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 […]
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USDA Funding for Advanced Biofuels Projects
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 Funding for Advanced Biofuels Projects
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, […]
Algae Biomass Organization Encourages Carbon Capture and Reuse (CCR) in addition to Carbon Capture and Sequestration (CCS) as Approved Strategy for Compliance with New Emissions Rules for Power Plants
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) […]
Algae Biofuel Can Cut CO2 Emissions up to 68% Compared to Petroleum Fuels Finds New Peer Reviewed Study
Algae fuel will have a significant energy return on investment, consume waste CO2 and can be grown in saltwater on marginal lands MINNEAPOLIS (September 19, 2013) –Algae-derived biofuel can reduce life cycle CO2emissions by 50 to 70 percent compared to petroleum fuels, and is approaching a similar Energy Return on Investment (EROI) as conventional petroleum according […]