Highbury agreement with Korea Institute of Energy Research a milestone towards renewable biofuel production

After a very successful two-year project to further develop our pathway of biomass to renewable transportation fuels, Highbury Energy Inc. (HEI) is delighted to announce that it has signed a commercial licensing agreement with the Korean Institute of Energy Research (KIER) aimed at paving the way towards the future large-scale production of liquid fuels.

Supported by the BC Bioenergy network (BCBN), the deal allows HEI to use KIER’s advanced Fischer-Tropsch (FT) technologies to produce low-carbon liquid fuels from HEI’s high-quality synthesis gas.

“The results of the project were extremely promising, exceeding expectations,” said Highbury CEO Thomas Hobby. “The composition of the FT liquid showed negligible waxes and a high percentage of the produced liquid in the diesel and jet fuel range. This binding licensing agreement with KIER allows us to proceed with developing a Fischer-Tropsch demonstration project that will produce and certify the FT liquids for use in downstream refining, or be upgraded to synthetic diesel or other  biofuels and co-products. The KIER agreement gives us options for exclusive rights to the North American market. It’s an important milestone for us.”

The demonstration plant will consume about five tonnes of biomass per day, yielding up to 3 barrels of Fischer-Tropsch liquids daily.

The company is also working towards securing its first 3 megawatt commercial heat and power project to supply electricity to more than 2000 homes in California. A State of California feed-in tariff introduced in the wake of the pine beetle disaster, which killed 100 million trees across the Sierra Nevadas, strongly encourages renewable electricity production.

Long-term, Highbury remains committed to, and optimistic about, achieving its goal of becoming a leader in supplying renewable electricity and biofuels and providing environmentally sustainable, carbon-neutral alternatives in the energy marketplace.

$1 U.S. Biodiesel Tax Credit Extended through 2016

Since its creation in 2005, the U.S. $1-per-gallon biodiesel tax credit has helped U.S. biofuel producers not only compete with petroleum but reach commercial-scale production – from 100 million gallons to almost 1.8 billion gallons in 2014. The credit has also helped create jobs, strengthen U.S. energy security, reduce harmful and costly emissions, diversify the fuels market and lower costs to the consumer.

But the credit has also expired four times in the past six years, including on Dec. 31, 2014, creating disruptions and uncertainty in the industry.

Now U.S. legislators have voted to retroactively reinstate the credit from January 1, 2015 through December 31, 2016, with President Obama expected to sign it into law by the end of the year.

U.S. biofuel groups are praising the extension for promoting the use and benefits of biofuels throughout North America, and for providing business clarity through 2016.

For Highbury, as we embark on rolling out our enhanced and proprietary technology to commercial scale, the extension signals further welcome government support for the economic and environmental advantages of biofuels, and augurs well for a favourable business and government climate in the years ahead.

bio-diesel
biofuels-digest
(Credit Src: biodiesel.org and biofuelsdigest.com)

Highbury writes Strategic Alliance Agreement with leading geoenergy firm

Highbury has drawn up a Memorandum of Understanding (MOU) with a major North American supplier of geothermal exchange systems for large buildings. Highbury’s advanced technology will allow the company to expand its environmental capabilities to include the ultra-efficient conversion of biomass directly to heat, as well as the addition of heat recovery systems for cooling hot synthesis gas and gas-fuelled electrical generators.

Geothermal heating uses subterranean heat transfer systems to capture and circulate the earth’s natural warmth – significantly reducing energy costs, consumption and pollution.

Alberta coal ban is good news for Highbury

As part of its long-term Climate Change plan, Alberta’s NDP Government announced on Nov. 22 that the province will phase out all coal-fired power generation by 2030. Considering that as much as 65 percent of its electricity now comes from coal, the move will require huge infrastructure changes in the province. One beneficiary could be Highbury Energy.

“We’re ready to go” says Highbury Energy Inc. CEO Thomas Hobby. “Our tech platform is ideal for small-scale conversion of biomass to electricity in the 1 to10 megawatt range. This is a huge opportunity for us.”

Highbury has already been exploring renewable energy opportunities and partnerships in Alberta, though no formal agreement has yet been signed.

Highbury trade delegation targets pollution-choked China

In early December, Highbury Energy Inc. CEO Thomas Hobby returned from a trip to Korea and China with an energy industry delegation looking for ways to help reduce pollution. Despite continuing to open an average of four coal-fired power plants a week for energy to expand its economy, China – the world’s most polluted country – is desperately seeking technology and platforms for cleaner, more sustainable energy generation.

China’s great need for cleaner energy was on dramatic display as recently as late November, when three consecutive days of air quality readings over 200 (fine particles per cubic metre of air with a diameter of 2.5 micrometres or less) in Beijing forced the city to issue a red alert, restricting road use and closing factories.

Highbury’s Asia mission included trips to the Korea Institute of Energy Research, as well as to educational institutions and to a Chinese sewage sludge refiner responsible for 350 million customers.

Highbury CEO addresses BC – Korea Forum

Delegates hear Thomas Hobby speak on company’s renewable syngas technology and future

How feasible is it to turn waste wood into jet fuel? Very, according to the Chief Executive Officer of a new startup company, Vancouver-based Highbury Energy Inc. (HEI).

Speaking to the British Columbia-Korea Trade and Investment Forum on June 23, Thomas Hobby detailed Highbury’s project with the Korea Institute of Energy Research (KIER) to adapt a syngas conversion process to HEI’s high-value synthesis gas process, with the ultimate aim of creating renewable diesel or jet fuel from biomass.

“KIER and HEI are collaborating on the design of a small demo plant to be constructed in BC to process about 10 tonnes of dry biomass per day into heat, power and liquid transportation fuels,” he said. “Long-term we are targeting a number of sectors as potential customers – in particular the forestry, mining and airline industries. We believe our technology will transform the forest industry and support a third leg of the forest resources economic stool, which includes lumber and value added products, pulp and paper and bioenergy development.”

The forum session focused on research and commercial development between Canada and Korea. The HEI-KEIR project, which is sponsored by the BC Bioenergy Network and Korea Energy Technology Evaluation and Planning, takes advantage of Highbury’s acclaimed breakthroughs in renewable energy technology.

Mr. Hobby has conducted extensive research into renewable energies including torrefaction, pilot-scale pyrolysis, gasification and combustion of biomass, and has been interviewed by national and provincial media on a myriad of forest industry topics including forest fuels management, non-timber resources and bioenergy. The forum was attended by 350 representatives from businesses dealing with agrifoods, technology, forestry and bioenergy as well as by officials of the Korean government, and comes in the wake of the Canada-Korea Free Trade Agreement ratified last January.

South Korea is BC’s fourth-largest goods export destination, and Canada’s third-largest trading partner in Asia.

Highbury Energy Investor Relations

Welcome investor,

Highbury Energy Investor Relations Kit

Click here to download and review the full Highbury Energy Investor Relations Kit (.PDF)

We’re looking for partners

Highbury Energy is seeking opportunities, and strategic and investment partners, to build commercial projects that realize truly viable, sustainable solutions. We are also currently pursuing collaborations with other ground-breaking technologies, private and government bodies and resource owners to further improve on the value proposition of our technology.

Contact us at:

Highbury Energy Inc.
1820 Cathedral Place
925 West Georgia St.
Vancouver, BC V6C VL2
www.highburyenergy.com
tel: 1-866-635-3556

Thomas Hobby – MBA, MA, MSc. P.Ag,
Chief Executive Officer
thobby@highburyenergy.com
tel: 250.588.4623

Penny Green – President
pgreen@highburyenergy.com
tel: 604.617.7979

Mark Hammer – VP Investor Relations
mhammer@highburyenergy.com
tel: 604-761-1335

Highbury teams up with Korean governments to create high-quality fuels from Highbury synthesis gas

Highbury is working with a Korean government agency to convert our syngas into jet and diesel fuels. The process will combine a syngas-to-liquids process developed by the agency – Korea Institute of Energy Research, or KIER – and Highbury’s propriatery biomass gasifier technology. The aim is to produce simpler syngas cleaning and more efficient production of wax-free diesel from biomass,  and to improve the quality of the liquid yields, which span a range from jet-fuel to diesel.

The partnership began in late 2013 after Highbury was one of four winning applicants in a bioenergy competition for a grant sponsored by the BC Bioenergy Network and the Korean Energy Technology Evaluation and Planning (KETEP). The two-year, $300,000 project aims to develop a process for converting Highbury’s syngas to diesel liquid through Fischer-Tropsch processes, which are a series of chemical reactions that convert a mixture of carbon monoxide and hydrogen into liquid hydrocarbons. In testing, Highbury’s gasifier technology has yielded the lowest well-to-wheel CO2 emissions per kilometre of any liquid fuel used.

Korea Institute of Energy Research

Highbury CEO to make presentation at BC-Korea trade and investment Forum  

Delegates will hear Thomas Hobby speak on Liquid Fuels from Woody Biomass

– for immediate release June 22, 2015 –

 VANCOUVER, BC – Thomas Hobby, the Chief Executive Officer of Highbury Energy Inc., will be speaking on the topic ‘Liquid Fuels from Woody Biomass’ at the British Columbia-Korea Trade and Investment Forum in Vancouver.

Mr. Hobby has worked over 25 years in the forestry, agriculture and biomass energy sectors, and has more than 10 years of bioenergy commercialization and executive experience. A Professional Agrologist in British Columbia, he has worked in education, farm and forest management, commercial agricultural lending, natural resources academic research and start-ups, and has led non-profits. His company has conducted extensive research into renewable energies including pilot-scale pyrolysis, gasification and combustion of biomass and coals, and he has been interviewed by national and provincial media on a myriad of forest industry topics including forest fuels management, non-timber resources and bioenergy.

Highbury Energy is engaged in a joint BCBN-KETEP project with the Korea Institute of Energy Research (KIER) to adapt KIER’s Fischer-Tropsch process to use syngas from Highbury’s unique gasifier in order to produce renewable diesel or jet fuel from BC biomass.

Held in Burnaby, BC on June 23 and 24, the BC-Korea Trade and Investment Forum was created to strengthen the economic ties between BC and Korea. Participating in it will be Korean government representatives along with a wide range of businesses with a focus on agrifoods, technology, forestry and bioenergy. It comes in the wake of the Canada-Korea Free Trade Agreement (CKFTA) engineered by the federal Government and ratified in January, 2015.

South Korea is BC’s fourth-largest goods export destination, and Canada’s third-largest trading partner in Asia.

For information about  Highbury Energy Inc., visit www.highburybiofuels.com

Highbury inks gasification partnership agreement to heat BC mine

Highbury Energy Inc. is pleased to announce an agreement with international power management company Eaton and mining company MGX Minerals Inc. to convert organic matter into syngas at a mining operation in southestern BC.

Using its proprietary biomass gasification technology, Highbury has committed to provide a clean, low-cost energy source of syngas for continued operations at MGX’s Driftwood Creek magnesite property in the East Kootenays region of BC.

Terms of the agreement establish a comprehensive working business relationship between MGX, Eaton and Highbury to work together on several aspects of designing, developing and financing Driftwood’s proposed mining and processing project. The project will deploy Highbury’s proprietary dual-bed gasification technology to produce a hydrogen-rich syngas to heat industrial kilns as part of the production of calcined caustic magnesium. Feedstock will be waste biomass from the forest products industry within the region, possibly along with other biomass sources from forest ecosystem restoration and fuel hazard reduction programs within the area’s wildland/urban interface.

The project is slated to utilize an estimated first phase of 50,000 bone dry tonnes of biomass per annum. MGX says it will produce 100,000 tonnes of MgO (magnesium oxide) per year and operate for more than 40 years. The project will be supported by Eaton’s global experience and expertise in the mining and heavy industrial electrical industries, and will build a business case to determine its financial support as financial partner of the MGX project.

The project will provide local jobs and long term benefits for the East Kootenays region and will support economic growth within British Columbia.