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Celtic Renewable (Future (2020 International Energy Agency predict cars to…
Celtic Renewable
Future
Strong interest from Japan, Ireland &Canada
Secured funding for Plant in Grangemouth - Falkirk -
Commercialising research to build bridge to make real industry
2020 International Energy Agency predict cars to double
Carbon omission caused by transport
Oil reserves decrease - push prices up
Europe Renewable Energy to set 10% target renewable energy
Zero Waste Scotland - receives grants/ innovation funds
Superior biofuel and sustainable
Expertise at Celtic give strategic and competitive advantage
Challenges/Difficulties
Hefty funding required
Raised 5 Million out of £20 Million - Crowd funding
Raised 4.4 million from ordinary investors
Giving investors 15% interest
Two-year debt instrument
9 Million from Scottish Government
6 Million from existing Stakeholders & Donald Houston/Adelphi Distillery
Fuel
Biobutanol - Whisky-fuel
Replaces Diesel&Petrol
Green energy project
Power engine without modification
Testing
Scale it in one site
Distribution - truck movement
The location of pipe
Founder
Used during war - founded Chaim Weizmann
Stopped due to cost of raw material - use of maize and conker/ wheat
Profession Martin Tangney- two year research 2007
Use of waste product
Draff and Pott Ale
Scottish Malt Whisky produce 750,000 a year
Two Billion litres of Pot Ale waste
Martin is world-authority in biobutanol
Current/Previous Success
Showed Car powered by Whisky residue
Cleaner environment/better economic
Environmental pressure of reducing carbon emission
Economic pressure of oil prices
Funding/Benefit
£100 million industry in Scotland
Save cost of disposing annual waste from Whisky
Tullibardin -Whisky producer work with company
It will save them £250,000 a year