Norway's Statkraft to make biofuel from wood chips and other waste
Using high temperatures and pressure, Statkraft's "hydro thermal liquefaction" process turns wood and organic waste into diesel, producing what it says is a second-generation biofuel that is carbon neutral. It emits the same amount of carbon when burned that was originally absorbed by the organic feedstock. Statkraft and Swedish forestry group Sodra have formed a joint venture called Silva Green Fuel, which will make an investment decision this year on a 50 million-70 million euro pilot plant in Tofte, south of Oslo. Statkraft CEO Christian Rynning-Toennesen said up to 7 percent of the new fuel, whose energy density is similar to fossil-derived diesel, could be mixed into diesel fuel and used for any vehicle without modification. With small adjustments, a diesel engine could run solely on the fuel, he said.