Chevron and National Renewable Energy Laboratory announce algae research project
Chevron Corp. and the U.S. National Renewable Energy Laboratory announced an algae-based biodiesel research project. The project will focus on development of high-lipid content strains of microalgae.
NREL closed down an 18-year algae research effort in 1996 after concluding that the technology was commercially viable, but increases in oil prices have changed their thinking.
Numerous algae ventures have been in the news lately, with ventures such as PetroSun, Solazyme, Valcent and GreenFuel working on ventures which are primarily located in Arizona and Georgia.
More information emerged regarding the 100,000 gallon per acre projections from Vertigro for its algae-based biodiesel production system developed by Valcent, which developed a system for growing algae on a commercial scale for Vertigro, projects that it can supply the whole of US gasoline consumption off 2,817 square miles of cultivation.
Chevron Technology Ventures has recently partnered with Georgia Tech, C2 Biofuels, the Georgia Research Alliance and one of the U.S. Department of Energy’s new BioEnergy Research Centers to explore the production of biofuels from forest products.
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