Launch of Green Fuels Accelerator to Fast Track Commercial-Scale Low Carbon Liquid Fuels
- Seven low‑carbon liquid fuel projects selected for targeted commercialisation support
- Finance, regulatory and offtake advisory to accelerate final investment decisions
- Projects span multiple conversion technologies and major feedstocks across Queensland, Western Australia and New South Wales
MELBOURNE, Australia, June 10, 2026 – Cyan Ventures has today launched a first-of-a-kind Green Fuels Accelerator (GFA) to advance commercial scale low carbon liquid fuel (LCLF) production. Funded by the Australian Renewable Energy Agency (ARENA) – with support from industry partners including Qantas and Boeing – the GFA has selected its first seven Australian LCLF projects to fast-track toward financial close and commercial production.
The GFA provides tailored regulatory, technical, commercial and finance advisory support to de-risk projects and unlock domestic low carbon fuel supply, while reducing Australia’s reliance on imported fuel which frequently exceeds two-thirds of domestic demand.
“The Green Fuels Accelerator is about converting Australia’s natural advantages into operating projects. We have the feedstocks, the innovative capacity, and willing partners across the supply chain to become a leader in low carbon fuel technology and production,” said Dr. Fraser Thompson, Managing Partner, Cyan Ventures.
“The benefit of a thriving domestic SAF industry is clear. What’s missing is the targeted support to get early-stage projects across the line - the financing structures, the offtake agreements and the regulatory guidance that turns potential into production.”
“We have a group of talented developers and entrepreneurs ready to build something the country genuinely needs and the Green Fuels Accelerator exists to make sure they can.”
The pilot initiative will work with seven identified LCLF projects, providing specific commercialisation support in areas such as financing and commercial offtake. Industry partners including Qantas, Boeing, Mission Possible Partnership, Climate Tech Partners and SYSTEMIQ will provide project advisory support.
Fiona Messent, Chief Sustainability Officer, Qantas, said: “Qantas is committed to reducing the emissions of Australian aviation and scaling a domestic sustainable aviation fuel industry is central to that goal. We’re pleased to provide our commercial and technical expertise to help the most promising projects reach production.”
Dr. Kimberly Camrass, Head of Sustainability APAC, Boeing, said: “Boeing’s partnership on the Green Fuels Accelerator initiative marks a pivotal step towards securing Australia’s energy independence, growing regional economies, lowering long term fuel costs and advancing decarbonisation across the aviation sector.”
Darren Miller, CEO, ARENA, said: “Australia has the potential to manufacture our own low carbon liquid fuels. We have abundant feedstocks, strong research capability and growing demand from sectors like aviation. What’s needed now is the support to help promising projects navigate the final steps to commercial scale.”
“The Green Fuels Accelerator is about closing that gap and providing the targeted support needed to move projects from concept to construction and build Australia’s resilience to fuel shocks.”
The seven selected projects span conversion technologies and integrated feedstock-to-fuel facilities. Each project will receive bespoke advisory support tailored to its technology, feedstock and commercial stage (see Notes Section).
ENDS
Cyan Ventures
Cyan Ventures is an Australian-headquartered sustainability project development and advisory firm specialising in first-of-a-kind clean energy and decarbonisation projects. Its work spans low carbon liquid fuels, green metals, clean tech supply chains and energy networks.
Qantas
Qantas is Australia’s national carrier and one of the world’s leading long-distance airlines. Qantas has committed to net zero emissions by 2050, with sustainable aviation fuel a core pillar of its decarbonisation strategy.
Boeing
A leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defence products and space systems. The company is committed to decarbonising the aviation sector through fleet renewal, advanced technologies, operational efficiency, and renewable energy.
MEDIA CONTACTS
Dr. Fraser Thompson
Managing Partner, Cyan Ventures
[email protected]
Natacha Dobrovolsky
Communications Specialist (Sustainability)
[email protected]
+61 422 679 247
Stephen Smith
Senior Manager, Qantas
[email protected]
NOTES: SELECTED PROJECT OVERVIEW & DEVELOPER QUOTES
Project list
The seven selected projects span conversion technologies across Queensland, New South Wales, and Western Australia:
- Licella (QLD) - Integrated biorefinery using Cat‑HTR™ hydrothermal liquefaction (HTL) to convert non‑food biomass into bio‑oil, for low‑carbon liquid fuels including SAF.
- Renergi (WA) - grinding pyrolysis converting waste streams into bio-oil and biochar.
- Renewable Developments Australia – RDA (QLD) - integrated ethanol to jet facility using on site sugarcane feedstock.
- Wagner Sustainable Fuels (QLD) - SAF blending terminal and large-scale refinery converting waste feedstocks.
- Mercurius Biorefining (QLD) - REACH™ conversion of lignocellulosic biomass to drop in SAF, renewable diesel and sustainable marine fuel.
- Wildfire Energy (QLD) - moving injection horizontal gasification to produce bio methanol and SAF.
- Ethtec (NSW) - cellulosic ethanol pilot converting agricultural and forestry residues.
Quotes from selected projects
Dr. Russell Reeves, Managing Director and Chief Scientist, Ethtec, said: “Ethtec’s technology converts low value waste into high quality ethanol that can fuel transport and, increasingly, aviation. The Green Fuels Accelerator comes at a critical moment for us – it will support our path to commercialisation and help prove that world leading green fuels technology can be homegrown in Australia.”
Craig Griffith, Chief Operating Officer, Renewable Developments Australia, said: “RDA has spent years securing land, developing feedstock supply and building partnerships to change Australia’s import reliance on jet fuel. The Green Fuels Accelerator gives us the additional momentum we need to cross the line and demonstrate this country can become a global leader in SAF.”
Dr. Len Humphreys, Chief Executive Officer, Licella, said: “Project Swift will apply Licella’s Cat HTR™ platform in Bundaberg to transform biomass waste, such as sugarcane bagasse, into low carbon fuels including SAF. Participation in the Accelerator provides valuable support as the project progresses and helps demonstrate what Australian technology can deliver for national fuel security.”
Dr. Greg Perkins, CEO and Managing Director, Wildfire Energy, said: “Wildfire Energy is commercialising its proprietary Australian MIHG technology to convert wastes originally destined for landfill into low carbon fuels including bio-methanol and sustainable aviation fuel. The Green Fuels Accelerator will provide critical support to enable our first commercial project to be ready for execution.”
Eric Seck, Chief Operating Officer, Mercurius Biorefining, said: “Mercurius’ REACH™ technology enables the efficient conversion of lignocellulosic biomass into drop in fuels, supporting the transition to a lower carbon fuel system. Participation in the Green Fuels Accelerator strengthens our pathway to commercial deployment by bringing together the financing, offtake and advisory support needed to scale.”
