Algae growth at the Algae Development & Manufacturing Centre in Atlanta
Current trends in higher oil prices, continuing escalation of fossil fuel consumption, the depletion rate, advances in technology development and governments’ increased focus on global warming and renewable fuels have attracted new interest in algae as a potentially rich source of sustainable biofuels.
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Since 2006 there has been an explosion in government, university and private-sector industry interest in algae as a renewable fuel. This is manifested in the form of millions of dollars of investment in research programs.
The Benefits of Algae as a renewable fuel source are significant:
- Represents the most efficient and fastest production cycle for converting solar energy and carbon dioxide into renewable and sustainable fuels.
- Effectively sequesters today’s atmospheric carbon dioxide, favorably balances greenhouse gas production and reduces the long-term impact of global warming.
- Produces orders of magnitude more oil and hydrocarbons per land mass than any terrestrial crop, and can be cultivated virtually anywhere.
- Hydrocarbons derived from algae production can be used to produce renewable biofuels for direct substitution of fossil fuels, reducing dependence on external supply.
- Non-competition with traditional food crops for fuel production, providing a long-term sustainable fuel source not derived from food source vegetable oils.
- Provides environmental solutions for recovery of toxic stackgas pollutants and remediation of polluted water streams.
- Biofuels derived from algae provide a significant reduction in vehicular exhaust emissions versus standard fossil fuels (gasoline and diesel fuel).
The above benefits highlight the primary drivers and provide the basis for Algae.Tec’s business strategy.
This post is also available in: German
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