Bio fuels article12 Oct 2019 09:36
According to a statement by Velocys, the Bayou Fuels project will take waste woody biomass and convert it into transportation fuels, such as diesel for trucks and sustainable aviation fuel, using the company’s Fischer-Tropsch process.
Integrating CCUS into the Bayou Fuels biorefinery boosts certain targeted revenue streams, such as those derived from the California Low Carbon Fuels Standard and US 45Q tax credits, to incentivise the installation of carbon capture equipment on industrial facilities. The company hopes its proposed CCUS solution can be replicated at other sites, including its UK project which recently submitted a planning application to build Europe’s first commercial scale waste-to-jet fuel facility.
“We want this facility, and others that will follow, to be as environmentally friendly as possible and offer attractive opportunities for partnerships with major energy companies,” said Velocys CEO Henrik Wareborn.
“We don’t just want to deal with waste materials and produce cleaner-burning fuels, we want the process that produces the clean fuels to be as sustainable as possible as well.
“That is why we will be capturing CO2 as a by-product from the gasification process at the Mississippi facility. This will make the facility a net negative emitter of carbon dioxide, which is highly desirable from both an environmental and an investment point of view.”
https://biofuels-news.com/news/velocys-announces-negative-emission-fuels-project-in-mississippi-us/