23/08/2013 - Industry insights
Z has become a partner in a project to investigate producing biofuels from forestry waste. The project, known as “Stump to Pump”, will investigate the viability of turning waste wood into a ‘green crude’ or bio-blend stock. Over the long-term there is potential for wood waste biofuel plants to generate up to 10 per cent of New Zealand’s total fuel.
The Ministry for Primary Industries announced funding under the Primary Growth Partnership fund of $6.75 million for Z and Norske Skog to proceed to the next step in this process – detailed engineering and design of how a pilot wood waste to biofuel plant would look and a refinement of the economics behind it. The total investment for this will be $13.5 million, including contributions from Z and Norske Skog along with the Government funding.
Moving through this phase will put Norske Skog and Z in a strong position to make decisions around how best to advance this exciting and innovative piece of work. The collaborative way in which this project has been framed with our partner Norske Skog, and the Ministry for Primary Industries demonstrates that exploring sustainable energy solutions for New Zealand will require an “NZ Inc.” approach.
For more information on the forestry biofuel programme click the link below:
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