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Algae-Powered Power Plant in Australia – Coming Soon

July 6th, 2013 | No Comments | Posted in Algae, Algae-CO2-Capture

One of Australia’s largest coal-fired power stations,Macquarie Generation, a power company owned by the New South Wales (NSW),  is set to be fitted with an algae carbon capture and biofuels production facility to reduce its carbon footprint.

The system will feed waste carbon dioxide into an enclosed algae growth system, where the algae consume the waste, and the resulting algal oil is converted to biodiesel and grade A jet fuel.

This deal is an innovative means of capturing and reusing carbon emissions and providing the Hunter region with a locally produced green fuel source. 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. The price of carbon in Australia rose to A$24.15 (US$22.27) a tonne on Monday, following an indexed rise in the federal government’s carbon tax.

Bayswater currently uses about 7.5 million tonnes of coal every year to supply power to eastern Australia, including a large percentage of Australia’s population from South Australia to Northern Queensland.

Algae.Tec Executive Chairman Roger Stroud said algae biofuels can offer Australia and the world a new level of fuel security beyond petroleum.

Source: http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=960315

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