{"id":61103,"date":"2015-09-07T09:24:57","date_gmt":"2015-09-07T09:24:57","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=8404154439ca80e20b96f810e477c21f"},"modified":"2015-09-07T09:24:57","modified_gmt":"2015-09-07T09:24:57","slug":"statement-to-parliament-advanced-biofuels-demonstration-competition-grant-award","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=61103","title":{"rendered":"Statement to Parliament: Advanced Biofuels Demonstration Competition: grant award"},"content":{"rendered":"<div class=\"govspeak\">\n<p>The Department for Transport launched the \u00a325 million Advanced Biofuels Demonstration Competition to support the development of a domestic advanced biofuel industry in December 2014. Following a strong competition, I am pleased to announce that 3 projects have been selected for investment totalling \u00a325 million over 3 years.<\/p>\n<p>Grants are to be awarded to 3 winning projects:<\/p>\n<ul>\n<li>Celtic Renewables Limited \u00a310,925,000<\/li>\n<li>Advanced Plasma Power Limited \u00a310,958,194<\/li>\n<li>Nova Pangaea Limited \u00a3 3,000,000<\/li>\n<\/ul>\n<p>The projects will use the capital grants awarded, supported by significant private sector<br \/>\ninvestment, to construct 3 demonstration-scale advanced biofuel plants in Swindon, Tees Valley and Grangemouth.<\/p>\n<p>Relative to first-generation biofuels (those made from traditional crops, starch, sugars or<br \/>\nvegetable oil), advanced fuels have the potential to deliver greater carbon savings without the same concerns around food security and land use change. The advanced fuel technologies the winning projects will demonstrate could reduce our reliance on imported energy, by turning unwanted waste products into valuable transport fuel, adding value to the <abbr title=\"United Kingdom\">UK<\/abbr> economy and creating jobs. According to an independent feasibility study, gains from the domestic supply as a result of converting low value waste to high value transport fuel could be worth up to \u00a3130 million gross value added (<abbr title=\"gross value added\">GVA<\/abbr>) to the <abbr title=\"United Kingdom\">UK<\/abbr> by 2030, and potentially up to \u00a3500 million per year including exports.<\/p>\n<p>This is a major step forward for the <abbr title=\"United Kingdom\">UK<\/abbr> and supports the work the Department for Transport is doing to set the <abbr title=\"United Kingdom\">UK<\/abbr>\u2019s long term strategy for biofuels in order to meet <abbr title=\"European Union\">EU<\/abbr> targets, which includes considering a sub target for advanced biofuels.<\/p>\n<h2 id=\"related-biofuels-documents\">Related biofuels documents<\/h2>\n<ul>\n<li>\n<a href=\"https:\/\/www.gov.uk\/government\/news\/winners-from-25-million-prize-to-develop-greener-fuel-technology-announced\">Winners from \u00a325 million prize to develop greener fuel technology announced<\/a>, published 7 September 2015<\/li>\n<li>\n<a href=\"https:\/\/www.gov.uk\/government\/news\/edinburgh-firm-wins-11-million-share-of-uk-government-prize-to-develop-greener-fuel-technology\">Edinburgh firm wins share of \u00a325 million <abbr title=\"United Kingdom\">UK<\/abbr> government prize to develop greener fuel technology<\/a>, published 7 September 2015<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Unwanted waste products to be turned into transport fuel at 3 new plants in England and Scotland.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/61103"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=61103"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/61103\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=61103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=61103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=61103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}