[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
Tess Riley writes in TheGuardian.com about how spirulina may be able to combat malnutrition in developing countries. Spirulina is one of the oldest life forms on Earth, c...
Kevin Quon writes in Seeking Alpha about the financial plights and pivots of Solazyme, the algae industry’s most high profile recent IPO. In a year that started with a sh...
Green Star Products, Inc. (GSPI) has signed a contract to build a demonstration facility in Las Vegas, Nevada, to produce commercial quality algae. The Hybrid Algae Produ...
West Chester, Pennsylvania-based International Sustainability Group, Inc., an innovative green technology and sustainable manufacturing company, has entered the algae mar...
In an age where customer input is as easy as a click, OriginOil has tapped directly into its intended market to R&D their next generation algae harvester -- with a de...
Designboom.com is showcasing the “Spirulina Fountain” designed by bureau A. The installation constitutes a hybrid, fusing the production basins of the intense blue-green ...
In a recent study, published in PLOS ONE Journal, the influence of light intensity on the growth and lipid productivity of Nannochloropsis salina was investigated in a fl...
A U.S. Department of Energy (DOE) Biomass Energy Technologies Office (BETO) project, awarded to Cal Poly (California Polytechnic State University) in collaboration with M...
Don Willmott writes in Huffington Post about Nevada-based Algae Systems, which has built a test plant on Alabama's Mobile Bay to not only turn algae into diesel fuel but ...
Hammenhög, Sweden-based agribusiness Simris Alg has announced the launch of its first consumer products. The algae farmers’ exclusive omega-3 supplements and superfoods w...
Montague, Prince Edward Island-based Solarvest has announced that it has used its algal-based production platform to express bioactive therapeutic proteins. The proof of ...
As one of the most water-poor countries in the world, Jordan’s current water resources are significantly below the global water scarcity line. Annual rainfall falls under...
Brian Krassenstein, writing in 3Dprint.com, goes deeper into the recent paper in Engineering in Life Sciences journal discussing the impact 3D bioprinting will have in th...
K. S. Rajgopal writes in thehindu.com about a new study that demonstrates how macroalgal biomass from Gelidiella acerosa and Gracilaria dura collected from Adri and Verav...
Sebastian Rich reports on PBS Newshour about the Central African Republic city of Bangui, which has been caught in the crossfire between warring Muslim and Christian grou...