A Biofuel Industry for the Eyre Peninsula?
The primary goal of the Biofuel industry is to produce cost effective, 100% sustainable replacement fuels, requiring no blending with fossil fuels and no modification to existing infrastructure (as is required for existing ethanol fuels).
Every possible pathway from biomass to biofuels from a technical and economic level lead to sugar as possibly the most direct and cost-effective option of converting biomass into hydrocarbon fuels.
A highly innovative South Australian based company, AusAgave, has been pioneering the genetic selection, commercial production, harvesting and conversion of the humble agave plant into one of the biofuel industries most productive feedstock sources. Having studied some of the early trail numbers, there is a very strong (and profitable) potential for Agave to be grown on a broad acre basis in many areas of the EP.
Renewable fuels company Muradel (a commercial joint venture between Murdock and Adelaide Universities) has launched Australia’s first integrated demonstration plant to sustainably convert algae into green crude, as a step towards a commercial plant with the potential to produce 80 million liters of green crude oil a year. The $10.7 million demonstration plant at Whyalla – officially opened Oct. 31, 2014 – is intended to produce 30,000 liters of green crude a year, using Muradel’s Green2Black™ technology.
AusAgave has recently partnered with Muradel and is bringing full Agave plants from its Queensland plantation to the Whyalla demonstration plant for conversion. Early trials suggest that Agave may well be the most economically produced biomass feedstock for the production of sustainable biofuel.
FREE Eyre and AusAgave recently applied for and won an Accelerating Strategic Investment Grant through Regional Development Australia.
It is for this reason that FREE Eyre and AusAgave recently applied for and won an Accelerating Strategic Investment Grant through Regional Development Australia. This $10,000 grant is to assess the commercial and technical feasibility of growing Agave commercially on Eyre Peninsula as a feedstock for production of Green Diesel and other carbon neutral hydrocarbon products.
We will keep our shareholders up to date as this project progresses.