Technologies
Bioenergy
Biomass energy is the most common form of renewable energy on the planet. Ever since discovering fire, humans have used biomass as a source of energy, for many years we burnt wood for heat and later for electricity. Had this continued sustainably then there would be no human-induced climate change. This is because biomass is part of the natural carbon cycle, whereby plants absorb CO2 as they grow, which is then released back into the atmosphere at the end of the plant’s life (through burning or decomposition). This creates a closed carbon loop, where no additional CO2 is introduced into the atmosphere.
With the discovery of fossil fuels, the production of heat and electricity began to be dominated by coal, oil, and gas. Unfortunately, unlike wood and other biomass-based energy sources, the CO2 contained within fossil fuels has been buried deep within the Earth’s crust for millions of years and has not been recently absorbed from the atmosphere through photosynthesis. As a result, burning fossil fuels releases additional CO2 into the atmosphere that adds to the natural carbon cycle and creates human-induced climate change.
Whilst it is not a common renewable energy resource in Australia, biomass energy is widely supported by leading international climate bodies such as the IEA and IPCC. Biomass holds a unique position in the renewables landscape, as it can produce power 24/7 and is the only method capable of producing electricity with net negative CO2 emissions. It is estimated that the energy contained in waste biomass resources across Australia translates to around 57.6TWh/year, equivalent to around 28% of total Australian electricity demand in 2019/20.
“In IRENA’s 1.5°C Scenario, sustainable bioenergy plays a major role in bringing global carbon dioxide (CO2) emissions close to net zero by 2050, thus limiting the global temperature rise to 1.5°C.”
“To raise bioenergy electricity generation from 718 TWh in 2020 to more than 1,400 TWh in 2030 as modelled in the [Net Zero by 2050] scenario, it will be necessary to add an average 15 GW of new capacity annually.”
“Bioenergy has the potential to be a high-value and large-scale mitigation option to support many different parts of the energy system.”
– International Renewable Energy Agency (IRENA), “Bioenergy for the transition 2022″.
– International Energy Agency (IEA), “IEA Bioenergy Power Generation Report 2021″.
– Intergovernmental Panel on Climate Change (IPCC), “Sixth Assessment Report”
Biogenic Carbon Cycle
Source: Adapted from National Council for Air and Steam Improvement. The IPCC distinguishes between the slow domain of the carbon cycle, where turn over times exceed 10,000 years, and the fast domain (the atmosphere, ocean, vegetation and soil), vegetation and soil carbon have turnover times in the magnitude of 1 – 100 and 10 – 500 years respectively. Fossil fuels transfer carbon from the slow domain to the fast domain, while bioenergy operates within the fast domain.
Verdant is not seeking approval to use and will not use native forestry bio-material waste from logging activities.