Technology

Benefits of Algae

Algae.Tec produces more oil and hydrocarbons per land mass than any other terrestrial crop, by orders of magnitude. The Algae.Tec system is capable of cultivating algae anywhere, including marginal land or industrialized locations. Current trends in higher oil prices, continuing escalation of fossil fuel consumption, and the accelerated depletion rate of petroleum reserves have led to advances in technology as a solution to global climate change. Renewable fuels have attracted further interest in algae as a potentially new source of sustainable biofuels.

 

1. Bracmort, K, 2013. Algae’s Potential as a Transportation Biofuel - Report for Congress. Specialist in Agricultural Conservation

2. Egardt, J., Lie, O., Aulie, J., Myhre, P., 2013. Project Blue Bio. University of Gothenburg, Chalmers University of Technology, Norwegian University of Life Sciences. USD/EUR Exchange Rate of 0.75 applied.

Share Price

A$0.061
0.000 (0.00%)
ASX Code: AEB