Gevo secures funding for waste to biofuel project in Australia

Renewable fuels producer Gevo has secured funding under the Queensland Waste to Biofuels (W2B) Fund to support the development of waste to biofutures projects in the Australian state of Queensland.

The fund provides targeted funding for pilot, demonstration or commercially scalable biorefinery projects in Queensland that use conventional waste streams or biomass to produce bioenergy, biofuels and bioproducts.

“We are thrilled to be awarded funding from W2B, which will allow us to further our assessment of a contemplated second generation (2G) feedstock to biofuel project in Queensland,” commented Patrick Gruber, CEO of Gevo. “Queensland is rich in renewable biomass resources and has expressed the desire to invest in the future of biofuels.

“This opportunity opens the door for the development of a project that not only supplies low carbon gasoline to Queensland, but also the possibility to supply commercial quantities of 2G sustainable aviation fuel (SAF) to the Brisbane Airport, expanding upon our demonstrations of SAF supply to commercial airlines like those conducted with Virgin Australia over the last several months.”

The company supplied renewable fuel used in Virgin Australia’s trial of SAF at Brisbane Airport, which was completed in June 2019.

Commenting on the award, Cameron Dick, Minister for State Development said: “The Queensland Government was excited to be supporting Gevo’s research collaboration with the Queensland University of Technology to turn Queensland sugarcane waste and wood waste into SAF. Gevo has recognised that Queensland is the place to be when it comes to the future of biofuels and we look forward to an ongoing partnership which has the potential to bring even more business to Queensland, as demand for biofuels grows.

“In addition to offering environmental benefits by reducing the carbon footprint of plane travel, this project will also help position Queensland as a world-leading location for investment in the manufacture and distribution of this fuel in the global bioproducts and services market.

“Gevo’s participation in the successful sustainable aviation fuel trial at the Brisbane Airport led to Queensland being considered as the location for the company’s first biorefinery outside of the US. Having the ability to turn our agriculture waste into sustainable fuel means more jobs in agriculture and biofutures across our regions.”

As part of this project, Gevo will evaluate the most likely second generation biomass to carbohydrate conversion process to use in conjunction with its proven carbohydrate to low carbon biofuel process.

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