Advanced Biofuels Investment Readiness Program

/, New Grant/Advanced Biofuels Investment Readiness Program

Advanced Biofuels Investment Readiness Program

$15M is available for pre-commercial demonstration projects for the production of high energy, drop-in advanced biofuels.

About

The Advanced Biofuels Investment Readiness Program is a competitive one-stage, merit-based program that will offer grant funding to selected projects undertaking activities that build the investment case for significant and scalable pre-commercial demonstration projects for the production of high energy, drop-in advanced biofuels in Australia.

Projects under the Advanced Biofuels Investment Readiness Program may include, but are not limited to, pre-feasibility, feasibility and front-end engineering design studies or extensions to the operational demonstration of pilot-scale facilities with a clear pathway to commercialisation.

The $15 million Advanced Biofuels Investment Readiness Program is funded by the Australian Government and administered by the Department of Resources, Energy and Tourism until 1 July 2012, when responsibility for the program will transfer to the Australian Renewable Energy Agency (ARENA).

Background

The Australian Government committed $20 million to establish a new Australian Biofuels Research Institute to undertake research into next generation advanced biofuels in Australia.

An Advisory Council was appointed to advise on how the Advanced Biofuels Investment Readiness Program funding could most effectively be allocated to progress the development of advanced biofuels. Based on advice from the Advisory Council, $5 million has been allocated as a foundation grant for an algal biofuels project at James Cook University at Townsville, Queensland. The Advisory Council further advised that the balance of $15 million could most effectively be allocated through a grant based program awarded on a competitive basis, named the Advanced Biofuels Investment Readiness Program .

The Advanced Biofuels Investment Readiness Program supports the development of advanced biofuels technologies by seeking to progress the deployment of pre-commercial demonstration projects for the production of high energy, drop-in advanced biofuels in Australia.

The Advanced Biofuels Investment Readiness Program will be administered by the Department of Resources, Energy and Tourism (Department) until 1 July 2012 when responsibility for the Program will transfer to the Australian Renewable Energy Agency (ARENA).

Funding for the Advanced Biofuels Investment Readiness Program is available from the 2012-13 financial year.  Projects should be completed by 30 June 2015.

Program objective

 The objective of the Advanced Biofuels Investment Readiness Program is to progress the commercialisation of advanced biofuels by building the investment case for significant and scalable pre-commercial demonstration projects for the production of high energy, drop-in advanced biofuels in Australia.

The Advanced Biofuels Investment Readiness Program will therefore provide support, on a competitive basis, to projects undertaking activities that meet the Program objective.  These activities may include, but are not limited to, pre-feasibility, feasibility and front-end engineering design (FEED) studies or extensions to the operational demonstration of pilot-scale facilities with a clear pathway to commercialisation.

What are advanced biofuels?

For the purposes of the Advanced Biofuels Investment Readiness Program, advanced biofuels are defined as high energy, drop-in liquid fuels derived from sustainable sources of organic matter that do not typically compete with food or feed production (e.g. wood residues, non-edible oilseeds and algae).

Pre-commercial demonstration projects

Pre-commercial demonstration projects are those that demonstrate that the advanced biofuels technology can be produced and marketed in a commercially viable way.

These projects may include, but are not limited to:

  1. pre-feasibility studies
  2. feasibility or front-end engineering design (FEED) studies to translate a pre‑production process into a commercially viable configuration
  3. trial production runs and tooling-up costs
  4. trials and demonstrations
  5. pilot plants.

Timeline

The call for applications under the Advanced Biofuels Investment Readiness Program closes at 5:00pm, 30 April 2012 AEST. 

Expert Assistance

We have successfully assisted multiple clients with 1st and 2nd generation biofuel R&D projects as well as capital infrastructure for end stage projects. Contact us on 03 9005 6789 or email to see how we can assist with your Advanced Biofuels Investment Readiness Program application.

More Information

  • Advanced Biofuels Investment Readiness Program—Administrative Guidelines
    [PDF 165KB] |  [DOC 212KB]
  • Attachment A—Advanced Biofuels Investment Readiness Program—Eligible Expenditure Guidelines [PDF 94KB] |  [DOC 116KB]
  • Attachment B—Advanced Biofuels Investment Readiness Program—Information Guide [PDF 157KB] |  [DOC 207KB]
  • Attachment C—Advanced Biofuels Investment Readiness Program—Application Form [DOC 468KB]
  • Draft Advanced Biofuels Investment Readiness Program—Funding Agreement [PDF 981KB] |  [DOC 568KB]
By | 2017-02-09T17:13:22+00:00 March 6th, 2012|All, New Grant|Comments Off on Advanced Biofuels Investment Readiness Program

Share This Story, Choose Your Platform!

About the Author: