Algae News Wrap Up: A snapshot of the global ethanol market and news from the U.S Navy

Pike Research reports on the U.S and Brazilian ethanol markets and states that globally the ethanol industry was worth $66 billion dollars in 2011.

New Energy World Network (NEWNet) reports that The U.S. Navy has run successful tests for a new shipboard fuel blending petroleum and renewable marine diesel derived from algae. The algal fuel was developed by Solazyme, Inc., a renewable oil and bioproducts company, as part of a strategic defense effort to reduce dependence on imported fuel.

Biofuel Digest release a summary of the State of the Advanced Biofuels Industry, sharing highlights from the World Biofuels Markets in Rotterdam.