Commercial production of biofuel a step closer March 7, 2013 An algae plant in the Pilbara An algae biofuel demonstration plant will be built by Muradel Pty Ltd, a joint venture by Murdoch University, Adelaide Research and Innovation and commercial partner SQC Pty Ltd, after the Federal Government announced $4.4 million of funding. The $10.7 million plant will be built in the industrial city of Whyalla in South Australia and will test the commercial viability of providing fuels for the aviation sector and diesel users. If the project proves the technology’s commercial viability, Muradel will be in a position to build Australia’s first commercial algae-to-biofuels plant that will offer regional employment opportunities and increase Australia’s fuel security. Muradel, which was established in 2010, already has a two acre pilot plant in Karratha, WA. The Federal Government funding comes through its Australian Renewable Energy Agency’s (ARENA) Advanced Biofuels Investment Readiness Program. In announcing the funding, the Minister for Resources and Energy, the Hon. Martin Ferguson AM MP said: “Australia has a chance to capitalise on a number of competitive advantages, such as our abundant sunshine and climate, to build an advanced biofuels industry that will help diversify our liquid fuel resources and reduce greenhouse gas emissions.” The minister added that ARENA was making its investment after seeing Muradel prove the potential of its advanced biofuel technology. The project is expected to be completed by the end of 2014. Print This Post Media contact: Jo Manning Tel: (08) 9360 2474 | Mobile: 0408 201 309 | Email: email@example.com Categories: General, Research, Animal and plant studies, environment and bioinformatics Tags: adelaide research and innovation, algae biofuel, arena, australian renewable energy agency, federal government, martin ferguson, minister for resources and energy, muradel, sqc, whyalla Leave a comment Name (required) Mail (will not be published) (required) Website You can use these tags : <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong> We read every comment and will make every effort to approve each new comment within one working day. To ensure speedy posting, please keep your comments relevant to the topic of discussion, free of inappropriate language and in-line with the editorial integrity of this newsroom. If not, your comments may not be published. Thanks for commenting!