Over the next decades fossil fuels are to be phased out, this will increase the demand for and the value of renewable energy. Currently in most of the developed world fossil fuel accounts for between 60% and 85% of the energy supply. In New Zealand 60% of our total energy is derived from fossil fuel.
There is a need for storable renewable bulk energy to replace the role of fossil fuel and thus fill this shortfall in supply. The raw material to make this alternative fuel is available at minimal cost throughout New Zealand.
This renewable fuel could supply Huntly thermal power station, various milk plants, cement works, hospitals, schools, lime works, etc.