The bio-fuel industry could profit from calls by the Green Investment Bank (GIB) Commission to invest more money in low carbon emission schemes.
The body has proposed that the GIB must be operational within six months in order to unlock the £550 billion of public funds needed to invest in low carbon infrastructure.
Bio-fuels have been identified as one industry which could benefit from the proposal as grants may be made available to those adopting the technology.
James Cameron, a member of the GIB Commission, claimed that the move would be beneficial for the environment.
He said: "The Green Investment Bank can work over the long term in the national interest and will help to build the new clean economy around us.
"It is a tremendous opportunity to rapidly scale up the investment we need to tackle climate change, while simultaneously creating the jobs and industries of the future."
The report notes that a new government-backed firm may be created which uses advanced bio-fuel equipment, with the company then sold to the private sector if it proves to be successful.
Typical Guttridge equipment used in the bio-fuel industry includes: conveyors – screw conveyors – chain conveyors – belt conveyors