Whisky Biofuels Company wins £11m in government funding
A Scottish company that makes bio-fuels from the waste produced by the whisky industry is to share in a £25m prize from the UK government to fund environmentally friendly fuel technology.
Edinburgh-based Celtic Renewables will receive £11m that it will put towards building a demonstration facility at Grangemouth, which it hopes to open in 2018.
The company produces biobutanol, from pot ale and draff, two by-products of malt whisky production, which can be used to fuel cars and lorries. Some 500,000 tonnes of draff and 1,600m litres of pot ale are generated by distilleries every year.
Professor Martin Tangney, the founder of Celtic Renewables, said the Department for Transport funding would be “transformational” for the firm and “will underpin the development of a brand new innovative industry in the UK”.
Julie Hesketh-Laid, the deputy chief executive of the Scotch Whisky Association, said the investment wll create jobs: “The Scotch Whisky industry is always looking at innovative ways to support Scottish industry and help the environment.
“Projects that make use of whisky by-products for alternative means are a great example of us working together to find a high-tech solution.
“The production of biobutanol from draff and pot ale is another example of the industry putting its by-products to a good use to promote sustainability and jobs.”
Swindon-based Advanced Plasma Power, which uses household waste to develop biofuels, has also been awarded £11m from the Government. Nova Pangaea Technologies, a Tees Valley company that uses waste from forestry for green fuel production, has secured £3m.
Martin, B. (2015, September 7). Whiskey biofuels company wins £11m in government funding. The Telegraph. Retrieved from http://www.telegraph.co.uk/finance/newsbysector/transport/11848635/Whisky-biofuels-company-wins-11m-in-government-funding.html