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Today the Department of Energy’s Bioenergy Technologies Office is hosting a workshop at Arizona State University to strategize how to bring algae-based fuels into commercial production as quickly as possible.

ABO will be attending the workshop and looks forward to discussing how far the industry has come in just the past few years and what needs to be done to take advantage of algae’s potential to meet so many of our energy and environmental challenges. Included in the discussions will be an assessment of the National Algal Biofuels Technology Roadmap (PDF).

An agenda of the event is available here (PDF).

Another workshop will be held in the spring, and if you would like to participate you can find contact information on DOE’s website on the event.

On Monday the United Stated Department of Agriculture announced the availability of $181 million in loan guarantees to develop commercial-scale biorefineries or retrofit existing facilities with appropriate technology to develop advanced biofuels.

Algae-related projects have qualified for this type of financing in the past, and ABO member companies should carefully examine this program.

In 2011, USDA provided Sapphire Energy a $54.5 million loan guarantee to build a refined algal oil commercial facility. Sapphire’s Green Crude Farm is now producing renewable algal oil that can be further refined to replace petroleum-derived diesel and jet fuel. More than 600 jobs were created throughout the first phase of construction at the facility, and 30 full-time employees currently operate the plant.

With additional equity from private investors Sapphire was able to repay the remaining balance on its USDA-backed loan earlier this year.

Applications for biorefinery assistance are due by January 30, 2014.

More information about how to apply is available in the October 2, 2013 Federal Register announcement.

Sincerely,
Mary Rosenthal
Executive Director
Algae Biomass Organization

On Monday the United Stated Department of Agriculture announced the availability of $181 million in loan guarantees to develop commercial-scale biorefineries or retrofit existing facilities with appropriate technology to develop advanced biofuels.

Algae-related projects have qualified for this type of financing in the past, and ABO member companies should carefully examine this program.

In 2011, USDA provided Sapphire Energy a $54.5 million loan guarantee to build a refined algal oil commercial facility. Sapphire’s Green Crude Farm is now producing renewable algal oil that can be further refined to replace petroleum-derived diesel and jet fuel. More than 600 jobs were created throughout the first phase of construction at the facility, and 30 full-time employees currently operate the plant.

With additional equity from private investors Sapphire was able to repay the remaining balance on its USDA-backed loan earlier this year.

Applications for biorefinery assistance are due by January 30, 2014.

More information about how to apply is available in the October 2, 2013 Federal Register announcement.

Sincerely,
Mary Rosenthal
Executive Director
Algae Biomass Organization

Washington, DC (September 20, 2013) – The Algae Biomass Organization (ABO) today encouraged the EPA to include  carbon capture and reuse (CCR) as an approved strategy for compliance under its New Source Performance Standard, a draft version of which was released today. The EPA’s draft, which places a heavy emphasis on geologic carbon capture and sequestration (CCS) as a viable method for power plants to reduce their emissions, comes just as commercial technologies developed by the algae industry are making it possible to use those same emissions for the manufacture of valuable, low-carbon products that can make emissions reduction a revenue generator rather than a waste disposal cost.

“It’s time to turn the lemon of carbon emissions into lemonade,” said Mary Rosenthal, Executive Director of the Algae Biomass Organization. “By transforming what is currently viewed as waste product into a new revenue stream, we can achieve a rare trifecta – overall emissions reductions, a return on investment, and job growth that comes with a new domestic industry for renewable commodities.”

Experts predict CCS methods could cost power plants as much at $60 per tonne of CO₂ to bury the emissions. Conversely, when algae companies use CO₂ emissions as an input, those emissions are no longer waste – they have a value. As such, algae reuse technologies offer a return on investment that will enable coal plants to meet emissions reductions targets and create a revenue stream in the process.

Encouraging the reuse of CO₂ emissions rather than their disposal underground is entirely consistent with previously established policies regarding waste management. In both the Waste Management Hierarchy and the Pollution Prevention Act of 1990, “pollution that cannot be prevented should be recycled in an environmentally safe manner, whenever feasible” and “and disposal or other release into the environment should be employed only as a last resort and should be conducted in an environmentally safe manner.”  Reusing, or recycling carbon dioxide into marketable commodities meets this definition.

Algae’s carbon reduction potential has already been demonstrated by research and in real-world production. A recent life cycle analysis (LCA) published in Bioresource Technologyshowed algae-derived gasoline reduced greenhouse gas emissions 68 percent over petroleum. The same analysis showed the energy returns of algae-derived biofuels are approaching those of petroleum. A previous LCA of biodiesel made from algae showed a 50 percent reduction in CO₂ emissions.

About the Algae Biomass Organization

The Algae Biomass Organization (ABO) is a 501 c(6) non-profit whose mission is to promote the development of viable commercial markets for renewable and sustainable commodities derived from algae. Its membership is comprised of people, companies and organizations across the value chain. More information about ABO, including its leadership, membership, costs, benefits and members and their affiliations, is available at the website:www.algaebiomass.org.