Hawaiin Electric and Phycal have reached an agreement to deliver between 100,000 and 150,000 gallons of algae-based biofiel by April 2014 for testing at Kahe Generating Station.
According to Biofuels Digest, “the biofuel will be provided at a fixed price not tied to the price of fossil fuels”.
Pending the success of the alage-based biofuel testing at Kahe, Hawaii Electric and Phycal expect a subsequent agreement for up to three million gallons per year for three years for a full scale demonstration project.
‘Phycal, Hawaii Electric ink algal biodiesel offtake deal‘ by Jim Lane can be read on Biofuels Digest.

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