US Department of Energy’s (DOE) Argonne National Laboratory partners with Gevo to apply Argonne’s GREET model to its Net-Zero project

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ENGLEWOOD, Colorado, September 20, 2021 (GLOBE NEWSWIRE) – Gevo, Inc. (NASDAQ: GEVO) The U.S. Department of Energy’s (DOE) Argonne National Laboratory recently partnered with Gevo, Inc., a producer of energy-dense liquid hydrocarbons such as sustainable aviation fuel (SAF) and renewable super gasoline, to perform a critical life cycle analysis of its next generation technology.

Using the data provided by Gevo, the Argonne model on greenhouse gases, regulated emissions and energy use in technologies (GREET) should give results regarding the carbon footprint of these fuels. within a few months. The effort is funded by the Office of Bioenergy Technologies at DOE, which is part of the Office of Energy Efficiency and Renewable Energy (EERE).

“I am delighted with this partnership and the DOE’s investment in this project,” said Michael Wang, Argonne Distinguished Fellow, Senior Scientist and Director of the Systems Assessment Center in the Laboratory’s Energy Systems division. “This is the kind of real world application that GREET was designed for. “

GREET’s pioneering life cycle analysis considers a multitude of different fuel production pathways. The results include energy consumption, greenhouse gas and air pollutant emissions, and water consumption associated with production processes. The analysis also includes results for the entire fuel system, from carbon capture via photosynthesis to the final combustion of the fuel.

Uisung Lee, energy systems analyst at the Systems Assessment Center of the Energy Systems Division in Argonne, said that “Gevo’s commitment to achieving zero carbon emissions with advanced renewable hydrocarbon fuels, including the SAF and renewable super gasoline made from field corn, not just in relation to the end product but at every stage of production along the supply chain – will show how deep decarbonization of biofuels can be achieved. carried out holistically.

“Biofuels are already low carbon,” Lee said. “But Gevo wants it to be net zero carbon. It is an ambitious goal and a game-changer in the biofuels industry.

Argonne will look at emissions at every step of the supply chain: this “field to aircraft wake” analysis will include every possible step from production to combustion. “While it may not be possible to achieve zero carbon emissions at every step, sustainable farming practices and carbon capture and reuse from biofuel plants could help the company meet its goal when measured in the whole biofuel supply chain system, ”said Wang. GREET is unique; it is based on well-developed science and it allows adaptation, and in this way can adapt to changes and incorporate new ideas, including those from agriculture and forestry, which are so important for innovation.

“We believe in radical transparency when it comes to sustainability. It is extremely important to have good data, good models and use them for decision making, especially when choosing technologies throughout the business system. When we find a process where we can reduce our carbon intensity, we need to analyze it, and if it pushes us further towards our goals, we try to implement it, ”says Dr Patrick Gruber, CEO of Gevo. , Inc. “The tools provided by the GREET model are essential to our business model. We used the GREET model as a guide for our process as these benefits are realized in the resulting analysis. This is why our factories are supposed to run on renewable energy, including wind turbines, and why we have chosen to integrate renewable biogas into our production system. I think as we work on the analysis with the Argonne team we will come up with other great ideas to further reduce our carbon footprint.

GREET is constantly improving: GREET software provides users with a ready-to-use life cycle analysis tool to perform simulations of alternative transportation fuels and vehicle technologies in just minutes. At present, there are over 48,000 registered GREET users worldwide.

Wang said Argonne plans to publish the findings of this collaboration soon.

The Office of Energy Efficiency and Renewable Energies supports early-stage research and development of energy efficiency and renewable energy technologies to enhance U.S. economic growth, energy security, and environmental quality.

About Gevo

Gevo’s mission is to transform renewable energies and carbon into liquid hydrocarbons with high energy density. These liquid hydrocarbons can be used for transportation fuels such as gasoline, jet fuel and diesel fuel, which when burned can generate net zero greenhouse gas emissions when measured at all. throughout the product life cycle. Gevo uses low carbon renewable resource based carbohydrates as raw materials and is in an advanced state of development of renewable electricity and renewable natural gas for use in production processes, resulting in low fuels. carbon content with significantly reduced carbon intensity (the level of greenhouse gas emissions compared to standard petroleum fossil fuels throughout their life cycle). Gevo’s products perform as well or better than traditional fossil fuels in infrastructure and engines, but with significantly reduced greenhouse gas emissions. In addition to addressing fuel issues, Gevo’s technology also makes it possible to manufacture certain plastics, such as polyester, with more sustainable ingredients. Gevo’s ability to enter the growing market for low-carbon fuels depends on the price of oil and the value of reducing carbon emissions that would otherwise increase greenhouse gas emissions. Gevo believes that its proven and patented technology allowing the use of a variety of sustainable low carbon raw materials to produce competitively priced low carbon products, such as gasoline components, jet fuel and diesel fuel, offers the potential to generate project and business returns that justify building a multi-billion dollar business.

Gevo believes that the Argonne National Laboratory’s GREET model is the best available scientific measurement standard for life cycle inventory or LCI. Learn more on the Gevo website:

Argonne National Laboratory seeks solutions to urgent national problems in science and technology. The country’s leading national laboratory, Argonne conducts cutting-edge fundamental and applied scientific research in virtually all scientific disciplines. Argonne researchers work closely with researchers from hundreds of companies, universities, and federal, state, and municipal agencies to help them solve their specific problems, advance U.S. scientific leadership, and prepare the nation for a better future. With employees from over 60 countries, Argonne is managed by UChicago Argonne, LLC for the Office of Science of the US Department of Energy.

The Office of Science of the United States Department of Energy is the largest proponent of basic physical science research in the United States and strives to address some of the most pressing challenges of our time. For more information, visit https: // ener gy .gov / s c ience.

Forward-looking statements

Certain statements contained in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to a variety of subjects, without limitation, including Gevo technology, Ministry of Energy Argonne GREET model, SAF production, Gevo product attributes, Gevo Net-Zero project and other statements that are not purely statements of historical fact. These forward-looking statements are made based on the current beliefs, expectations and assumptions of Gevo’s management and are subject to significant risks and uncertainties. Investors are cautioned not to place undue reliance on these forward-looking statements. All of these forward-looking statements speak only as of the date on which they are made, and Gevo makes no commitment to update or revise these statements, whether as a result of new information, future events or otherwise. Although Gevo believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve numerous risks and uncertainties which may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For more information on the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as the risks associated with Gevo’s business in general, see the risk information in the report. on Gevo Form 10- K for the fiscal year ended December 31, 2020, and in subsequent reports on Forms 10-Q and 8-K and other documents filed with the United States Securities and Exchange Commission by Gevo .

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Source: Gevo, Inc.

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