Algae Biofuel Still About A Decade Away From Competing With Gasoline

September 29, 2009

Biofuel from algae has several key advantages over ethanol typically made from corn or another feedstock. Growing it doesn’t require the use of agricultural land or consume as much water as a field of corn or sugar cane.

But more importantly, it has the potential to return 3 times the energy needed to produce it. Compare that with ethanol’s return of 1.3 times. (Gasoline made from petroleum is a net consumer of energy, returning only eight-tenths of the energy needed to extract and refine it.)

The marine agriculture necessary to grow algae in commercial volumes is still evolving

The marine agriculture necessary to grow algae in commercial volumes is still evolving

These benefits are behind the renewal of interest in algae that has taken place over the past five years. But the hopes of bringing algae biofuel to the market soon may have to wait.

Another three to five years will be needed to master the marine agricultural techniques required to grow algae in the volumes and concentrations necessary to make harvesting biofuel feasible. And it will be seven to 10 years before the fuel is plentiful enough to be a serious substitute for gasoline.

These are the predictions of John Travers, chief executive of AER Limited, an Irish maker of an enzyme technology used to convert raw algae into sugar, protein and oil.

Travers says the main hurdle is in learning the nuances of algae cultivation. Algae require the right amount of sunlight, nutrients and growing conditions. If the organisms grow too quickly, they use up all their food.

“People have been growing corn for a long period of time,” he says. “Marine agricultural knowledge is still evolving.”

Also evolving is the science necessary for converting algae to fuel. During a large-scale August test in a 100-liter container, AER’s enzymes were able to convert algae into sugar, protein and oil with some concentrations from 50 to 80 percent.

“We are ready to go to market next year,” says Travers. Let’s hope some of the growers come along at an equally fast pace.


Algae Scientist With Google Grant Gets Millions From NASA

September 21, 2009

NASA has decided to pony up millions of dollars for a scientist’s schme to grow algae in plastic bags floating in the ocean to harvest biofuel and treat sewage.

The scientist, Jonathan Trent, declined to say exactly how much NASA has earmarked for the project. But he said on Saturday that the last minute funding came after he pitched his plan to big name venture capitalists Vinod Kholsa of Khosla Ventures and Steve Jurvetson of Draper Fisher Jurvetson.

Jonathan Trent pitched his project to Vinod Khosla and Steve Jurvetson

Jonathan Trent pitched his project to VCs Vinod Khosla and Steve Jurvetson

Both had turned him down, though Trent did receive a $62,000 early funding grant from Google.

The ambitious – and still experimental – proposal has a remarkable pair of environment benefits. It has the ability to produce a high quality fuel to replace gasoline and at the same time as cleansing municipal wastewater normally dumped in the ocean. And it does so without transferring farm fields from food production, as other biofuels initiatives require.

Trent, who developed the proposal while working at NASA, says the algae will sequester the greenhouse gas CO2 from the atmosphere while producing a useful by product: agricultural fertilizer. The ocean will regulate the temperature of the algae cultures without using fossil fuel energy and waves will tackle the necessary task of stirring the mixture.

By using plastic bags with a semi-permeable membrane, cleaned water will flow on into the ocean, leaving behind a concentrated mixture of algae and fuel.

Trent says the project isn’t yet financially competitive with the price of oil, but notes it is at an early stage. He says he is working to design the right plastic bag and on a system to protect the bags from storms at sea, perhaps by sinking them below the agitated surface currents.

Because he is using freshwater algae, a project disaster would have little consequence. If the algae were to escape the plastic bag, the salt of the ocean would kill them.

The project is named OMEGA, an acronym for offshore membrane enclosures for growing algae.


Cleantech Investments Hit Record $8.4 Billion In 2008

January 7, 2009

According to San Francisco, Calif.-market research firm Cleantech Group, venture capital investment in clean technology fell 35% in the fourth quarter, compare to last year’s figure, to $1.7 billion.

Although its both the steepest quarterly drop in two years and the smallest amount invested in six quarters, 2008 was a good year for U.S. cleantech startups, raising $5.8 billion in 241 “disclosed” investment rounds, up 56% from 2007.

All in all, VC investments in cleantech hit a record $8.4 billion, up from $6.1 billion in 2007. Solar continued to account for the lion’s share of investments with 40% of the total, followed by biofuels, transportation and wind.

Top investors included Khosla Ventures, which participated in 21 disclosed rounds, and Kleiner Perkins, which participated in 18. Vinod Khosla, founder of Khosla Ventures and former lead of KP’s clean tech practice, is one of the pioneer in clean-tech investing.


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