Z is nearly ready to pull the trigger on the country’s first large-scale biofuel plant.
The $26m plant will pump out 20 million litres of B100 biodiesel, starting in June.
Bioenergy Association boss Brian Cox says the plant will allow diesel driver to use a more sustainable fuel.
“Z’s biodiesel plant is the first commercial-scale biodiesel plant in New Zealand,” says Cox.
“It will produce high quality biodiesel and we would now like to see consistency of policy settings such that all renewable transport fuels – be that ethanol, biodiesel or electricity – are treated equally in order to deliver the biggest benefits for New Zealand,” he said
“In the current low oil price environment the economics of biofuels are challenging and New Zealand continues to lag well behind the rest of the world in terms of biofuel production and use.
“At the same time New Zealand has signed up to meaningful reductions in climate changing emissions and, with transport fuels making up approximately 17 per cent of New Zealand’s total greenhouse gas emissions, biofuels have the capacity to deliver meaningful and relatively swift reductions in New Zealand’s transport emissions.”
