Orlando (October 2, 2013) - The 2013 Algae Biomass Summit, the world’s largest event focused on algae technology opened yesterday in Orlando, Florida. Hosted by the Algae Biomass Organization (ABO), industry leaders revealed new production capabilities and forecasts for commercial quantities of biofuels, feeds, Omega-3 oils, plastics and other products derived from large-scale, industrial algae agriculture operations.
Attention, fall fashioneers. Save up to 70% on carbon when you go with trendy, affordable algae biofuels.
In Minnesota, the Algae Biomass Organization announced that a peer-reviewed paper, published in Bioresource Technology, has shown that algae-derived biofuel can reduce life cycle CO2 emissions by 50 to 70 percent compared to petroleum fuels, and is approaching a similar Energy Return on Investment (EROI) as conventional petroleum.
Algae biofuel still has some catching up to do in the profitability department, but a first-of-its-kind study of a large scale algae biofuel operation puts it very close to petroleum in a key indicator of efficient energy production. That might come as a surprise given the heavy load of water, nutrients and other inputs required for conventional algae farming and refining, but we’re talking about a next-generation algae biofuel operation here.
Algae-derived biofuel can reduce life-cycle CO2 emissions by 50 to 70 percent compared to petroleum fuels, and is approaching a similar energy return on investment (EROI) as conventional petroleum, according to a new peer-reviewed paper published in Bioresource Technology. The study, which is the first to analyze real-world data from an existing algae-to-energy demonstration-scale farm, shows that the environmental and energy benefits of algae biofuel are at least on par, and likely better, than first-generation biofuels.
A new life cycle analysis by a team led by researchers at the University of Virginia has concluded that biofuel produced from algae via hydrothermal liquefaction (HTL) can reduce life cycle CO2 emissions by 50 to 70% compared to petroleum fuels, and also has energy burdens and GHG (greenhouse gas) emission profiles that are comparable to or better than conventional biofuels, cellulosic ethanol and soybean biodiesel.
TOKYO (September 4, 2013) –The Algae Biomass Organization (ABO), the trade association for the algae industry, and the Algae Industry Incubation Consortium, Japan (AIIC), a group working to commercialize algae biofuels in Japan, announced today a cooperative effort to share algae industry best practices and expertise that is commencing at the International Symposium on Algal Biomass being held September 5-6 at the Nomura Conference Plaza Nihonbashi in Tokyo, Japan.
Sapphire Energy Inc. has paid of its entire $54.5 million USDA loan guarantee. The company was awarded the guarantee in late 2009 under the USDA’s Biorefinery Assistance Program to support the construction of a fully integrated, algae-to-crude oil commercial demonstration facility in Columbus, N.M.
It's hard to get excited over a producer making a scant 2 barrels/day of crude. But in the case of Sapphire Energy, those barrels represent the beginnings of a potential revolution that it says could upend how the US produces oil. San Diego-based Sapphire is making what it bills as the world's first "renewable crude," cultivating algae at its New Mexico farm and converting it into light, sweet crude that -- just like the crude extracted from underground -- can be refined into gasoline, diesel and other products.
In what might be one of the first successful examples of an energy startup company making effective use of taxpayer guarantees, San Diego-based Sapphire Energy, which is developing algae-based crude oil technology, said it has completely paid of a loan guarantee from the U.S. Department of Agriculture. Sapphire Energy had been awarded $54.5M in a loan guarantee in December of 2009, to help build an algae-to-crude oil commercial demonstration facility in Columbus, N.M.
Events give policymakers and others first-hand look at algae developers and the technologies that can provide new and renewable sources of fuel, food and feed
Minneapolis MN (August 2, 2013) The Algae Biomass Organization (ABO), the trade association for the algae industry, announced today the kick off of its second annual “Summer of Algae”, a national campaign sponsored by ABO and implemented by member companies, to raise awareness about the promise of commercial algae production to create jobs, domestic fuels, feed and food products, as well as plastics and biochemicals. The series of open-house style events and news announcements will give local and national officials an opportunity to experience the research, products and jobs being created by leading algae companies and research institutions. The campaign officially begins at a special event today at Bigelow Laboratory for Ocean Sciences’ National Center for Marine Algae and Microbiota (NCMA) in East Boothbay, Maine.