Tag: Australia

Queensland premier proposes Biofutures Industry Development Fund

Queensland premier proposes Biofutures Industry Development Fund

February 10, 2016 |

In Australia, the Queensland premier announced development of a Biofutures Industry Development Fund that is meant to help first-movers in biofuels and the bioeconomy bridge the early stage funding gap in order to get to implementation. The funding facility will help cover the costs of due diligence processes so that investment-ready projects can access capital. […]

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Australian university preparing to bring online UCO biodiesel plant this year

Australian university preparing to bring online UCO biodiesel plant this year

February 8, 2016 |

In Australia, CQ University is getting ready to bring online its UCO biodiesel plant that is has been developing over the past five years with an eye on commercial scale. Industry, including Caltex, has shown interest in the facility that could produce millions of liters per year, though its exact production capacity hasn’t yet been […]

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Katter seeks to bring E10 debate back onto Australian agenda

Katter seeks to bring E10 debate back onto Australian agenda

January 26, 2016 |

In Australia, MP Bob Katter is back on the campaign trail to push for a national E10 blending mandate to help reduce the country’s reliance on fossil fuel imports and support local agri industries including sugar and grains. Currently oil imports account for about 90% of domestic fuel consumption. He said sugar could account for […]

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Australian researchers develop new way to deliver CO2 to microalgae

Australian researchers develop new way to deliver CO2 to microalgae

January 25, 2016 |

In Australia, chemical and biomolecular engineers from the Melbourne School of Engineering have discovered a new way to deliver carbon dioxide to microalgae, which in turn, can be harvested to make renewable fuels such as biodiesel. Carbon dioxide is well known to speed up the growth of microalgae. However, the carbon dioxide has to be free […]

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Australian Renewable Fuels enters voluntary receivership

Australian Renewable Fuels enters voluntary receivership

January 21, 2016 |

In Australia, the Board of Australian Renewable Fuels Limited has placed the Company into voluntary administration. The Board has been conscious of the rapidly declining oil price and been monitoring closely the Company’s feedstock pricing so as to ensure that appropriate trading margins were maintained. Historically there has been a relatively short time lag between a […]

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New South Wales port may become ethanol hub

New South Wales port may become ethanol hub

December 23, 2015 |

In Australia, Port Kembla may become a major ethanol trading hub in New South Wales should a new plan for a new bulk liquids terminal in the harbor as proposed by TQ Holdings. The plan, replacing a previously developed plan for soybean crushing and biodiesel production whose planning permission expired earlier this year following little […]

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Queensland biofuel use likely to fall despite new E3 and B0.5 policies

Queensland biofuel use likely to fall despite new E3 and B0.5 policies

December 16, 2015 |

In Australia, biofuel use is expected to fall in Queensland despite a recent move to mandate a 3% ethanol blend that will require about 30% of the state’s gasoline to be blended with E10 due to a crash in biodiesel imports. Biodiesel imports have slowed to a trickle as a result of an excise tax […]

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New South Wales gas station owners to be fined if don’t update E10 with 94 octane labels

New South Wales gas station owners to be fined if don’t update E10 with 94 octane labels

December 16, 2015 |

In Australia, gas station owners in New South Wales are at risk of up to A$1 million in fines for not updating their pump labels showing 94 octane instead of 91 octane following the introduction of E10. Fines could come as soon as early 2016 against companies and individuals if changes weren’t made immediately. At […]

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Queensland’s parliament approves biofuel blending from 2017

Queensland’s parliament approves biofuel blending from 2017

December 2, 2015 |

In Australia, Queensland’s parliament has passed a bill mandating 3% ethanol blending and 0.5% biodiesel blending from Jan. 1, 2017. The start date is six months later than originally planned to give the oil industry time to adapt to the blending requirements. Ethanol blending will then rise to 4% in 2018, according to the bill. […]

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Clean Energy Finance Corporation launches A$100 million for new Australian Bioenergy Fund

Clean Energy Finance Corporation launches A$100 million for new Australian Bioenergy Fund

December 1, 2015 |

In Australia, the Clean Energy Finance Corporation (CEFC) is aiming to accelerate investment in Australia’s bioenergy sector through a A$100 million cornerstone commitment to the new Australian Bioenergy Fund. The Australian Bioenergy Fund will support investment in a broad range of projects seeking to produce energy from agricultural, council, forestry and mining waste streams. It […]

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