[ad#The Buzz Sponsor Ad]

Algae.Tec inks deal with major Aussie coal powerplant

July 5, 2013
AlgaeIndustryMagazine.com

The Bayswater coal-fired power station, located in the Hunter Valley NSW, Australia, is one of the two largest power stations in Australia and one of the largest in the world.

The Bayswater coal-fired power station, located in the Hunter Valley NSW, Australia, is one of the two largest power stations in Australia and one of the largest in the world.

Algae.Tec has signed a deal with Australia’s largest power company to site an algae carbon capture and biofuels production facility alongside a 2640MW coal-fired power station near Sydney. Macquarie Generation, one of the largest power companies in the world – and owned by the New South Wales Government, has signed an agreement to site the Algae.Tec facility next to the Bayswater coal-fired power station in the Hunter Valley NSW, and feed waste carbon dioxide into the enclosed algae growth system. The resulting algal oil will be converted to biodiesel and hydrogenated to grade A jet fuel.

Bayswater uses approximately 7.5 million tons of coal per year and delivers power to eastern Australia, from South Australia to Northern Queensland. It is the center-piece of the New South Wales energy system. “This deal is an innovative means of capturing and reusing carbon emissions and providing the Hunter region with a locally produced green fuel source,” said NSW Energy Minister, Chris Hartcher.

“Carbon is now our single largest cost. This technology should reduce our carbon output, reduce our carbon bill, and at the same time improve our bottom line,” added Macquarie Generation CEO and Managing Director, Russell Skelton. “It’s new technology improving a traditional power plant.”

AlgaeTec

Algae.Tec CEO Roger Stroud said this deal reflects a genuine desire on the part of the NSW Government and the NSW power industry, to support solutions to mitigate carbon dioxide emissions from fossil fuelled power stations. “At a time when all the petroleum refining capacity is closing down in NSW, this is the beginning of an era of renewable fuel which can be ‘grown’ in the State and can substitute for imported petroleum products.”

More Buzz…

HOME Algae Industry Jobs

Copyright ©2010-2013 AlgaeIndustryMagazine.com. All rights reserved. Permission granted to reprint this article in its entirety. Must include copyright statement and live hyperlinks. Contact editorial@algaeindustrymagazine.com. A.I.M. accepts unsolicited manuscripts for consideration, and takes no responsibility for the validity of claims made in submitted editorial.

From The A.I.M. Archives

— Refresh Page for More Choices
Researchers Greg O’Neil of Western Washington University and Chris Reddy of Woods Hole Oceanographic Institution (WHOI), have exploited an unusual and untapped class of c...
Nutritionaloutlook.com this month gives a well-rounded survey of how algae’s uses in food, beverage, and supplements keep expanding. Here is an excerpt: Thanks to the 201...
Algae.Tec has announced a collaboration agreement for the commercialization of its algae production technology with Larimar Energy SRL, of the Dominican Republic. The ene...
The fully automated plant at the Fraunhofer Center for Chemical-Biotechnological Processes CBP in Leuna, Germany, was designed to produce microalgae at industrial scale. ...
Currently made most often from petroleum and natural gas, ethylene is used in the manufacture of plastics and polyester, and ranks as the largest petrochemical produced b...
Algae producers moving from pilot to commercial applications require quick adaptation to algae harvesting capacity of hundreds and even thousands of cubic meters per day....
Abigail Klein Leichman writes in ISRAEL21c that, in the rush to research algae-based technologies, Israel – as a startup nation itself – is at the forefront of much of th...
A Memorandum of Agreement has been signed by Aerospace Malaysia Innovation Centre (AMIC), Airbus Group, University of Malaya, University Malaysia Terengganu, The Universi...
Fiona Macrae writes for the London Independent that British scientists claim to have found a green alga that produces a sugar-like chemical to protect it from harm. When ...
Scientists at Dartmouth College, in Hanover, New Hampshire, have discovered that marine microalgae can completely replace the wild fish oil currently used to feed tilapia...
If we built a Green Friendship Bridge composed of 8,600 algae microfarms given to Mexican and Central American farmers in lieu of 1%, (13 miles) of additional border wall...
For plants and algae that carry on photosynthesis, light can be too much of a good thing. On a bright, sunny day, a plant might only be able to utilize 20 percent or less...