Production on land is expensive, but costs could go down if brought to sea
Although algae is currently the most energy-dense biofuel source, the cost of producing algae oil is prohibitively expensive.
The U.S. Department of Energy estimates that the biofuel would cost around $8 per gallon at the pump. Other experts [...]
The Linde Group and the US company Algenol Biofuels LLC have agreed to collaborate in a joint development project to identify the optimum management of carbon dioxide (CO2) and oxygen (O2) for Algenol’s algae and photobioreactor technology. (Earlier post.)
This cooperation will see the companies join forces to [...]
In the quest to make hydrogen as a clean alternative fuel source, researchers have been stymied about how to create usable hydrogen that is clean and sustainable without relying on an intensive, high-energy process that outweighs the benefits of not using petroleum to power vehicles. [...]
by Carolyn Austin
Algae could be the most promising candidate yet for the future of the biofuels industry.
The SINTEF Group, the largest independent research organization in Scandinavia, has opened a new full-scale laboratory for kelp cultivation to assess the potential use of that macroalgae as a feedstock for sustainable biofuels.
Liquid biofuels have met a lot of negative criticism because current production of bioethanol and biodiesel is [...]
Dow has posted a short video clip outlining its partnership with Algenol Biofuels to build a pilot-scale algae-based integrated biorefinery that will produce ethanol, located at Dow’s Freeport, Texas site. (Earlier post.)
Steve Tuttle, Global Business Director, Biosciences, Ventures & Business Development for Dow, provides a brief overview of [...]
Australian scientists say they are achieving the world’s best current production rates of oil from algae grown in open saline ponds. A joint A$3.3 million (US$3 million) project led by Murdoch University in Perth, Western Australia, and involving the University of Adelaide in South Australia, has shown more than [...]
Florida-based PetroAlgae Inc. (PA) (earlier post) has signed a Memorandum of Understanding (MoU) to enter into an agreement to license its proprietary micro-crop technology to IndianOil Corporation Limited (IOCL) for the future commercial-scale production of biodiesel from algae. ICOL is the 18th largest petroleum company in the world, [...]
Driven by fluctuations in oil prices, and seduced by the prospect of easing climate change, experts are ramping up efforts to squeeze fuel out of a promising new organism: pond scum.
Some start-ups are more optimistic. Paul Woods, chief executive of Florida-based Algenol Biofuels, says his company will beat others to [...]
Cereplast, Inc., manufacturer of proprietary bio-based sustainable plastics, has been developing a breakthrough technology to transform algae into bioplastics and intends to launch a new family of algae-based resins that will complement the company’s existing line of Compostables & Hybrid resins.
Cereplast algae-based resins could replace 50% or more [...]
