Carbon Neutral Fuels, Energy Estate to advance development of SAF project in Queensland
U.K. developer of low-carbon liquid fuels (LCLF) projects Carbon Neutral Fuels, whose ventures include Project Starling, announced Sept. 9 that it has signed a memorandum of understanding (MOU) with Energy Estate, an energy and infrastructure development company headquartered in Australia, to explore development of a sustainable aviation fuel (SAF) project in North Queensland.
The MOU, which is CNF’s first in Australia, was signed Sept. 9 at the 2nd Annual Synthetic Fuels Conference in London.
The agreement, signed with BioNQ Developments, part of the Energy Estate group, will see the two companies work together to evaluate the potential to produce SAF from sugarcane agricultural waste, looking at feedstock supply, site selection, pathway selection and offtake.
CNF said it views Australia as a burgeoning market, adding that it is “keen to support the country’s fuel security and LCLF ambitions,” with this MOU marking the company’s first step toward project development in the region.
The two parties will now work together to evaluate the opportunity in more detail.
This MOU builds upon the strategic affiliation signed between Energy Estate and Queensland Cane Agriculture and Renewables earlier this year to advance the BioNQ Project, positioning sugarcane as a critical solution to Australia’s fuel-security challenge while delivering long-term regional economic benefits.
“Collaborating with our colleagues at Energy Estate on the development of a sugarcane-based SAF project in Queensland is the first step toward meeting Australia’s upcoming mandate targets,” said Sophie Zienkiewicz, CNF’s co-founder and director.
“This project will become a vital asset in Australia’s domestic energy security and at CNF we are delighted to be able to share our learnings from the U.K. and European landscape to help inform Australia’s LCLF strategy,” she added.
