mean it is friendly to birds, frogs, and walruses.
A lot of things can go wrong aboard ship, and they generally have to fix it themselves when it does. Ammonia is some pretty nasty stuff. You could easily have substantial loss of life aboard if they tried to fix a leak, and did not immediately get in the life rafts the second it was detected.
Oil from algae is an interesting possibility. But I think natural gas could work if they can make a combined cycle power plant in the engine room. If they could get 55% efficiency, I think the energy density of natural gas would be sufficient. It is marginally more dangerous than oil on board. Natural gas can explode, but oil can be slippery and difficult to do repairs with a major leak. Another positive with natural gas is minimal environmental impact if the ship hit a rock and cracked open. Oil is a mess…even if it was from algae. It would still kill wildlife. The natural gas would go into the atmosphere unburned and cause 4x the Global Warming that the CO2 would have, but that is small potatoes compared with an oil spill. An ammonia spill in the ocean? Doesn't sound great. Gotta think that will be quite devastating.
Diesel, not gasoline.
Yeah even if all the stuff he is quoting is relatively accurate, I'm dubious of the cancer and environmental impacts of ANY NEW ADDITIVE until shown to be safe. I just keep thinking of that 2nd Cosmos series with Dr. Tyson recanting the story of Pat Patterson on the fight against leaded gasoline back when. You've got to love that nomenclature they are pushing here, of Fuel'Gems', and such, BEFORE, the testing is done on emissions carried out from vehicles of all those 'nanoparticles' they could emit. ON the reverse side of the coin, sounds good on the surface to reduce the wear and tear in your engine, reduce emissions (the usual suspects), as well as improve fuel economy.
Green ammonia looks like a viable replacement for heavy oil for ships and stationary engines used for power.
Expensive, but probably cheaper than negative emissions somewhere else.
Thank you!!! Good lord.
So, they can't afford someone to read over the script and make sure that it is grammatically correct and sounds right…and maybe a bit of voice coaching?
These things have a way of making themselves look better than they are. Was the gasoline they compared themselves to a normal consumer gasoline or was this before adding anything to the fuel?
Where is the cancer testing, and other environmental tests? We have been burned before with additives. TEL was a disaster causing decades of high crime and destruction of lives. MTBE poisoned the groundwater, which is probably permanent.
A bit late…where was this 30 years ago? It is like coming up with a revolutionary horse collar in the midst of a transition to cars. Hawaii is going to shut down their oil power plants by 2024: https://dailyenergyinsider.com/news/27673-hawaiian-electric-to-shut-down-oil-fired-plants-as-it-transitions-to-renewables/
And there is no other significant oil power plant use in the US.
It might be interesting in shipping, if it does anything for heavy oil. There is, as yet, no clear path to replacing oil use in ships. Cruse ships could not only gain, they could use the increased efficiency in advertising to sell cruises.
1,000,000 miles testing is pathetic for a product like this.
Clearner burning gasoline will so nothing to stop or even slow down the steamroller that is the EV industry, which will overtake gasoline and diesel vehicles.
Note: I'm fully aware that I might get flamed for this. … 😀
that's nothing… snake oil increases mileage over 10%.
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