Support for algae as a form of fuel gaining support

ROCKVILLE, MD, /24-7 - GHN News
-- More and more companies this year are looking into the world of
biofuels given the concerns about the oil industry following the oil
spill in the Gulf of Mexico.

In the year of the oil spill in the Gulf of Mexico, the issue of alternative fuels is being examined by many.

2010 is also officially the year of
the autotrophic organism as dozens of companies and academic
laboratories race to transform algae into a source of viable green
energy, according to Algae Biofuels Production Technologies Worldwide by
leading industrial market research firm SBI Energy.



Research involves genetic
engineering and other biological techniques that create chemically
induced mutations to improve how algae functions.  It is to rather
domesticate algae,  so that it can convert sunlight and carbon dioxide
effectively into lipids and oils that can be sent to a refinery and
become used as replacements for gasoline, jet fuel, and ethanol and
other chemicals as well.



"Algae can be cultivated and
harvested in support of a wide array of biofuel products. In addition,
algae biofuels systems hold promise to enable rapid production of high
quality, high throughput biofuels systems in support of carbon emissions
reductions targets, and in support of clean fuel production," says
Robert Eckard, SBI Energy analyst and author of the report. "The U.S.
Department of Energy's recent $24 million commitment to a trio of
research groups determined to bring algae biofuels to market indicates
just how much potential this industry holds."



Presently the algae biofuels
industry is primarily pursuing demonstration pilot programs for the use
of algae biofuels.  These are expected to continue through 2015.



The target goal will evolve in concert with European and Asian markets, all of which are exploring algae cultivation systems.



More than a dozen projects with over $25 million in algae cultivation system costs are reported projected through 2015.   Many involved are the oil companies themselves.



This is a hot topic, reported not
long ago by the New York Times like this: " In the search for
replacements, biofuels have attained the greatest political momentum, in
part because they promise lucrative new markets for farm products. In
the United States, Congress had adopted extensive mandates and subsidies
to get a biofuels industry off the ground, and other countries have
also adopted renewable-fuel policies."



Biofuels are getting strong attention from the Obama administration in its examination of energy alternatives.



Algae Biofuels Production
Technologies Worldwide is looking towards the future in algae biofuels
production technologies as the alternative to environmental pollutants and the answer to going green.