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Synergy Fuels

Synergy Fuels is a technology company.

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About

Synergy Fuels develops advanced energy technologies, primarily focusing on the conversion of waste heat into usable power. The company designs and deploys systems that capture significant thermal energy byproducts from industrial processes, transforming this otherwise lost energy into electricity or other valuable forms. Their technical approach leverages specialized thermoelectric generation capabilities, substantially bolstered by a strategic acquisition in the field.

The company was founded in 2014 by co-founders Rich Halvorson and Graham Frandson. Their foundational insight centered on the critical need to address global energy inefficiencies by harnessing the vast, untapped potential within industrial waste heat streams. This vision culminated in the acquisition of Alphabet Energy in late 2019, integrating proven intellectual property and extensive expertise in thermoelectric materials and devices into Synergy Fuels' operational framework.

Synergy Fuels targets industrial and manufacturing sectors that produce substantial thermal exhaust, offering solutions that enhance operational efficiency and mitigate energy expenditures. The company's long-term vision is to advance a more resource-efficient and sustainable global energy landscape through the innovative capture and repurposing of energy that would typically be dissipated, thereby improving overall energy productivity.

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