Greener Dawn Research releases 90-page algae biofuels report

In California, Greener Dawn Research released its 90-page report on the emerging algae-to-biofuels field. Greener Dawn examines the opportunities and challenges of the nascent industry, and features insight on the eight major algae-to-fuel companies nearing commercialization. The eight profiled companies include Algenol, Aurora, Livefuels, PetroAlgae, Sapphire, Seambiotic, Solix, and Solazyme.

The report addresses the key question – “Can algae based biofuels compete as a substitute to fossil fuel based crude oil?”

“To grow enough corn to produce a sufficient amount of ethanol to replace petroleum, the U.S. would need to plant corn on roughly one-third the total land area of the country. To grow enough soy to generate sufficient biodiesel, the U.S. would need to plant more than the entire land area of this country,” said George Santana, Greener Dawn Director of Research. “Algae biofuel would require the land area of just Wisconsin to replace petroleum. Due to increased productivity, algae based fuel has the potential to be a revolutionary breakthrough.”

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