Woodland Biofuels Invests in Carbon Negative RNG and Ultra-Green Hydrogen Facility in Port of South Louisiana
Key Ideas
- Woodland Biofuels is investing $1.35 billion in the Port of South Louisiana to establish a carbon negative RNG facility and an ultra-green hydrogen plant.
- The project aims to build the largest carbon negative RNG facility globally in phase 1 and the largest carbon negative ultra-green hydrogen plant in phase 2.
- The facility will use waste biomass to produce sustainable biofuel for transportation, heating, and electricity generation, with commercial operations projected to start in 2028.
- Louisiana Economic Development offered Woodland Biofuels incentives valued at over $250 million, highlighting the state's support for the project and the creation of high-paying jobs.
Woodland Biofuels Inc., based in Toronto, is making a substantial investment of $1.35 billion in the Port of South Louisiana to develop a renewable natural gas (RNG) plant and an ultra-green hydrogen facility. The first phase of the project will focus on constructing the largest carbon negative RNG facility globally, while the second phase will see the development of the world's largest carbon negative ultra-green hydrogen plant. By utilizing waste biomass, Woodland plans to produce sustainable biofuel to be used in transportation, heating, and electricity generation, with commercial operations expected to commence in 2028.
The new facility, to be situated at the Globalplex multimodal facility at the Port of South Louisiana, aims to remove hundreds of thousands of tons of carbon dioxide (CO2) from the atmosphere annually and store it underground. Phase 1 is estimated to permanently remove 210,000 metric tons of CO2 yearly, while Phase 2 will target approximately 660,000 metric tons annually, making the project one of the largest carbon dioxide removal initiatives globally.
Woodland Biofuels' CEO, Greg Nuttall, expressed enthusiasm about the project's potential economic impact on St. John Parish and the surrounding areas. The initiative is expected to create high-paying jobs and contribute to the state's workforce development. Louisiana Economic Development has offered Woodland Biofuels a comprehensive incentives package exceeding $250 million, emphasizing the state's commitment to supporting the project and fostering job growth.
The technology employed by Woodland Biofuels utilizes waste biomass to produce low-cost, carbon-negative hydrogen, renewable natural gas, methanol, or ethanol, leading to a substantial reduction in greenhouse gas emissions. The investment by Woodland Biofuels in establishing environmentally friendly energy solutions at the Port of South Louisiana signifies a significant step towards sustainable energy and economic development in the region.
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Projects
Renewable Energy
Infrastructure
Job Creation
Economic Development
Environmental Sustainability
Biofuel
Carbon Emissions Reduction
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