Business Energy Local News News PSV body ready to take up new biofuel option Emmanuel Joseph01/04/20230439 views Roy Raphael Operators of privately-owned public service vehicles (PSVs) are gearing up to cash in on a soon-to-be-launched biofuel option that could cut fuel prices in half. Rum and Sargassum Inc. has produced biogas from co-digesting rum distillery wastewater, Black Belly sheep manure and Sargassum seaweed in the laboratory of the University of the West Indies, Cave Hill Campus. It expects to secure a full patent for its technology and to roll out its first biogas fuelling station in June. “Our association is basically interested in sitting down with the persons involved and also ensure that we can benefit because we would like to reduce our fuel bill basically by 50 per cent between now and the next two years, and we are working towards that,” Raphael told Barbados TODAY. Pointing out that PSVs consume large amounts of fossil fuel, the AOPT chairman encouraged members of his organisation, which represents the the largest number of PSVs on the island to utilise the recently announced loan facility to purchase electric, hybrid and natural gas vehicles.