• 3 minutes In a Nutshell...
  • 5 minutes CV19: New York 21% infection rate + 40% Existing T-Cell immunity = 61% = Herd Immunity ?
  • 7 minutes Australian renewables zone attracts 27 GW of solar, wind, battery proposals
  • 9 minutes Why Oil could hit $100
  • 19 mins COVID is real now
  • 2 hours The Quad naval alliance forming.
  • 2 hours The Grey Lady has fallen (further into irrelevancy)
  • 10 hours Is The Three Gorges Dam on the Brink of Collapse?
  • 1 day Where is Alberta, Canada headed?
  • 2 hours During March, April, May the states with the highest infections/deaths were NY, NJ, Ma. . . . . Today (June) the three have the best numbers. How ? Herd immunity ?
  • 4 hours The Boris Yeltsin of America
  • 2 days Why Putin is popular in Russia
  • 14 hours Is the oil & gas industry on the way out?
  • 1 day Joe Biden offers advice to correct the public health
  • 1 day There Has Been No Trump Manufacturing Boom Even Before Covid
  • 2 days Fauci: "USA will soon have 100K new cases per day". Trump re(p)-lies: "The problem has been fixed"

Algae Growing on Investors as Technology Advances

It’s been a long and challenging road, but algae biofuels are finally at the point where investors should take notice as technology advances and variety of strategic partnerships—from oil and gas to power utilities, agricultural processes and chemical plants--are replacing subsidies to eventually make the industry commercially viable on its own merits.

Algae produces some carbon dioxide when burned, but it takes the same carbon dioxide in to grow. So when algae farms grow massive quantities to be turned into biofuels, the end result is that they actually suck greenhouse gas out of the air. It also has other advantages over biofuels from corn or soybeans, in that it does not require soil or fresh water to grow. It also has the potential to produce more energy per hectare than any land crop.

Currently, high cost of capital and operations limit bio-based materials and chemicals to a few facilities located where corn and cane are plentiful and cheap. Algae can change that.

All that’s been missing is the necessary technology to harness mass production.

A recent study put out by the respected energy research firm SBI predicts a compound annual growth rate of 43.1% and a $1.6 billion market in 2015 for algae biofuels. That is double digit growth for the emerging industry, which is receiving a sizable development boost as strategic partnerships are gradually replacing the millions in loans from the US Department of Energy since 2009.

SBI’s…




Oilprice - The No. 1 Source for Oil & Energy News