The future facility should be capable of turning household and building waste into ethanol, which will in turn be blended into the now famous E85 fuel.
The main goal, as with any such endeavors, is not necessarily providing a cleaner fuel, but cutting as much as possible Australia's dependence on petrol. The consortium estimates the extensive use of E85 will reduce that dependence by about 30 percent.
"This will also add to our broad range of EcoLine vehicles that use alternative fuel or fuel-saving technology, further contributing to Holden’s energy diversity strategy,” Holden Energy and Environment Director Richard Marshall said in a release.
The same level of enthusiasm is also shared by the other members of the consortium, as the future facility will also come as a new business opportunity for those involved.
“Deriving energy from municipal, commercial and industrial waste that is otherwise bound for landfill, is an exciting possibility and such a facility will enable Veolia to be at the forefront of the emerging Advanced Resource Recovery Treatment sector.” Simon Tori, Victorian Group General Manager for Veolia Environmental Services said.
"Caltex already has about 400 service stations that sell E10 and a growing biodiesel market. We believe the biofuels industry has a vital role in a sustainable transport fuels future and that biofuels are good business opportunity for Caltex,” Caltex General Manager Marketing Andy Walz concluded.
Caltex will be installing pumps in 30 metropolitan and regional service stations by July 2010 an will further increase that number to 100 by July 2011.