Renewable.bio

Based: Perth, WA
Industry: Energy

renewable.bio

 

Renewable Bio works with nature to produce bioenergy, sequester carbon and restore landscapes. Through sustainable fuels (creating biodiesel and sustainable aviation fuel by treating waste straw and wood into ethanol) and through large scale carbon sequestration, Renewable Bio works in a sustainable environmental cycle.

Renewable.bio is natural climate solutions company that works with nature to produce bioenergy, sequester carbon and restore landscapes in sustainable long-term cycles. It finds the common ground between energy, mining and resources, and companies to promote sustainable resources and commodities for the future.

The company addresses two main areas, that work in a cycle:

  • Producing sustainable fuels, including biodiesel and sustainable aviation fuel

  • Large scale carbon sequestration

The sustainable fuels come from treating waste straw and wood into ethanol through a process Renewable.bio has licenced for use in Australia.

Carbon sequestration is achieved through converting atmospheric carbon into permanently stored soil organic carbon and biochar.

Subject to final approvals, Renewable.bio will build and operate a ground-breaking 50,000 ton per annum sustainable fuels production facility and sequester 500,000 ton per annum of carbon in Western Australia by 2025 using proven technologies that provide a low-risk pathway to produce sustainable biofuels.

The facility, which will utilise renewable residue feedstocks, will produce three types of sustainable fuels:

  • ethanol

  • sustainable aviation fuel (SAF)

  • renewable diesel.

It will also produce valuable by-products such as lignin and biogas.

The company has selected an international engineering, procurement and construction (EPC) contractor to carry out a front-end engineering design (FEED) stage in preparation for financial investment decision (FID) end 2022.

If approved, this facility, the first of four across Australia will be located at a strategic industrial area in Collie, Western Australia, close to feedstock sources in the south west of the State. It will employ 120 direct permanent personnel, 300 support service personnel, and up to 1000 people during construction.

With a 25-year operating life, the facility will provide long-term employment and support to Western Australian regional communities, a valuable source of state revenue and a platform for the development of Western Australia’s bioeconomy.

Locally produced sustainable fuels will add resilience and security to Western Australia’s liquid fuels industry as an additive to petrol, a replacement for aviation fuel and a platform to replace fossil- based carbon materials such as plastics and polymers.

The facility will provide a solid platform to build and enhance WA’s bioeconomy future along with the development of a sustainable future for the agriculture and forestry sectors.