Timetable - What we plan to do over the next couple of years

The AFS timetable for delivering commercial carbon-neutral, sustainable fuels

2012 – 2015 Demonstration facility and initial commercial projects

Develop practical designs at a variety of scales to advance our green technologies, processes, market insight and opportunities.

Key objectives for making sustainable fuels are:

• To progress AFS technology rapidly into commercially viable projects
• Build up renewable liquid fuel operational expertise and intellectual property
• Develop close renewable energy partnerships along the supply chain and into the marketplace. 

We will achieve this by:

Stage 1.                Developing initial commercial projects of 1 – 10 tonnes of renewable fuel per day

This involves:

1. Scaling up the Demonstrator and designing for minimum operator and maintenance time.
2. Designing  optimum sized containerised  units for creating renewable and carbon neutral fuels.
3. Entering agreements with customers for specialist high-performance carbon-neutral fuels, especially, initially in motorsports.
4. Developing a range of commercial agreements with renewable energy technology partners.
5. Exploit agreements with fuel technology companies by establishing non-fossil CO2 projects.

Stage 2.                Commercial project development:

AFS develops commercially sustainable fuel projects by leveraging our technology and project expertise and connections. We build containerised fuel production units in projects which can be located anywhere that a supply of renewable electricity exists.

The projects that build these plants can include special purpose vehicles in which AFS holds minority stakes and licensing arrangements. 

The work involved includes:

1. Commercial assessment taking in the sustainable fuel market, technology, and geographic options.
2. Detailed engineering studies, estimates, and plans.  This includes identifying renewable energy technology suppliers who can develop and manufacture sustainable fuel technology, including; hydrogen electrolysers, CO2 release electrolysers, gas storage, and fuel manufacturing units.
3. Commercial and system modelling to determine optimum product mix for commercially-viable sustainable fuel
4. Full technology and economic proposals for producing sustainable liquid fuel.
5. Project marketing, raising project funding and cementing relationships with project partners for renewable liquid fuel.
6. Understanding market opportunities for sustainable liquid fuel both in current economic norms and as fossil-oil induced shocks occur.

Stage 3.                2015 - 2020

1. Build larger commercial carbon-neutral, sustainable and renewable energy powered fuel project(s).
2. Expand the "non-fossil CO2 to fuel" business.
3. Market individual carbon-neutral technologies e.g. CO2 capture, fuels processing.
4. Market proven containerised sustainable air fuel synthesis systems into initial niche markets.
5. Continuously develop business plan and raise finance for follow on sustainable fuels projects.
6. Continue technological and supply chain developments in renewable energy.
7. Create further opportunities/exit points for investors, eg, through Special Purpose Vehicles (while minimising equity dilution of parent company).

Stage 4.                2020 - 2025

1. Operate, or sell, initial sustainable fuels projects.
2. Continue to grow the renewable, non fossil CO2 business.
3. International development of individual technologies and containerised systems.
4. Implement secondary sustainable fuels projects.
5. Continuously develop business plans and raise finance for further renewable and carbon neutral fuels projects.
6. Provide further opportunities/exit points for investors, eg, through Special Purpose Vehicles (while minimising equity dilution of parent company).

2025 onwards - Long term plan

Implement further sustainable air fuel synthesis projects (taking total fuel production up to and over  10 million tonnes per year)