July 8, 2013
BY Ron Kotrba
Algae.Tec has struck a deal with Biodiesel Industries Australia to refine algal oil from its carbon capture and biofuels production facility, to be co-located with a 2,640 mW coal-fired power station near Sydney, an arrangement just announced last week.
The oil, to be produced from the Algae.Tec facility planned for next year at Macquarie Generation's Bayswater coal-fired power station in the Hunter Valley NSW, will be refined by BIA and used by mining and industry in the Hunter region.
“We have long considered algae to be the Holy Grail for biofuels, so we are pleased to see this new algae-to-biofuels development happening just up the road at MacGen,” said BIA Managing Director Andrew Hill. “BIA is playing a key role to accelerate the transition to biofuels in the region.”
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BIA was established in 2003 and was Australia's first commercial biodiesel refinery. The plant is currently processing up to 4.5 MMgy.
“This 50 million liter (13.2 MMg) Algae.Tec deal would put us on a world-scale for biofuels refining,” Hill added.
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The U.S. EPA on May 14 delivered two RFS rulemakings to the White House OMB, beginning the interagency review process. One rule focuses on RFS RVOs and the other focuses on a partial waiver of the 2024 cellulosic RVO.
The U.S. EPA on May 15 released data showing nearly 1.79 billion RINs were generated under the RFS in April, down from 2.09 million generated during the same month of last year. Total RIN generation for the first four months of 2025 was 7.12 billion.
Calumet Inc. on May 9 announced sustainable aviation fuel (SAF) capacity at its Montana Renewables biorefinery is expected to reach 120 MMgy to 150 MMgy sooner than previously reported for a fraction of the originally expected cost.
Tidewater Renewables on May 8 announced that its 3,000-barrel-per-day renewable diesel plant in Prince George, British Columbia, operated at 75% capacity during the first quarter, up from 71% during the same period of last year.
Aemetis Inc. released Q1 results on May 8, reporting increased biogas production, progress with efficiency improvements at the Keyes ethanol plant, and resumed biodiesel deliveries. Financing activities are also underway for a proposed SAF project.