Greenleaf Biofuels’ initial project is a 10 million gallon per year (mgy) biodiesel plant located in New Haven, Connecticut. The plant will initially utilize waste vegetable oil (WVO) for its feedstock and eventually expand production to 20+ mgy. This would make it the largest biofuels plant in New England.
The plant will be sited within the fuel tank storage farm area of New Haven harbor – the largest such fuel storage farm between New York and Boston. This area is also a key distribution hub for home heating oil in the state, where each year approximately 400 million gallons of heating oil are sent inland via pipeline or truck. New Haven is also home to 750,000 barrels (nearly half) of the Northeast Heating Oil Strategic Reserves.
The national biodiesel industry has been severely hurt due not only to the recent recession, but also to the first generation model the industry was originally built upon. This entailed primarily large (50 mgy+), capital intensive plants, that were soybean-oil based, and that were located in the Midwest – close to the soybean fields. Greenleaf will address these issues by:
- Building a plant of moderate size and cost
- Primarily utilizing less expensive waste feedstock that avoids the food vs. fuel debate
- Locating our plant within its target market and making our product available locally
We are excited to bring clean, domestically produced biofuel, for use in heating oil and transportation fuel, to the New England region.