The new $10 million Waste to Energy – Bioenergy Fund gives commercial and industrial organisations across a wide range of sectors a big leg up when it comes to helping to save the planet.
The fund will support projects that create renewable energy from organic waste, i.e. bioenergy. Energy types created in this way can include valuable commodities like electricity, heat, gas or liquid fuel.
The program will support recipients to handle waste in an environmentally friendly way while reducing their operational costs, including energy bills.
Bioenergy will play a major role in supporting Victoria’s dual aspirations to halve organic waste from landfill by 2030 and increase the proportion of renewable energy generated in the state to 50% by 2030.
Eligible waste streams will come from a range of sectors, including farming, food production, forestry, paper processing, hospitality, retail food outlets, wastewater and many others.
The $10 million fund is the biggest grant investment in bioenergy the Victorian Government has made to date. And they are encouraging as many eligible organisations as possible to apply for these grants.
The fund offers many advantages to the community at large, including:
· helping to reduce the barriers preventing greater participation and investment in Victoria’s bioenergy sector
· creating new opportunities for regional development, including long-term employment
· providing additional revenue streams to primary producers.
It is also expected to deliver an additional 5,000 kW to Victoria’s renewable energy production while diverting organic waste from landfill.
Applications for funding are open now and close on Friday 26 August. More information is available at https://www.sustainability.vic.gov.au/news/news-articles/record-breaking-bioenergy-investment-in-victoria
Quote attributable to Matt Genever, Interim CEO at Sustainability Victoria
“We look forward to encouraging new bioenergy projects which will not only help the resource and renewable energy sectors, but also offer a massive opportunity for regional investment and growth.”
The Victorian Government has an ambitious goal to achieve net-zero emissions by 2050, which includes 40% renewable energy capacity by 2025 and 50% by 2030. The Victorian Government has committed to halving organic waste from landfill by 2030, as outlined in its circular economy policy, Recycling Victoria: a new economy. The Waste to Energy – Bioenergy Fund will support both these aims.
To qualify for this fund, bioenergy can be produced through either biological (e.g. anaerobic digestion and fermentation) or thermal (e.g. combustion, gasification and pyrolysis) technologies. Applicants need to have explored other circular economy outcomes prior to this as a solution.
In 2016 and 2019, Sustainability Victoria funded bioenergy projects through the Waste to Energy (W2E) Infrastructure Fund and Bioenergy Infrastructure Fund. Recipients from these programs are continuing to create bioenergy from organic waste, including Western Water’s waste to energy facility in Melton.
The facility uses anaerobic digestion to extract biogas from organic waste, such as fruit and vegetable scraps or oils and fats. This is then converted into electricity which powers the facility itself and other Western Water sites. This reduces reliance on the grid and electricity costs.