• 4 minutes Some Good News on Climate Change Maybe
  • 7 minutes Cuba Charges U.S. Moving Special Forces, Preparing Venezuelan Intervention
  • 12 minutes Washington Eyes Crackdown On OPEC
  • 15 minutes Solar and Wind Will Not "Save" the Climate
  • 20 hours Most Wanted Man In Latin America For AP Agency: Maduro Reveals Secret Meetings With US Envoy
  • 1 min L.A. Mayor Ditches Gas Plant Plans
  • 6 hours is climate change a hoax? $2 Trillion/year worth of programs intended to be handed out by politicians and bureaucrats?
  • 2 hours students walk out of school in protest of climate change
  • 1 hour Prospective Cause of Little Ice Age
  • 1 day Amazon’s Exit Could Scare Off Tech Companies From New York
  • 21 hours And for the final post in this series of 3: we’ll have a look at the Decline Rates in the Permian
  • 2 hours *Happy Dance* ... U.S. Shale Oil Slowdown
  • 7 hours Ford In Big Trouble: Three Recalls In North America
  • 1 day And the War on LNG is Now On
  • 4 hours Is the Green race a race from energy dependence.
  • 7 hours Why Is Japan Not a Leader in Renewables?
John Daly

John Daly

Dr. John C.K. Daly is the chief analyst for Oilprice.com, Dr. Daly received his Ph.D. in 1986 from the School of Slavonic and East European…

More Info

Has Algae.Tec Cracked Algae's Biofuel Pricing Ability to Compete with a Barrel of Oil?

Amidst the relentless promotion of renewable biofuel alternatives to traditional fossil fuel hydrocarbons, the three leading contenders are jatpropha, camelina and algae.

But among the many barriers holding back industrial production of biofuels is that no company up to now has yet figured out how to produce a gallon of biofuel at a price that can compete with gasoline.

Apparently until now, if press releases by Algae.Tec are anything to go by. The company, founded only three years ago, has offices in Atlanta, Georgia and Perth, Western Australia.

Algae.Tec founders, Earl McConchie and Roger Stroud, have been involved in the biofuel industry since 1999 and have developed a high-yield enclosed algae growth and harvesting system, they labeled the McConchie-Stroud System, which uses low-maintenance technologies and an efficient solar system to produce algae in one-tenth of the land surface as compared to the current pond methods for producing algae. The McConchie-Stroud System photo-bioreactors produce oils which can be refined into biodiesel, sugar carbohydrates that can be used in the production of ethanol, proteins that can be used as feedstock for farm animals, and protein and carbohydrate biomass that can be combined to produce jet fuel.

Beating the PR drum for his company Stroud said, "Algae technology developed by the company has demonstrated exceptional performance, providing step-change improvements in productivity, product yield, carbon dioxide…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin



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