The CSIRO has announced a new initiative to boost development of new biofuel technologies for the production of alternative fuels in the future.
The $8.3 million Energy Transformed Cluster on Biofuels has been set up with the aim of developing new processes using enzyme biotechnology techniques to produce liquid fuels from waste plant feedstocks.
The CSIRO says the program has the potential to provide 30% of Australia’s future transport fuel needs.
“Second generation biofuels that are produced from agricultural waste could potentially be a cost competitive, low carbon fuel that will keep our cars on the road and planes in the sky,” said Project Director, Doctor Alex Wonhas. “As oil supplies decline and petrol prices soar, alternatives such as biofuels could become economically very attractive.
“The cluster on biofuels brings together a unique group of leading Australian and international scientists to develop new and competitive solutions for sustainable biofuel production which should position domestic companies for global success.”