Hawaiian Electric seeks biofuel suppliers
By: Bryna Stankiewicz
4/1/2010
Pacific Business News Hawaiian Electric Co. is looking for long-term suppliers of biofuels derived from Hawaii feedstocks for its generation sites statewide.
The company’s request for proposals includes land or water-based crops, waste animal fat or yellow grease feedstocks that can be converted to liquid biofuel for power sites on Oahu, Maui, Molokai, Lanai and the Big Island.
“This call for proposals sends a clear market signal to landowners and agricultural interests that if they plant today they will be able to sell their products for a reasonable return on their investment and effort tomorrow,” said Robbie Alm, Hawaiian Electric executive vice president, in a prepared statement Thursday.
Hawaiian Electric said its goal is to generate at least 40 percent of its electricity from renewable sources.
Letters of intent are due by May 7, and the deadline for proposals is June 18.
The utility’s newest power plant, in Campbell Industrial Park on Oahu, has been designed to run exclusively on biodiesel. Earlier this year, HECO signed a contract with a subsidiary of Ames, Iowa-based Renewable Energy Group Inc. to supply between three million and seven million gallons of biodiesel per year for two years for the plant.
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