This company develops equipment that enables power systems to use a variety of liquid fuels as a substitute for natural gas. Their technology vaporizes diverse liquid fuels, allowing power producers to reduce gas flaring and lower electricity generation costs by utilizing less expensive fuel sources.
Funding
Funding not disclosed
Founders
Product
Problem
Power plants relying on natural gas face price volatility and supply constraints, while also contributing to gas flaring and emissions when alternative fuel sources are available. Renewable energy sources like wind and solar are intermittent, requiring a dispatchable power source to maintain grid stability.
Solution
LPP Combustion provides fuel preparation systems that enable power plants to utilize a wide range of liquid fuels, including biofuels and chemical waste byproducts, as substitutes for or supplements to natural gas. Their patented fuel vaporization technology allows gas turbines to operate with fuels that would otherwise be unsuitable, reducing reliance on natural gas and lowering electricity generation costs. By integrating with intermittent renewable sources, LPP Combustion's systems provide a dispatchable power source that ensures grid stability and maximizes the value of renewable energy. The technology also reduces gas flaring and enables the use of waste products as fuel, contributing to emissions reduction and a circular economy.
Target Audience
The primary target audience includes power plant operators, utilities, and energy companies seeking to reduce their reliance on natural gas, lower fuel costs, integrate renewable energy sources, and reduce emissions. This also includes oil & gas companies looking to reduce gas flaring.
Features
- Patented fuel preparation skids for vaporization of diverse liquid fuels
- Multi-fuel capability for gas turbines, enabling use of biofuels, waste liquids, and other alternatives to natural gas
- Systems designed for integration with wind and solar power generation to provide grid support
- Low-emissions combustion technology for compliance with air-quality regulations
- Modular design for easy installation and integration with existing power plant infrastructure
- Turnkey power systems optimized for bio-ethanol or bio-diesel