Micro algae, wood waste, bagasse and other green municipal waste is to be put to good use thanks to Kiwi company Aquaflow. The company has announced it is partnering with Energy Parks Australia to develop infrastructure for energy parks to produce next generation biofuels from multi biomass sources.
First off the rank will be a site on Queensland’s Sunshine Coast. Queensland produces millions of tonnes of waste biomass every year from its primary production such as sugar cane and forestry, all of which can be converted to liquid fuels. Aquaflow said this means that State’s fuel security can be assured well beyond peak oil, creating a buffer against predicted price increases in the future. It will also have the capacity to export to other States.
Aquaflow Barrie Leay said the multipurpose biomass approach gives the company “flexibility to develop a feedstock mix specific to available resources worldwide”.
“We believe this is a significant advantage for algal biofuels over lipid oil extraction approaches to diesel and jet fuel.”
The company has expertise in the chemistry, design and building of its own renewable bio-fuels plant, and in August this year announced a collaborative agreement with Texas-based CRI Catalyst to produce commercially viable cellulosic hydrocarbon fuels and blend stocks.
Idealog has been covering the most interesting people, businesses and issues from the fields of innovation, design, technology and urban development for over 12 years. And we're asking for your support so we can keep telling those stories, inspire more entrepreneurs to start their own businesses and keep pushing New Zealand forward. Give over $5 a month and you will not only be supporting New Zealand innovation, but you’ll also receive a print subscription, an Idealog t-shirt and a copy of the new book by David Downs and Dr. Michelle Dickinson, No. 8 Recharged (while stocks last).