Office Rumors

Office Rumors Blog – “Better reading this than the insides of your eyelids!”

Posts Tagged ‘Algae

New Firm to Develop Algae-Based Fuel

leave a comment »

A new company called AXI, LLC is looking to develop next-generation algae that makes the production of biodiesel more economical. Specifically, the company looks to algae as

[having] the potential for producing vast quantities of biostock for conversion into biofuels for transportation and heating. Our proprietary methodology for developing specific growth and productivity traits will help any algae production system improve its output of inexpensive, oil-rich algae as the raw material for the production of biofuel.

Further information about the company, as seen on AXI’s company profile is as follows:

AXI is a University of Washington spin-out Company created in partnership with the founders, the University and Allied Minds, Inc.  Allied Minds is a seed investment company creating partnerships with key Universities to fund corporate spin-offs resulting from successful early stage technology research.

This is interesting, as I have documented that algae may be one of the most promising “alternative” energy source in development (see prior posts “Algae Based Biofuels Are The¬†Future“, and more recently “Alternative Fuels“).

Also, it is an example of the type of firms that venture capital has been flooding to, as I discussed in a June 10th post.

Written by walonline

August 15, 2008 at 2:13 pm

Alternative Fuels

with one comment

Popular Mechanics offers a look at the most promising alternative fuels being developed.

  • Cellulosic Ethanol–Biological Method
  • Cellulosic Ethanol–Gasification Method
  • Algal Biodiesel
  • Green Gasoline
  • Biobutanol
  • Designer Hydrocarbons
  • Fourth-Generation Fuel

What is interesting to note is that none of these alternatives has been rolled out on a large enough scale to matter, yet. This is why it is very important to supplement our R & D of alternatives with new oil well development. Also, those in favor of wind use will first need to develop a 21st century energy grid to transfer power to where its needed both from wind and whatever other method is being used to make up any slack (ie when the wind isn’t blowing).

Of these, I’m in favor of the algal biodiesel, which I’ve talked about before.

Written by walonline

August 13, 2008 at 9:46 am

Algae Based Biofuels Are The Future

with one comment

As noted a number of times previously at this blog (recently and in April), Corn and other plant-based (in this context meaning seed, dirt, sprout, etc.) biofuels are not efficient. The are horrible polices that help politicians get elected, but ruin all sorts of markets.

The blog Triplepundit has a very interesting article on biofuel that could potentially help our fuel issues with the benefits of far less-destructive environmental and world food market effects. Here are some of the Algae details:

It also produces lipids, or the equivalent of vegetable oil. Depending on the species, 50% of it’s body weight is these lipids. And they can select for certain algae strains that are particularly suited for making jet fuel or diesel, which most long haul trucks use.

[…]

Algae, even in a regular, horizontal, open pond system, can produce up to 20,000 gallons of oil per year.

Based on previous parts of the article, this system is assumed to take up one acre of land, as comparisons have been 18/gallons from corn and 700-800 from palm oil. All of the waste can be reused as well:

With algae biofuel production, they can take what remains after extracting the oil, and put it to use as feed stock for animals, as a component of fertilizer, and even to produce even more biofuel.

I believe most people would be in favor of fuel that is cleaner on a lifecycle basis, and has less of a wide-ranging impact. Algae, at this point, looks to do just that, and would be a very valuable addition to our nation’s energy “portfolio.”

Written by walonline

July 31, 2008 at 8:16 am

Carbon-Neutral Oil? Its Renewable too!

leave a comment »

Google’s Autopia blog has an interesting post on a San Diego start-up that plans to use algae to make oil that can be refined into gasolines. In addition to that, it will be carbon neutral, renewable and they’ll roll out 10,000 barrels a day within five years. Even though 10,000 barrels isn’t much (the US consumes about 20 million every day), a movement towards technologies such as these sound very interesting. Here’s the meat of it, from the CEO:

Company CEO Jason Pyle says the algal oil is chemically identical to light sweet crude and compatible with America’s $1.5 trillion petroleum infrastructure, making it a direct replacement for oil. Although the algal fuels refined from it emit as much carbon dioxide as conventional fuels, the company says the emissions are offset by the photosynthetic process that uses sunlight, water and C02 to create algal crude.

Critics say they want to see what it can really do after the production and burn processes are perfected. “Even if it is carbon neutral, the algal fuels will emit pollutants that contribute to smog and ozone, says Don Anair of the Union of Concerned Scientists.”

It would be very interesting to see the government or big oil get behind some technological frontiers in the way the Kennedy Administration spearheaded the race to the moon through NASA. When the best and brightest are pulled together, this country has come up with some pretty spectacular stuff.

Written by walonline

May 30, 2008 at 7:10 am

Posted in Energy

Tagged with , , ,