{"id":1171,"date":"2009-08-17T04:08:00","date_gmt":"2009-08-17T04:08:00","guid":{"rendered":"http:\/\/oilgae.com\/blog\/?p=1171"},"modified":"2009-08-17T04:08:00","modified_gmt":"2009-08-17T04:08:00","slug":"mbd-energy-plans-to-expand-its-facility","status":"publish","type":"post","link":"http:\/\/www.oilgae.com\/blog\/2009\/08\/mbd-energy-plans-to-expand-its-facility.html","title":{"rendered":"MBD Energy Plans to Expand its Facility"},"content":{"rendered":"

You are at: Oilgae Blog<\/a><\/b>.<\/p>\n

Managing director Andrew Lawson says testing at James Cook University in Townsville suggests for every two tonnes of carbon captured, the MBD technology can produce almost 1 tonne of algae, of which one-third can be made into oil products and two-thirds into meal. With meal sales about $400\/tonne (rival soymeal product sells at about $780\/tonne) and oil selling at $800\/tonne, that equates to about $570 of revenue from each tonne of algae, or more than $250 for each tonne of CO2 captured.<\/p>\n

The first 1ha display plant of its “fuel synthesiser” is to be installed at the Loy Yang A coal-fired power station in the next six months. If the concept is proved over six to 12 months, MBD will move ahead to build a commercial pilot plant over 80ha.\u00a0<\/p>\n

That will require a $25 million investment, but Lawson estimates it will produce earnings before interest, taxes, depreciation and amortisation of $15 million. If that project succeeds, the facility can quickly be scaled up to a $300m demonstration facility.\u00a0<\/p>\n

Australia’s largest power station, NSW’s Eraring Energy, and a large-scale emitter in Queensland have signed agreements with MBD to instal display plants over the next 12 months.<\/p>\n

See more<\/a><\/p>\n

By the way, have you subscribed to the Oilgae Blog?<\/a>; How about joining the Oilgae mailing list?<\/a>; and our forum to discuss on with others<\/a>?<\/p>\n","protected":false},"excerpt":{"rendered":"

You are at: Oilgae Blog. Managing director Andrew Lawson says testing at James Cook University in Townsville suggests for every two tonnes of carbon captured, the MBD technology can produce almost 1 tonne of algae, of which one-third can be made into oil products and two-thirds into meal. With meal sales about $400\/tonne (rival soymeal […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,6],"tags":[],"class_list":["post-1171","post","type-post","status-publish","format-standard","hentry","category-algae-energy-companies","category-algae-energy-investments"],"_links":{"self":[{"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/posts\/1171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/comments?post=1171"}],"version-history":[{"count":0,"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/posts\/1171\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/media?parent=1171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/categories?post=1171"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/tags?post=1171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}