Louisiana Green Fuels Fund Updates > LGF Comparison
How Louisiana Green Fuels Compares to Other Renewable Diesel Projects
We are frequently asked how Louisiana Green Fuels compares to other renewable diesel projects currently in development globally.
Strategic Biofuels (“SBf”), the development company behind the Louisiana Green Fuels project, is following industry best practice by splitting the engineering design process into a series of steps called Front End Loading (FEL), with a formal review after each phase to validate the project’s design, costs, and economics before moving on to the next stage.
The project transitioned from FEL-1 to FEL-2 in July last year and in February this year formally progressed from FEL-2 to FEL-3. Although there are several renewable fuel project developers that are trying to do something similar to SBf, none of them have so far been able to advance into FEL-3.
One of the project’s major technology licensors said the following about SBf’s progress to date:
“We had several others [projects] that started sooner and are serious and likely, but have not moved yet into FEL-3; so a true testament to the SBf team. The SBf project is very well set up for success and is doing everything right and we are very proud to be part of your team. We will do everything in our power to help the project succeed.”
The project transitioned from FEL-1 to FEL-2 in July last year and in February this year formally progressed from FEL-2 to FEL-3. Although there are several renewable fuel project developers that are trying to do something similar to SBf, none of them have so far been able to advance into FEL-3.
One of the project’s major technology licensors said the following about SBf’s progress to date:
“We had several others [projects] that started sooner and are serious and likely, but have not moved yet into FEL-3; so a true testament to the SBf team. The SBf project is very well set up for success and is doing everything right and we are very proud to be part of your team. We will do everything in our power to help the project succeed.”
