A GROUP of Adelaide scientists is at the forefront of an international race to produce renewable biofuels from micro-algae on a commercial basis.
If successful, an $8 million algal biofuel demonstration project in Whyalla, spearheaded by tiny Adelaide-based research company Muradel, is expected to be the catalyst for a major new industry in South Australia.
Muradel chief technology officer Associate Professor David Lewis believes its revolutionary process will produce hundreds of millions of dollars worth of oil a year in South Australia within 20 years.
The Muradel development is also expected to help spark the rejuvenation of the regional community of Whyalla and become the hub of an integrated biofuels production facility using multiple feedstocks, including agave and wheat straw, to optimise its viability.
Success promises a game-changer for business in the battle against ever-rising costs and a reduction in the carbon footprint.