CO2 Group’s New Zealand partner, CO2 New Zealand – in which CO2 Group is a 45 per cent stakeholder – has secured a new $10 million carbon offset project for an Iwi Maori community on the NZ's North Island. The project, announced on Tuesday, will be undertaken in partnership with the Iwi and other local authorities, and aims to bring additional benefits like carbon based afforestation, erosion control and waterway management. CO2 New Zealand is currently mapping of more than 220,000 hectares which will realise close to 5.7 million NZUs for clients, and makes CO2 New Zealand the largest land applicant to the NZ government for pre-1990 forest allocations on behalf of its clients. "This is a significant project for CO2 Group and further strengthens our New Zealand business," said CO2 Group's CEO Andrew Grant. "It also diversifies our revenue streams and client base, and it is in line with our strategy of partnering with leading blue chip organisations, municipalities and government bodies.”
Grant also used the occasion of the NZ announcement to applaud the passing, on the same day, of the Gillard government’s Clean Energy legislation, and to welcome what he described as the legislative certainty and new market opportunities it would create for the industry. “[This] is a milestone occasion for the carbon offset industry, with CO2 Group well positioned to take full advantage of the opportunities that the legislation provides,” said Grant. “Essentially [it] means that the country’s biggest greenhouse gas emitters will need to consider how they reduce their carbon liability, with CO2 Group a market leader in assisting such companies lower their cost of carbon.”
Biomass boost
Aquaflow Bionomic Corporation is teaming up with Energy Parks Australia to develop infrastructure for the production of next generation biofuels, with a first site selected on Queensland’s Sunshine Coast and others being researched for suitability. The plan is to start with demonstration plants and then scale up to 2000 tonne per day plants over the next few years. Next generation biofuels can be made from a variety of biomass sources, like wild micro algae, wood waste, bagasse and other green municipal waste, and converted into biofuels including bio-petrol, biodiesel and jet fuel.
Aquaflow, which has a collaborative agreement with CRI Catalyst to use IH2 thermal conversion of algae and other biomass to drop-in fuels, points to its “multi biomass approach” as giving it the flexibility to develop a feedstock mix specific to available resources worldwide. “We believe this is a significant advantage for algal biofuels over lipid oil extraction approaches to diesel and jet fuel,” said Aquaflow chair Barrie Leay. “Our partnerships have included Boeing, Honeywell/UOP, CRI Catalyst company and other international companies, and we have worked with the US Departments of Energy and Department of Defence as funding agencies.”
LanzaTech milestone
New Zealand-based bio-commodities outfit LanzaTech signed its first commercial customer on Monday, an achievement the fledgling company is describing as a milestone in its global development. The customer is India’s Concord Enviro Systems, a Mumbai-based group with broad ranging renewable energy interests – the majority in municipal solid waste (MSW) to energy – and which, via a German-Indian group called Concord Blue, provides advanced gasification technology for syngas generation from a wide variety of waste streams. LanzaTech chief Dr Jennifer Holmgren says LanzaTech has licensed its technology to CES to enable the production of both power and fuels from MSW syngas. “This collaboration will enable us to accelerate deployment of our technology utilising waste synthesis gas streams and is central to our mission of harnessing waste streams for the production of valuable fuels and chemicals and increasing access to energy globally,” Dr Holmgren said. “Coupling our technology with CES’ is an effective way to deploy small, distributed systems for producing liquid transport fuels from waste biomass or MSW.
Holmgren said the agreement was significant for LanzaTech because it represented the company’s first technology sale in a key strategic market and critical waste segment. “It is estimated that global generation of MSW has risen 37% since 2007,” she said. “With developing countries spending a significant portion of their available budget on solid waste management, using this waste as an energy source and deploying distributed MSW systems means we could have a real material impact on energy democratisation.”
CO2 Group’s New Zealand partner, CO2 New Zealand – in which CO2 Group is a 45 per cent stakeholder – has secured a new $10 million carbon offset project for an Iwi Maori community on the NZ's North Island. The project, announced on Tuesday, will be undertaken in partnership with the Iwi and other local authorities, and aims to bring additional benefits like carbon based afforestation, erosion control and waterway management. CO2 New Zealand is currently mapping of more than 220,000 hectares which will realise close to 5.7 million NZUs for clients, and makes CO2 New Zealand the largest land applicant to the NZ government for pre-1990 forest allocations on behalf of its clients. "This is a significant project for CO2 Group and further strengthens our New Zealand business," said CO2 Group's CEO Andrew Grant. "It also diversifies our revenue streams and client base, and it is in line with our strategy of partnering with leading blue chip organisations, municipalities and government bodies.”
Grant also used the occasion of the NZ announcement to applaud the passing, on the same day, of the Gillard government’s Clean Energy legislation, and to welcome what he described as the legislative certainty and new market opportunities it would create for the industry. “[This] is a milestone occasion for the carbon offset industry, with CO2 Group well positioned to take full advantage of the opportunities that the legislation provides,” said Grant. “Essentially [it] means that the country’s biggest greenhouse gas emitters will need to consider how they reduce their carbon liability, with CO2 Group a market leader in assisting such companies lower their cost of carbon.”
Biomass boost
Aquaflow Bionomic Corporation is teaming up with Energy Parks Australia to develop infrastructure for the production of next generation biofuels, with a first site selected on Queensland’s Sunshine Coast and others being researched for suitability. The plan is to start with demonstration plants and then scale up to 2000 tonne per day plants over the next few years. Next generation biofuels can be made from a variety of biomass sources, like wild micro algae, wood waste, bagasse and other green municipal waste, and converted into biofuels including bio-petrol, biodiesel and jet fuel.
Aquaflow, which has a collaborative agreement with CRI Catalyst to use IH2 thermal conversion of algae and other biomass to drop-in fuels, points to its “multi biomass approach” as giving it the flexibility to develop a feedstock mix specific to available resources worldwide. “We believe this is a significant advantage for algal biofuels over lipid oil extraction approaches to diesel and jet fuel,” said Aquaflow chair Barrie Leay. “Our partnerships have included Boeing, Honeywell/UOP, CRI Catalyst company and other international companies, and we have worked with the US Departments of Energy and Department of Defence as funding agencies.”
LanzaTech milestone
New Zealand-based bio-commodities outfit LanzaTech signed its first commercial customer on Monday, an achievement the fledgling company is describing as a milestone in its global development. The customer is India’s Concord Enviro Systems, a Mumbai-based group with broad ranging renewable energy interests – the majority in municipal solid waste (MSW) to energy – and which, via a German-Indian group called Concord Blue, provides advanced gasification technology for syngas generation from a wide variety of waste streams. LanzaTech chief Dr Jennifer Holmgren says LanzaTech has licensed its technology to CES to enable the production of both power and fuels from MSW syngas. “This collaboration will enable us to accelerate deployment of our technology utilising waste synthesis gas streams and is central to our mission of harnessing waste streams for the production of valuable fuels and chemicals and increasing access to energy globally,” Dr Holmgren said. “Coupling our technology with CES’ is an effective way to deploy small, distributed systems for producing liquid transport fuels from waste biomass or MSW.
Holmgren said the agreement was significant for LanzaTech because it represented the company’s first technology sale in a key strategic market and critical waste segment. “It is estimated that global generation of MSW has risen 37% since 2007,” she said. “With developing countries spending a significant portion of their available budget on solid waste management, using this waste as an energy source and deploying distributed MSW systems means we could have a real material impact on energy democratisation.”