WSJ names algae one of “5 Technologies That Could Change Everything”
In New York, the Wall Street Journal identified algae-based biofuels as one of “Five Technologies That Could Change Everything” that will be the major breakthroughs that “could radically change the world energy picture.” The article identified the five game-changing technologies as: Space-based solar power, advanced car batteries, utility storage, carbon capture and storage, and next-geneeration biofuels.
On next-gen biofuels, the Journal opined: “Researchers are devising ways to turn lumber and crop wastes, garbage and inedible perennials like switchgrass into competitively priced fuels. But the most promising next-generation biofuel comes from algae…But it’s early. Dozens of companies have begun pilot projects and small-scale production.”
The $176 million South Korean algae-to-ethanol project announced by Kumho Petrochemical is another sign of fast development. We are also expecting news from Algenol in the next few weeks on their latest moves, while Digest sources say that a major announcement from another algal biofuels company is imminent in the next 48 hours.
More algal biofuels news
Algae repositions as biofuels’ “humble but lovable” feedstock: industry gathers in positive, but low-key annual Algal Biofuels Summit
New algae project at North Carolina State goes forward, Old Dominion project in Virginia proposed
National Algae Association to gather in Tennessee for workshop on open pond production
Pacific Rim Summit to feature algae biofuels program
Blue Marble Energy, Bionavitas to produce renewable chemicals from algae
Bioenergy Australia to host biomass conference with algae focus in December
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