Kibo Energy launches RfP to replace coal with renewable biofuel

August 25, 2022 |

In South Africa, Kibo Energy has initiated a process for Requests for Proposals to investigate the feasibility of replacing fossil-fuel (coal) with renewable biofuel, as mentioned in the company’s RNS dated May 27, 2022. This follows an extensive review of the company’s operations and assets wherein it determined to dispose of all its coal assets while retaining the associated energy (power) projects through its introduction of innovative biofuel technology, on which the company has been doing extensive work in recent months.

Through the RFP process, Kibo intends to appoint an experienced international biomass and biofuel consultant to determine the economic and technical viability of utilising the specific biomass (or bio-coal) technology, referred to above and in previous RNS’s, as a feasible fuel source at industrial scale, to fuel the Company’s existing and already developed utility scale power projects. The feasibility studies will investigate whether sufficient biomass can be sustainably produced and supplied as fuel for a 300 MW power plant over a 20 to 25-year power purchase agreement period. The biofuel technology, which will be the subject of the above referred investigation, has already been subjected to extensive bench testing and has thus far delivered positive results in all tests performed.

Category: Fuels

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