The new ethanol-based fuel will be Holden's recommended fuel for use in the soon to be released Holden Commodore VE Series II flex-fuel range and consists of 85 per cent ethanol, blended with 15 per cent petrol - commonly known overseas as E85.
The new fuel goes on sale from today at St Marys, Salisbury Park and Woodcroft in Adelaide, priced at 20 cents per litre below regular unleaded petrol at Caltex-operated service stations.
"We believe Bio E-Flex will be attractive to motorists who would like to reduce their greenhouse gas emissions significantly but have had limited choice in taking action," said Caltex Manager Government Affairs & Media Frank Topham."Customers will be able to reduce their environmental impact at an affordable price. If petrol prices were at the same levels as experienced this year, Bio E-Flex would often be priced near $1 per litre at the bottom of the weekly price cycle."
As Bio E-Flex is based on ethanol - a renewable fuel - it will significantly reduce greenhouse gas emissions and our reliance on traditional fossil fuels like petrol.
It is estimated that the use of ethanol as a fuel will result in 14 to 46 per cent fewer greenhouse gas emissions over petrol, although as it has a lower energy content than petrol vehicles using Bio E-Flex will travel fewer kilometres on a litre of fuel.
“As part of our EcoLine strategy, we have a commitment to offering our customers a broad range of vehicles that use alternative fuel or fuel-saving technologies. These solutions are designed to make motoring affordable as well as being better for the environment.” Holden’s Energy and Environment Director Richard Marshall said.
The Holden Commodore VE Series II range will be the first Australian-made cars able to run on Bio E-Flex fuel, although they can also run on E10, Unleaded, Premium or any combination of these fuels.
Caltex plans to have over 30 Bio E-Flex sites in most states by the end of October, increasing to 100 outlets in 2011.