MEDIA RELEASES

LATEST MEDIA RELEASES

Latest Media Releases

 

 

 

6 July 2021

Media Release: for immediate release, 6 July 2021

Carbon negative renewable fuels joint venture announced

Australia’s first bio-refinery to produce renewable diesel is one step closer, thanks to a joint venture between Frontier Impact Group and Carnarvon Petroleum Ltd.

The joint venture plans to use internationally proven technology to process waste biomass and produce renewable diesel, high-quality biochar and wood vinegar using a sustainable process that is carbon negative.

The bio-refinery aims to produce 18 million litres of renewable diesel per annum, with production set to commence late 2022.

The project will create 150 direct and Indirect jobs in the Collie region of Western Australia and reduce carbon emissions by almost 50,000 tonnes per annum.

Much of the high-quality biochar could be processed further into high-quality graphene, with potential next-generation applications such as electronics, batteries and material composites.

“Frontier Impact Group is very pleased to be partnering with Carnarvon in this nation-leading project,” said Jennifer Lauber Patterson, Managing Director of Frontier Impact Group.

“Carnarvon shares our vision to deliver real alternatives to fossil fuels and are taking investment opportunities to transition to net zero.”

Each party will own 50 per cent equity in the joint venture, with Carnarvon set to invest AU$2.6 million in seed capital to enable the first project to reach financial close, expected to be early 2022.

Ms Lauber Patterson acknowledged the support of the Western Australian state government.

“Regional Development Minister Alannah MacTiernan has been very supportive of our project through the Collie Futures Small Grant Program that provided $100,000 towards a feasibility study in 2020 that has led to this very exciting announcement,” Ms Lauber Patterson said.

ENDS

About Frontier Impact Group

Frontier Impact Group is a climate solutions advisory and investment firm, deploying specialist expertise at scale to drive financially viable, planet friendly solutions and accelerate the global race to net zero. 

Frontier Impact Group works directly and strategically with future-focused businesses on high impact projects across the globe to deliver exceptional environmental and commercial outcomes.  Frontier Impact Group’s key activities focus on the clean energy transition, waste and water management, and carbon project development focused on land protection and regeneration activities.

As pioneers in climate solutions, they use their cutting-edge technology, unique insights, and sophisticated financial models to provide comprehensive climate solutions advisory and project development capability to support the businesses of the future as they shape their climate strategy, business models and financing in the global race to net zero.

About Carnarvon Petroleum

Carnarvon Petroleum Ltd is an ASX-listed oil and gas exploration company that prides itself on thought innovation.

Through creative partnerships and bold investment in the latest data and technology, Carnarvon Petroleum is creating opportunities that many thought not possible.

14 May 2020

Media Release: for immediate release, 14 May 2020


Report Released: Recommendations for Mobilising Community Energy Projects

Melbourne, Victoria, Australia — Frontier Impact Group (FIG) led the development of the Community Renewable Energy Financing Toolkit which was supported by a series of workshops in fifteen towns and cities across Australia. Workshop participants were provided with advice, mentoring and direct experience, through the use of localised case studies, to refine their own project plans and build capacity in project implementation. As a result, FIG assisted with over 100 feasibilities, many of which have been installed or are progressing, trained 300 people including council members, community energy developers, solar developers and financiers throughout the country, resulting in 320kW of community energy projects being implemented.

Following these trainings and feasability assessments, Frontier Impact Group conducted a community survey of financiers, equity providers and community project developers and found that smaller community projects (between 1 MW to 10 MW) were the most difficult to fund and that a new financial model needed to be established. This report looks at the gaps in funding and proposes solutions.

 

The key solutions that will provide the capacity to aggregate the smaller scale market are listed below:

  1. Ongoing support for maintenance of the toolkit, as well as new guidebooks and financial templates for other technology types.

  2. A due diligence service comprised of an independent accreditation model. This would particularly help the projects that are in the 1 MW – 10 MW range. FIG could be appointed by an external organisation such as a council, state government, university, investor to undertake an accreditation of the project which will reduce the risk of non-delivery of the project. Where there are gaps found in the accreditation, FIG can provide solutions to address these gaps.

  3. Develop a specialist fund – such a fund would include impact investors, financiers and retailer customers interested in participating and will streamline the investment process for community energy groups. The fund could have access to government funds, and through a mix of government and private sector funding, could achieve more positive investment outcomes than either sector could achieve individually. The key for government involvement is to take the highest risk capital to enable private sector funds to flow into the sector. Funds contributed by the government could be a loan rather than a grant and support an extensive pipeline of renewable energy projects for investment.

  4. Centralised community energy information hub and delivery groups. FIG’s accreditation model and fund would support these groups as part of a capacity building model.

Download a copy of the report here: 

 

 

 

 

 

 

 

 

26 April 2020

Media Release: for immediate release, 26 April 2020

 

Exciting Sustainable Diesel Partnership between Frontier Impact Group, REEP Development and WA Government’s Collie Futures Fund

 

  • New renewable energy project, allocated funding from WA’s $20 million Collie Futures Fund, designed to stimulate development and diversify Collie’s economy

  • Project could employ dozens of local workers

  • Important step towards creating an Australian source of high quality renewable diesel fuel for immediate use, improving Australia’s fuel security

  • Project seeks expressions of interest for local sources of wood waste and agricultural plant residues (biomass) to convert to a renewable diesel fuel

An Australian-US joint venture has chosen Collie as its preferred site for a new facility that uses unique high-temperature technology to produce renewable diesel fuel from biomass. Australian environmental technology company Frontier Impact Group has teamed up with the US-based REEP Development to expand the use of the pyrolysis technology into the Asia Pacific region.

WA Regional Development Minister Alannah MacTiernan and Collie-Preston MLA Mick Murray today announced $100,000 in funding from the Collie Futures Small Grants Program for a feasibility study to assess the viability of the estimated $100 M project. If it goes ahead, the project will create 48 plant jobs, 30 construction jobs and 120 indirect jobs.

The high-temperature pyrolysis technology involves converting biomass to produce syngas, which can then be used to produce diesel fuel suitable for use in existing diesel vehicles. Unlike other biofuels, the high-quality diesel produced by this project is a like-for-like petroleum based diesel replacement and is able to be immediately used in vehicles without any modifications to the vehicle fuel systems.

The technology is already operating in a commercial plant that has been successfully operating for three years, with the capacity to produce up to 27 million litres of renewable diesel fuel and 10,000 tonnes of biochar each year. Biochar is a high quality, high value, charcoal by-product of the syngas production which has extensive uses including in soil improvement, pollution remediation and in advanced construction materials.

The project is calling for expressions of interest from local sources of biomass to convert to fuel. Sources of biomass can include forestry waste, bushfire-affected land clearings, agricultural waste and by-products, municipal and industrial wood-based waste. Providers of suitable waste will be paid for this important project input, generating further benefits to the local economy.

The project is also evaluating the potential to utilise miscanthus plantations as a biomass source for this project, as miscanthus can be grown in areas where soil is not of a suitable quality for food production. 

Frontier Impact Group (FIG) is a Melbourne-based environmental sustainability company with a long history in successful commercial environmental projects that help transition communities and businesses towards a low carbon future. Jennifer Lauber Patterson and her team have decades of experience in environmental investment and renewable energy projects and bring a proven track record of commercial success to this project.

Quotes attributable to Jennifer Lauber Patterson, Managing Director, Frontier Impact Group

 “This project will explore options for WA to produce its own renewable, high-quality diesel fuel, suitable for immediate use in vehicles already on the road, without any modifications. This is an important step towards Australian fuel security, will help WA transition towards lower carbon outcomes and holds very strong potential for future growth.”

“Investment in this smart technology in Collie will create a pipeline of jobs in this important region. I hope this exciting partnership is just the beginning of the future development of smart and environmentally sustainable technologies and investments in Collie and WA." 

“I feel blessed and privileged that I have the ability to make a difference and know that I have done all I can do for our children and future generations to leave the planet in a better place.”

“Fuel security is an essential element of sustainable communities supporting a circular economy, helping local businesses and creating local employment. I applaud this forward-thinking investment from the WA Government.”

Quotes attributable to WA Regional Development Minister Alannah MacTiernan:

"Through the Collie Futures Fund, we are beginning to see some very exciting initiatives for boosting the local economy, including this unique proposal for producing renewable diesel fuel."

"Bringing sustainable technologies and investments such as this is a fantastic way to help Collie, and WA, transition to lower carbon outcomes through new industries."

"This project has the potential to create dozens of direct local jobs and provide economic growth for biomass feedstock suppliers in Collie and the wider South-West region."

Comments attributed to Collie-Preston MLA Mick Murray:

"Collie has a long history in the energy industry and projects like this show we have potential for a long future in the energy industry as well, including new green technologies."

"I am hopeful this feasibility study can demonstrate the project can deliver a successful business for the proponents and more jobs for Collie."

About the project

FIG is developing renewable fuel projects in Collie, WA and other parts of Australia utilising predominantly waste biomass. The projects also produces 10,000 tonnes of biochar with a high graphene content that provide significant further benefits to the community and economic growth. 

 

Benefits to Community

  • Increases WA’s and Australia’s fuel security, with a zero carbon product

  • Supports a circular economy reducing waste and creating value added outputs for the local community

  • Large economic benefits include direct employment of 48 plant jobs, 30 construction jobs and 120 indirect jobs in a high unemployment area

  • Provides the ability for large trucks / mining plant to use a zero carbon fuel without any vehicle modifications

  • Development of new industries created from the utilisation of the biochar, graphene and wood vinegar that are produced as by-products of the renewable diesel process

  • Ability to utilise waste biomass that would otherwise be left to decompose or be buried such as wood and other plant material sourced from bush fire residues, forestry waste, municipal council waste, agricultural and industrial waste. Use of these otherwise wasted resources will benefit the local economy, as appropriate providers of biomass would be paid for their product.

  • Potential for community investment in the project

Renewable Diesel, Biochar/Graphene and Wood Vinegar

FIG’s Renewable Diesel projects will use proprietary high temperature pyrolysis technology to convert biomass feedstock into Renewable Diesel and other value-added outputs including biochar and wood vinegar. The biochar produced can have 75% - 90% graphene content (depending on the feedstock).

The demand for high graphene content biochar is significant. The demand is evidenced by a letter of intent to purchase significant quantities of high graphene biochar from a major participant in the US and international graphene based material markets.

Renewable Diesel is diesel produced from renewable biomass-based feedstock and, unlike biodiesel, it has properties consistent with petroleum oil derived diesel fuel. The technology identified by FIG produces diesel that has been certified to US and European diesel standards and tested to NZ diesel standards and will meet the Australian Fuel Standard for Automotive Diesel.

The technology utilises a gasification (high temperature pyrolysis) process which combusts the biomass feedstock at over 800 degrees C in the absence of oxygen to produce a Syngas (synthesis gas) which is in turn converted to renewable diesel.

This is a very low emissions technology with the design developed so that it can be constructed in an industrial site that may be close to city locations.

The overall process is carbon neutral and even carbon negative in most circumstances. The principal sources of greenhouse emissions come from the transport of the biomass feedstock to the site and the pre-processing of the biomass. However, these are almost negligible in comparison to the overall net greenhouse gas benefits of replacing conventional diesel with the renewable diesel produced by the plant.

The process is actually a net producer of water with the water used to produce wood vinegar (a high quality fertiliser) and grey water suitable for agricultural production purposes. The grey water can be filtered to produce potable water if required.

For more information please contact:

Neil Pharaoh, CEO Pharaoh & Associates

Email: neil@neilpharaoh.com.au

Mobile: +61 (0)414 833 590

Frontier Impact Group media release PDF:

WA Government media release:

https://www.mediastatements.wa.gov.au/Pages/McGowan/2020/04/New-frontier-for-Collie-industry.aspx

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