Queensland allocates A$1.5m for SAF
The Queensland government has committed A$1.5m to support the development of sustainable aviation fuel (SAF) in the state.
“I am proud to see us pioneering practical solutions that promise a cleaner, greener aviation future, while delivering significant economic benefits for Queenslanders,” said Grace Grace, Minister for State Development and Infrastructure. “Through IPP we supported Jet Zero Australia with $760,000 for a feasibility study, who have since leveraged that support to attract significant investment from partners like Qantas, Airbus Industries, and Japanese industrial giant Idemitsu Kosan. Jet Zero has now announced their intention to establish a SAF processing facility in the Townsville Region.”
The funding will be used to support two new SAF proposals and a multi-seed crushing and processing facility.
Energreen, an Australian grains processing company, will receive government support for its A$22m plant near Emerald. The facility will have a capacity of 70,000 tonnes per year and could potentially produce pongamia oil, a potential SAF feedstock, in the future.
Additionally, Wagner Sustainable Fuels and Liquid Power, both Australian companies, will each receive A$760,000 to conduct feasibility studies for their respective SAF projects.
Wagner is partnering with Boeing to develop a SAF blending facility near Toowoomba, while Liquid Power aims to develop sustainable fuels for various industries.
Earlier this month, Australian firm Oceania Biofuels scrapped its A$500m biofuels planned in Queensland, according to reports.
The company took down its website and withdrew the project from the government’s Environment Protection and Biodiversity Conservation (EPBC) process on July 12.
The project was launched in 2022 with a lot of fanfare with the Queensland government hailing it as a “great boost for the local community.”
There are multiple SAF projects under development across Australia. These include Northern Oils’ advanced biofuels plant at Yarwun in Queensland. In addition, Ampol and ENEOS are developing feasibility on an SAF plant in Brisbane.
Moreover, oil major BP has also announced biofuels refining capacity at Kwinana in Western Australia scheduled to begin SAF and biodiesel production from 2026.