Carbon capture deal signed with Australian coal-fired energy company

Algae.Tec signed a deal with Australia's largest power company to site an algae carbon capture and biofuels production facility alongside a 2,640 MW coal-fired power station near Sydney.

Macquarie Generation, a power generation company owned by the New South Wales government, signed an agreement to site the Algae.Tec facility next to the Bayswater coal-fired power station in the Hunter Valley NSW, and feed waste carbon dioxide into the enclosed algae growth system.

Bayswater uses about 7.5 million tons of coal per year and delivers power to eastern Australia, from South Australia to Northern Queensland. The algae will feed on "waste" carbon dioxide emitted by the power station and the resulting algal oil is converted to biodiesel and hydrogenated to renewable jet fuel.

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