en.Wedoany.com Reported - Questerre Energy Corporation has successfully completed full-scale testing of its HCCO® oil shale technology at the PX Energy facility in southern Brazil. This marks the first time the technology has been validated in a full-scale commercial-grade vessel, representing a significant step toward improving efficiency, reducing costs, and enhancing the economics of the PX Energy project, as well as advancing the commercialization of greenfield oil shale projects compared to previously used laboratory-scale reactors.
The test aimed to demonstrate the engineering and technical viability of the company's patented HCCO process at a commercial scale, and it has been successful. The next phase will involve longer-duration testing to determine the commercial operating parameters required for continuous operation of the process. Based on the current results, the company plans to commercially implement the technology at the PX Energy facility to reduce internal fuel consumption and strengthen project economics, while also incorporating the test results into the design of its planned small-scale commercial demonstration plant for HCCO technology.
Michael Binnion, President and Chief Executive Officer of Questerre, stated that this is a major step forward, as the team has demonstrated for the first time that the technology is effective in a commercial-grade vessel, not just in the laboratory. He believes this will help further reduce costs and improve the economics of the PX project, bringing HCCO technology closer to the commercial demonstration stage and advancing the commercialization of significant resources under Questerre's license.
Questerre is an energy technology and innovation company focused on the responsible development of oil and gas resources, with a significant natural gas discovery in the Utica shale in Quebec. This shale is considered one of the most important undeveloped natural gas resources in eastern Canada. The company believes that by responsibly producing and utilizing energy through new clean technologies and innovation, society can successfully transition its energy mix while sustaining human progress. Questerre is convinced that the future success of the energy industry depends on balancing economic, environmental, and social factors, and is committed to maintaining transparency and respecting the fact that the public must be involved in making important choices about their energy future.
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