11/11/2021 | Press release | Distributed by Public on 11/11/2021 02:47
Today, Advanced Biofuel Solutions Ltd ('ABSL'), a developer and producer of advanced biofuels, and Greenergy, a leading manufacturer and supplier of waste-based biofuels, announce the signing of a Joint Development Agreement to develop, construct and operate up to five municipal waste-based biofuel plants in the UK.
Design work for the first plant to be situated at Ellesmere Port near Liverpool is underway and commercial production is due to commence in 2025. Subsequent plants are planned over the following years.
Using ABSL's proven and patented RadGas technology, the first plant will convert annually 133,000 tonnes of municipal waste into biomethane for gas vehicles or biohydrogen for hydrogen vehicles.
Together, the five plants would replace millions of litres of fossil petrol and diesel used in transport fuels, saving 800,000 tonnes of carbon dioxide per year, with the output of the plants equivalent to powering 5,000 HGVs.
The fuels will qualify as development fuels under the UK's Renewable Transport Fuel Obligation.
Nathan Burkey, Executive Chairman of ABSL, said:
"Today's announcement enables ABSL to accelerate significantly the speed and scale of the deployment of our RadGas technology. The partnership brings together cutting-edge technology with the experience of large-scale fuel production and distribution to produce low carbon fuels for transport critical to achieving Net Zero."
Christian Flach, Greenergy CEO added,
"We are continuing to progress innovative waste-based fuel projects that divert waste from landfill or incineration and create low carbon fuels for the transport sector at scale. This agreement is a further expansion of our leading renewables business and will enable us to continue to support our customers through the energy transition."