The Race is on for Algae Based Ethanol
Is algae based ethanol a viable alternative to food based ethanols? Several companies seem to think so and are moving forward with plans to develop the technology. A growing number of start-ups are betting against the dominant biofuel crops, corn and soy, and looking to sidestep the backlash against biofuels, which are being blamed in part for higher food prices and deforestation around the world.
Melbourne, Florida based PetroAlgae says that it hopes to test a commercial system as early as next year. The company licensed strains of freshwater algae bred by Arizona State University and is developing the bioreactors and harvesting methods to grow the algae at large scale, said Fred Tennant, PetroAlgae's vice president of business development. The algae harvested from open-pond farms can be converted to oil that can be refined into biodiesel. The remaining material can be sold as high-protein animal feed, Tennant said. Because algae needs a source of carbon dioxide to grow, PetroAlgae is seeking to set up joint ventures with electric utilities looking to reduce their carbon emissions.
"The laws that are being debated right now will change a power company's life. They will have to have a lot more renewable energy and get rid of CO2," Tennant said. "Any power company in the world will be happy to pay us to take their CO2 away."
There are several other companies pursuing a similar path to PetroAlgae. GreenFuel Technologies ran a multi-year program with Arizona Public Service to grow algae and is said to be close to closing a large algae biodiesel production deal in Europe. Solayzme is using fermentation, rather than photosynthesis, to grow algae oil that can be tuned for different purposes, such as jet fuel or edible oils. Another company, LiveFuels has said that it has a target of producing 100 million gallons by 2010 using genetic manipulation.
These companies are pursuing algae because its potential as a fuel is so promising: it's a non-food crop, removes large amounts of carbon dioxide from the air, and grows fast. Algae has a relatively high energy density compared to soybeans, which means more soy on more land needs to be planted for the same amount of fuel yield. "What's happening is there has been more focus recently on the food-versus-fuel debate, more focus on the price of feedstock, and more understanding that using an agricultural-based crop as a fuel is not sustainable," said Michael Weaver, the CEO and co-founder of Seattle-area algae startup Bionavitas. "We're seeing that reflected in the marketplace."
Similarly, many biofuels companies are trying to develop methods for making ethanol from wood chips, grasses, or agricultural wastes, rather than corn. But for all of algae's promise, the technology to make fuel still remains experimental. And the biggest challenge facing any biofuel company is cost, say algae company executives.
"Anybody can grow algae if cost is no object. Lots of algae companies have done a great job, but the system doesn't look like a massively scalable system," said PetroAlgae's Tennant.
PetroAlgae needs to have its farms located in sunny, hot places to speed up the drying process; their tiny algae strains are 98 percent water. He said the company envisions its pond farms will be deployed across 1 to 10 acres at a site that generates a lot of carbon dioxide.
Cooking oil is being purified and used as jet fuel.
The US military is turning to biofuels for the future searching for ways to limit dependence on foreign oil.
Solar power is becoming a more viable option for the masses these days as companies such as Green Mountain and Google are promoting huge public service movements on the solar energy platform.
Despite the softening world economies wind energy projects have remained popular and in demand. Global wind turbine markets have weathered recent economic storms with remarkable aplomb.
Google is making a stand for the environment and backing a large green energy project.