Norwegian Bio-refining specialist, ENEnergy, has announced that it has identified an ideal Australian location for an ethanol bio-refinery which could be producing the equivalent of 7500 barrels of fuel per day within 4 years.
The site, located in Western Australia’s West Canning Basin, is just one of many massive areas of land across Australia’s northern regions that ENEnergy has identified as well-suited for large-scale bio-refining projects that can turn low value crops into valuable fuel and livestock feed.
If all of these areas were ramped into full production for bio-refining, it could generate exports or import replacements worth $AU410 billion per year to become Australia’s largest industry.
It could also make Australia’s entire coal-fired energy sector carbon-neutral and make the country the first carbon negative economy in the world.
ENEnergy is currently in discussions with potential investors to secure funding to complete the pre-construction and finance feasibility phase for the West Canning project prior to seeking full-development financing.
[Read more…] about Australia to Become ‘Saudi Arabia’ of Biorefining: Media Release
Jennifer Marohasy BSc PhD has worked in industry and government. She is currently researching a novel technique for long-range weather forecasting funded by the B. Macfie Family Foundation.