Sentences with phrase «algae fuel»

"Algae fuel" refers to a type of renewable energy made from algae, which are tiny, plant-like organisms found in water. These algae can be processed to create a fuel that can be used in vehicles or machines as an alternative to fossil fuels like gasoline or diesel. It is a cleaner and more sustainable option to help reduce pollution and dependence on non-renewable resources. Full definition
But if oil prices rise enough for algae fuels to be cost effective, scientists hope to use what they've learned from that process to make biofuels that are both clean and profitable.
Now if they can begin to sell green algae fuel, that will push gasoline price lower and things will look brighter.
2013 is a year where algae fuel makers are finally starting to try to reach scale where they can compete with oil.
Why does algae fuel take so long to scale?
Solazyme is also retooling an Archer Daniels Midland factory in Clinton, Iowa to produce another 100,000 metric tons of algae fuel per year domestically.
While the report offers no surprises for commercial algae fuel producers, it is welcoming to see attention from an academic institution, said Stephen Mayfield, director of the Center for Algae Biotechnology at the University of California, San Diego.
Yesterday the House passed a bill that gives $ 1.01 per gallon tax credit to algae fuel producers.
More on Algae Fuel Cost - Competitive Algae Jet Fuel Just Months Away: Pentagon World's First Flight Powered by 100 % Algae Biofuels Completed First Commercial Algae - to - Biofuels Facility Goes Online
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So how long would it take before people can gas - up with algae fuel?
Yet a third player in the emerging algae fuel market is Synthetic Genomics, the brainchild of genomics guru Craig Venter, who beat the U.S. government in sequencing the human genome and at a fraction of the cost.
Fossil fuels can produce up to six times more energy than even the most efficient algae fuels, as a ratio of output to the input energy.
They just have to feed the co2 expels into harvesting and feeding and heating green algae fuels instead of releasing the co2 into the atmosphere like the do actually.
Windows Money for Algae Fuels Bill Gates» Cascade Investment is putting money in Sapphire Energy, one more firm (see 15 Algae Biofuels Startups to Watch) trying to make second generation biofuels out of algae.
Algae fuel startup Sapphire Energy is in the process of raising $ 144 million to build out its first commercial demonstration plant in New Mexico.
When eventually built out it will produce 100 barrels of algae biofuel a day, and currently the five - year - old startup is making algae fuel on ponds across about 100 acres.
Federal researchers from the U.S. Department of Energy report that it would take only 15,000 square miles — less than 1/7 the area now used to harvest all the corn across the country — to produce enough algae fuel to replace all of our petroleum fuel.
Another company ready to make the leap into commercial scale production of algae fuel is Sapphire Energy, which operates a 2,200 acre algae farm in New Mexico where oil is harvested across 70 open ponds and refined on site.
Using salty and leftover water While the report does highlight concerns, Williams sees the guidance and framework included in the paper as a «green light» for algae fuels.
California's Solazyme is building an algae fuel factory in Brazil in partnership with food processing giant Bunge and expects to manufacture 100,000 metric tons of fuel there each year.
Willson predicts his company's algae fuel (and its coproducts, which are to be sold for animal feed) will be cost - competitive with petroleum diesel within five years.
Historically, commercial companies have outspent universities and the federal government at least 10 - to - 1 in research of algae fuels, an inverse pattern compared with investment for other forms of biofuels.
Algae fuel is likely decades from powering our vehicles, which is one of the reasons that federal lawmakers already are focusing on tax breaks for companies in the field.
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