- Image by Lutz-R. Frank via Flickr
We have all heard of the Green Energy Initiatives of our new President Obama. But did you also know it has sparked a gold rush of sorts? Grant money is available by the truckloads to inspire would be inventors and entrepreneurs to enter the green fuels industry. With all the focus on the next generation feedstock for fuel Algae is a front runner.
1. Algae Oil Prices are rising
The Algae race is on, DARPA has been doling out cash for algae oil and the price is on the rise. Exxon just invested 600 million dollars in their own algae project. Currently commercial production of algae oil is minimal at best, but the oil is still needed for further research purposes. So if you have it, you can sell it.
2. Algae Cake is Being Used for Bio-Ethanol
The Algae cake is now being looked at for own worth as it applies to bio-ethanol. The process of fermentation is used to produce this bio-ethanol. With the price of fuel on the rise again this process offers investors robust returns. Algae grow fast. Algae can be grown especially well in desert states and the fermentation process is already well documented in the beer industry.
3. Companies are Investing
Green companies that want to diversify their holdings and create solutions for the next generation of renewable transportation fuels are investing heavily. Countries from all over the world are calling our office to look for advice on the best photo-bioreactors to buy. Our best advice is to make one, start tinkering at home or at the shop and come up with a simple design which will please investors, grow algae and stand up to harsh weather conditions hot or cold. These are certainly great reasons to start making algae photobioreactors at home.
Soon this technology will be in high demand, especially designs that will be easy to implement, low cost, and offer decent return on investment. Algae Biofuel will play a very important part in meeting the worlds growing energy need, Algae has a place in not only our past, but in our future as well.
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Vic G. has been a long proponent of bio-fuels from algae and produces bio-fuel for his own vehicles. He is currently helping others discover algae based fuels as a solution to high fuel prices. He can be contacted at info@algae-book.com: http://algae-book.com/ This is a “Shareware” Article
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I would like to see a financial comparison between creating ethanol from algae versus other sources of ethanol. Yes it would be a great discovery if it is cost competitive as well as energy efficient.
If it’s true, algae can help us lessen our problem when it comes to energy sources. No doubt, it’s far less than the normal sources of energy much appealing for consumers.
Who would have thought algae could be so useful? If we work at finding ways to cut our dependence on fossil fuels, like using algae, the world would be a better place.
.-= Michelle´s last blog ..A Look At EPA And Hybrid Car Ratings =-.
We should really be thinking about finding better sources of energy and electricity these days.
Even a dams should be replaced. Did you know that a lot of provinces in north Philippines are flooded because the dams overflowed.
If possible we should all harness energy from winds and the sun.
.-= meandthecomputer´s last blog ..Desktop vs Laptop =-.
Nice research result! I actually never thought that algae can be a good source of energy. If I’m not mistaken, I only heard about water lilies. Hopefully, this research will be supported by our government. That’s what we really need.