Pull jet fuel from thin air? We can do that, say scientists

The aviation industry’s attempts to go green are getting a boost from an unlikely place: carbon-neutral jet fuel pulled from thin air.

That may seem far-fetched, but it’s a concept that engineers at the Swiss Federal Institute of Technology (ETH) have not only proved experimentally, but apparently proven again at scale. Even better, the fuel created by the process is allegedly a drop-in alternative to fossil-derived aviation fuel that can be used without changes to storage or distribution infrastructure.

Here’s how the system works:

Synthesizing kerosene pure enough to be used as jet fuel from thin air isn’t even a new concept. We know it can be formed from something called synthesis gas, or syngas, which is a mixture of hydrogen and carbon monoxide.

Crucially, the goal of this particular project is to produce a clean, carbon-neutral form of syngas that doesn’t create additional emissions. According to the researchers, the best way to do that is with solar energy.

For their test-scale unit, the researchers built an array of 169 sun-tracking reflectors that focus approximately 15kW of solar energy at a 16-inch aperture on a tower-mounted solar reactor. According to the researchers, the solar energy directed at the reactor “corresponds to an average solar concentration ratio of approximately 2,500 suns, with a peak above 4,000 suns.”

Inside the reactor, temperatures reach approximately 1,500°C (2,732°F), which is hot enough to split captured carbon dioxide and atmospheric water vapor to form syngas. As it cools, the syngas flows out of the reactor to a gas-to-liquid unit that processes it into kerosene.

According to the researchers, the syngas produced by the reactor has selectivity, purity, and quality high enough to make it suitable for Fischer–Tropsch synthesis, which turns liquid syngas made from hydrogen and carbon monoxide into hydrocarbons we can use to fly planes.

The system isn’t the most efficient – only managing a 4.1 percent solar-to-syngas efficiency. Still, project lead and ETH engineering professor Aldo Steinfeld told IEEE, 4.1 percent is a record for thermochemical fuel production.

The test-scale project didn’t use any heat capture technology, meaning that 4.1 percent record should be easily beaten. If heat capture technology were added to a future iteration of the facility, efficiency rates could reach as high as 20 percent, the researchers claimed.

Jet fuel that begins life as air and captured carbon, the researchers explained, is completely carbon-neutral because the fuel only produces as much carbon dioxide as went into its manufacturing.

[…]

Source: Pull jet fuel from thin air? We can do that, say scientists • The Register

EU Digital Markets App (DMA) approved for new rules for fair competition online

[…] New rules for gatekeepers

The DMA defines new rules for large online platforms (“gatekeepers”). They now have to:

  • ensure that unsubscribing from core platform services is just as easy as subscribing
  • ensure that the basic functionalities of instant messaging services are interoperable, i.e. enable users to exchange messages, send voice messages or files across messaging apps
  • give business users access to their marketing or advertising performance data on the platform
  • inform the European Commission of their acquisitions and mergers

But they can no longer:

  • rank their own products or services higher than those of others (self-preferencing)
  • pre-install certain apps or software, or prevent users from easily un-installing these apps or software
  • require the most important software (e.g. web browsers) to be installed by default when installing an operating system
  • prevent developers from using third-party payment platforms for app sales
  • reuse private data collected during a service for the purposes of another service

If a large online platform is identified as a gatekeeper, it will have to comply with the rules of the DMA within six months.

If a gatekeeper violates the rules laid down in the DMA, it risks a fine of up to 10% of its total worldwide turnover. For a repeat offence, a fine of up to 20% of its worldwide turnover may be imposed.

If a gatekeeper systematically fails to comply with the DMA, i.e. it violates the rules at least three times in eight years, the European Commission can open a market investigation and, if necessary, impose behavioural or structural remedies.

[…]

Source: DMA: Council gives final approval to new rules for fair competition online – Consilium

AMTD Digital / $HKD massive pump and dump squeeze, Reddit shocked but figuring out who dun it

HKD, a spinoff IPO with 51 employees within the space of a few days had a stock price explosion up to around $2555 per stock from around $75 starting on 28th July. No buy button was disabled (as was the case with Gamestop / $GME) and within a few days the rug was pulled on 3rd of August leading to a (current) value of around $1000. This is around the time of the very confusing $GME stock dividend split (splividend) which has caused chaos with brokers not issuing the split shares or dividend to clients with $GME stock. Redditors were caught completely flat footed by this, but the media has been blaming Reddit with headlines like the following

Newly minted meme stock darling AMTD slides after eye-popping surge – Reuters

AMTD Digital stock, HKD, is up more than 14,000% since its IPO. Is it a new meme stock? – USA Today

How a little-known stock soared 21,000% to overtake Costco – (CNN Business)The Reddit retail army is back.

As for Redditors, they are looking for the culprits

HKD, a Chinese ticker ($2m/month “revenue”, no history, and no products), fresh IPO’d on July 15th, same week as $GME’s record date. Only during GME’s Splividend volume suppression did HKD arbitrarily grow from $1B to $.15 TRILLION in market cap. Wut doin Ken? Buying Like-Kind FTD Settlement?

AMTD Digital $HKD the 25th Largest Company in the world in 2 weeks. Larger than Pfizer, Coca Cola, Bank of America, Shell or McDonald and you never heard of it. Meet their gifted managment team and comprehensive webpage.

If you’re wondering why HKD is up 4500% in two weeks, it’s because the Rothschilds are involved

They are trying to frame HKD as the next GME, claiming WSB is behind it. Smells very much like mayo.

Even CNN says that WSB pushed up HKD. Really? I feel like all of us knew about this stock only when it was too late.

Here is proof WSB did not have anything to do with HKD. Look at which line does up first. Do your research media

r/wallstreetbets - Here is proof WSB did not have anything to do with HKD. Look at which line does up first. Do your research media

Redditors are affronted that this stock is being treated differently from $GME – a stock that was being short squeezed for no reason apart from monetary gains for huge institutional investors such as Ken Griffin and Citadel and many more.

13 & Change to $2,555.30 per share. No systemic risk to market. No one freaked out at RobinHood or any other brokers, or clearing firms, or HedgeFunds… no buy button taken away to “Protect clients from risk!”. This tweet is 1,000% correct. What’s up?! 💎🙌🦍

They are also trying to figure out what it actually is that HKD actually does

You asked what HKD actually does? Ok, but this is gonna be painful…

TLDR: They took over an insurer in HK (Hong Kong) when China took over. They also bought up a couple insurers in Singapore. They may offer some fintech services and possibly a small media platform for some SE Asia internet celebs. Their “SpiderNet” is, according to them, their most profitable system. It appears to just be a business network that you have to pay to be a part of. It all sounds like a corporate crime syndicate straight out of a comic book.

They mention a “controlling shareholder” a few times, which I assume is AMTD Idea Group, a holding company. They’ve been investigated for some very fradulastic crap, which I will be writing up next. (https://hindenburgresearch.com/ebang/)

HKD, AMTD, WTF? The stock you haven’t heard of that’s up 30,000% in 2 weeks

This stock just IPO’d, is based in a foreign country, and has run 30,000% in two weeks on very low volume. Translation: Please do not read this and conclude, “Wow, what a great stock that I should definitely buy!” — That is absolutely NOT what we’re saying here

the website’s explanation of SpiderNet is extremely vague.

What can be gleaned from the website is:

  • AMTD provides investment banking and asset management services to clients on an international basis
  • AMTD Digital raised $125M in its New York IPO — the largest listing by a Chinese company in 2022
  • It owns the SpiderNet platform

That’s really all the website explains. After digging through a few press releases, we were able to determine that the SpiderNet platform intends to provide capital and technology to digital startups, as well as provide networking services to other digital startups. In turn, SpiderNet collects a fee from its members, which is where it gets almost all of its revenue.

In short: AMTD Digital is a Hong Kong based fintech play which essentially provides loans and services to startups in exchange for fees.

Wave Swell Blowhole Wave Energy Generator Exceeds Expectations In 12-Month Test

Wave Swell Energy’s remarkable UniWave 200 is a sea platform that uses an artificial blowhole formation to create air pressure changes that drive a turbine and feed energy back to shore. After a year of testing, the company reports excellent results. New Atlas reports: As we’ve discussed before, the UniWave system is a floating device that can be towed to any coastal location and connected to the local energy grid. It’s designed so that wave swells force water into a specially designed concrete chamber, pressurizing the air in the chamber and forcing it through an outlet valve. Then as the water recedes, it generates a powerful vacuum, which sucks air in through a turbine at the top and generates electricity that’s fed into the grid via a cable. As a result, it draws energy from the entire column of water that enters its chamber, a fact the team says makes it more efficient than wave energy devices that only harvest energy from the surface or the sea floor.

[…] A 200-kW test platform was installed last year off King Island, facing the notoriously rough seas of Bass Strait, which separates the island state of Tasmania from the mainland of Australia. There, it’s been contributing reliable clean energy to the island’s microgrid around the clock for a full 12 months. The WSE team has made a few live tweaks to the design during operation, improving its performance beyond original expectations. “We set out to prove that Wave Swell’s wave energy converter technology could supply electricity to a grid in a range of wave conditions, and we have done that,” said WSE CEO Paul Geason in a press release. “One key achievement has been to deliver real-world results in Tasmanian ocean conditions to complement the AMC test modeling. In some instances, the performance of our technology in the ocean has exceeded expectations due to the lessons we’ve learnt through the project, technological improvements and the refinements we have made over the course of the year.” “Our team is excited to have achieved a rate of conversion from wave power to electricity at an average of 45 to 50% in a wide range of wave conditions,” he continues. “This is a vast improvement on past devices and shows that the moment has arrived for wave power to sit alongside wind, solar and energy storage as part of a modern energy mix.”

The King Island platform will remain in place at least until the end of 2022, and the company is now gearing up to go into production. “Having proven our device can survive the toughest conditions the Southern Ocean and Bass Strait can throw at it, and deliver grid compliant electricity, our priority now shifts to commercializing the technology,” said Gleason. “For Wave Swell this means ensuring the market embraces the WSE technology and units are deployed to deliver utility scale clean electricity to mainland grids around the world.”

https://www.youtube.com/watch?v=PD5fXCW-yKc

Source: Blowhole Wave Energy Generator Exceeds Expectations In 12-Month Test – Slashdot