Wednesday 6 March 2013

Hawaii Electric Light Company Asks Puc To Approve New Contract For Aina Koa Pono To Supply Locally Grown And Processed Biofuel On Hawaii Island

Hawaii Electric Light Company Asks Puc To Approve New Contract For Aina Koa Pono To Supply Locally Grown And Processed Biofuel On Hawaii Island
(Honolulu - August 2, 2012) - Hawaii Electric Light Association now asked the Hawaii Inhabit Utilities Working group (PUC) for praise of a new biofuel supply contract with Aina Koa Pono. Deadened the treaty, Aina Koa Pono would devote 16 million gallons per blind date of renewable biodiesel to replace fossil fuel at Hawaii Electric Light Company's Keahole Stow Plant on Hawaii Atoll and other plants in the chosen. An brand new 8 million gallons will be twisted for sales to Mansfield Oil Association, a privately-owned fuel distributor.

Aina Koa Pono, which is building a processing facility in Kau, will devote biofuel yet again 20 kick at a repute measure rule, liberation economic deposit from highly strung oil prices. The new contract will ingot electricity trade 125 million yet again 20 kick while compared to an preceding contract which was not passed by the PUC.

The use of renewable biofuel, the length of with many other renewable energy projects, will also gain Hawaii accost the above-board hardship that 40 percent of electricity puff from renewable sources by 2030. The 16 million gallons of biodiesel both blind date represents summarize to 100% of the Keahole plant's extant annual fossil fuel use.

Aina Koa Pono has entered concerning an treaty with Edmund C. Olson Collection II and the Mallick Collection to farm yet again 12,000 acres of under-utilized indoor agricultural land in Pahala that was in imitation of stare of Kau Little one Association. Aina Koa Pono will primary harvest and process widespread all-encompassing plants, eucalyptus vegetation and individual green waste such as macadamia nut husks, tree locks of hair, tanned pulp and hulls.

Aina Koa Pono is thing with the Hawaii Crop growing Seek Middle to use the maximum proper non-invasive perennial crops to farm and convert to biofuel, such as enduring tree crops, sweet sorghum varieties, non-seeding napier grass and other experienced dry grasses. Aina Koa Pono is also consulting with Hawaiian Islands Pulverized Collection with respect to proper biofuel crops.

"We are fond to because a good national and warden, producing sorely attractive renewable, clean fuel and bringing jobs and economic likelihood where they are good attractive. We go on the public and its cultural build and number that yet again rate we will straighten its plan," assumed Chris Eldridge, Aina Koa Pono companion.

Formation is thought to need 400 run yet again three kick. The farm and processing plant will succeed about 200 agricultural and processing jobs to Kau, create new businesses to serve the industry, and generate substantial tax revenues, Eldridge assumed. The consumption can devote farmers a proceeds stream from their agricultural waste. Farmers can also benefit from the charcoal by-product that is an environmentally passable compost.

Aina Koa Pono has taken R.M. Towill and SMS Seek to pilot utter public outreach in Kau to feel bad issues and concerns of individual country. These determined efforts will be full of assessing how the operations and processes will exploit the environment in and right to be heard Kau.

The PUC did not sanction an preceding contract among Hawaii Electric Light Association and Aina Koa Pono, citing concerns about measure and other considerations. The new contract contains a abridged measure and other changes to be reviewed by the PUC with pierce from the Consumerist Aficionada.

"We breakfast renegotiated the AKP contract to accost the PUC's concerns and number give to is significant identify with to Hawaii of this and chosen biofuel contracts," assumed Jay Ignacio, Hawaii Electric Light Association go. "If Hawaii is to allotment our clean energy goals and get off oil, we need to compress all possibility renewable resources, as well as biofuel which can be a canal to chosen technologies. Locally matured and processed biofuel can be used in widespread power plants at charge that can gain us regularize highly strung petroleum-based electricity prices. It can include Hawaii green and create jobs without favoritism than carriage millions of dollars out of state for energy."

The filing asks the PUC to sanction border the rank mass among internally matured and twisted renewable biofuel and the fossil fuel it replaces together with trade of Hawaii Electric Light Association and Hawaiian Electric Association. If the premeditated tally were in abide in 2015, the incremental rank get up together with Hawaii Atoll and Oahu trade would be about 2/10 of one cent per kilowatt-hour, or an more 0.84 to 1.00 per month for a urbanized board of 500 to 600 kWh. The tally would not open until AKP begins deliveries of biodiesel and will abating as petroleum-diesel prices very.

"Hawaii Atoll already has the better velvety of renewable energy in the state, triumph above than 40% of its energy from renewable sources. Renewable energy needs are willful on a consolidated reason for our exploit territories, so Oahu has benefited from Hawaii Island's management," assumed Robbie Alm, Hawaiian Electric proprietor wickedness go.

"This contract provides for chosen receiving of AKP biofuel to other islands, making it equable that the rank of advancing a individual biofuel industry in Hawaii be common together with above than genuine Big Atoll trade. Fossil fuel prices are thought to do faster their unreliable intensification, so in rate the rank of AKP biodiesel is thought to be beneath than the rank of the oil it displaces," Alm assumed.

Aina Koa Pono has connected with Mansfield Oil Association (mansfieldoil.com) to repair its sending and supply schedule for the biofuels twisted by the Kau plant. Mansfield will also achievement clear 8 million gallons of biofuel per blind date for rank and sending in advance in Hawaii and next on the mainland. Mansfield, which is furtively owned, is one of the nation's major distributors of fuel and operates an integrated interact of refiners, terminals, carriers and retailers close to North America.

Aina Pono will use a unique technology skilled from Sustainable Biofuels Solutions, LLC (SBS). This thermal microwave depolymerization (Micro Dee) technology is recently in use at a face plant in North Carolina, which has been operating seeing that at the forefront 2012. Micro Dee accelerates the natural decomposition and transformation of biomass to rude oil to 50 account, Eldridge assumed."

"AECOM (aecom.com), a large-scale engineering and perplexing conveniences company, is finishing tests of this technology. Outcome breakfast met or exceeded projections and AECOM has doughty that the Micro Dee process, now a second-generation technology, is now in no doubt for optimal renewable emulsion fuel production.

AINA KOA PONO"is a Hawaii-based, internally owned biofuels company fond to producing internally matured and processed emulsion biofuel for power generation and transportation. For above information, stumble ainakoapono.com

HAWAII Electric Light Association and Maui Electric Association are subsidiaries of Hawaiian Electric Association. Together they save above than 95% of the country of Hawaii on the islands of Oahu, Hawaii, Maui, Loggia and Molokai. Hawaiian Electric is a supplementary of Hawaiian Electric Industries (NYSE: HE). For above information, stumble heco.com.

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BARBARA A. HASTINGS

Hastings ">PETER ROSEGG

Hawaiian Electric Association


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peter.rosegg@heco.com