The Australian Renewable Power Company (ARENA) is seeking to lower emissions in Australia’s skies, with as much as $14,1 million in funding for 2 initiatives from its Sustainable Aviation Fuels (SAF) Funding Initiative.

The Australian Renewable Power Company (ARENA) is seeking to lower emissions in Australia’s skies, with as much as $14,1 million in funding for 2 initiatives from its Sustainable Aviation Fuels (SAF) Funding Initiative.

The Australian Renewable Power Company (ARENA) is seeking to lower emissions in Australia’s skies, with as much as $14.1 million in funding for 2 initiatives from its Sustainable Aviation Fuels (SAF) Funding Initiative.

ARENA is offering $8 million in funding to Ampol and $6.1 million to GrainCorp for separate research to develop renewable gas options for Australia’s airline trade.

ARENA CEO Darren Miller mentioned these initiatives characterize an necessary step in direction of growing a pipeline of initiatives that would assist the discount of aviation sector emissions.

“Aviation is a persistently difficult trade from an emissions discount perspective,” Mr Miller mentioned.

“With Australians being among the many most prolific flyers on the earth, decarbonising this excessive emissions trade might be important for us to attain our web zero targets.

“These two initiatives are an necessary step in direction of growing alternatives to chop emissions from Australian skies and ARENA might be working to make sure the teachings from these initiatives assist inform the broader growth of a sustainable aviation fuels trade in Australia.”

The 2 initiatives embrace:

• $8 million to Ampol for the $30.2 million ‘Brisbane Renewable Fuels Pre-FEED Research’ which is able to examine growing a renewable fuels facility of higher than 450ML p.a for SAF and renewable diesel manufacturing on the firm’s Lytton refinery. 450ML of SAF could be equal to nearly 5% of 2019 (pre-COVID) fossil jet gas consumption. The funding will assist Ampol to undertake its Pre-FEED engineering for Ampol’s Brisbane Renewable Fuels facility.
• $6.1 million to GrainCorp for the $19.8 million ‘SAF Oilseed Crushing Facility Pre-Deployment Research’ to research the institution of an oilseed crushing facility that, in alignment with GrainCorp’s feasibility evaluation, could produce a minimal of 330kt p.a of canola oil as a feedstock enter for SAF manufacturing. This represents roughly 12% of the 6.13Mt of canola exported from Australia within the final yr to 30 September. The funding will happen over two phases, first for pre-FEED engineering after which, topic to overview, FEED engineering.

Ampol and GrainCorp, together with IFM Buyers, not too long ago entered a Memorandum of Understanding to discover the institution of an built-in renewable fuels trade in Australia.

Managing Director and CEO of Ampol Matt Halliday mentioned,

This funding will additional Ampol’s investigations into establishing a home renewable fuels functionality, which may create advantages in vitality safety, assist regional growth and stimulate agriculture and manufacturing industries,

“The mix of Ampol’s current liquid fuels infrastructure and capabilities, the experience of our MOU companions IFM Buyers and GrainCorp together with ongoing Authorities assist, has the potential to create a nationwide renewable fuels ecosystem and unlock Australia’s aggressive benefit in infrastructure, technical experience and the supply of uncooked supplies.”

GrainCorp CEO Robert Spurway highlighted that the funding will assist ongoing efforts to increase the corporate’s main oilseed crush capability.

He mentioned,

GrainCorp is advancing plans to scale up our oilseed crush operations, recognising the essential position of feedstocks in a renewable fuels provide chain,

“Our feasibility work focuses on proximity to oilseed sources, gas refining capability, buyer demand, and export potential for canola meal.

In partnership with Ampol and IFM Buyers, we’re dedicated to supporting the institution of a home provide chain for SAF as an important step in direction of decarbonising Australia’s aviation sector.

Home aviation accounts for roughly 2 per cent of Australia’s greenhouse gasoline emissions and is seen as a tough to abate sector, with the majority of emissions from medium to lengthy haul flights. This emissions impression is even increased when contemplating Australia’s worldwide aviation emissions.

ARENA’s SAF Funding Initiative was launched in 2023 with $30 million to assist the event of a home SAF trade contemplating brief and medium time period options to emissions discount for Australia’s aviation trade. This brings ARENA’s whole funding to $23 million throughout three initiatives with extra investments to be introduced past the beforehand allotted $30 million.

The SAF funding initiative builds on the findings of ARENA’s 2021 Bioenergy Roadmap which discovered that sustainable aviation fuels produced from renewable biomass may present as much as 19 per cent of Australia’s aviation gas necessities by 2030.

READ the newest information shaping the biofuels market at Biofuels Central

The Australian Renewable Power Company (ARENA) is seeking to lower emissions in Australia’s skies, with as much as $14,1 million in funding for 2 initiatives from its Sustainable Aviation Fuels (SAF) Funding Initiative., supply