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Green Tide Algae showing promise as alternative fuel helping dirtier fuels clean up.

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Presentation on theme: "Green Tide Algae showing promise as alternative fuel helping dirtier fuels clean up."— Presentation transcript:

1 Green Tide Algae showing promise as alternative fuel helping dirtier fuels clean up

2 History G 1978 Aquatic Species Program G US Department of Energy G Energy from Algae --> Biodiesel from Algae G Discontinued 1996 G Report of DOE findings in 1998 G Current research in Private Sector G 1978 Aquatic Species Program G US Department of Energy G Energy from Algae --> Biodiesel from Algae G Discontinued 1996 G Report of DOE findings in 1998 G Current research in Private Sector

3 Key Players G Various Startup Companies G Solazyme G PetroSun G GreenFuel G Algal Biomass Organization G Various Startup Companies G Solazyme G PetroSun G GreenFuel G Algal Biomass Organization

4 About the ABO G Mission Statement The Algal Biomass Organization promotes the development of viable commercial markets for renewable and sustainable commodities derived from microalgae. G Mission Statement The Algal Biomass Organization promotes the development of viable commercial markets for renewable and sustainable commodities derived from microalgae.

5 The Great Green Hype G Consumes CO2 G Pressed into Biofuel G No competition with food crops G Biproducts G Oxygen G Useful Solid Materials G Consumes Fewer Resources than other options G Dirty fuel to clean fuel? Dirty fuel to clean fuel? G Consumes CO2 G Pressed into Biofuel G No competition with food crops G Biproducts G Oxygen G Useful Solid Materials G Consumes Fewer Resources than other options G Dirty fuel to clean fuel? Dirty fuel to clean fuel?

6 The Great Green Hype G $2 billion venture capital for alternative energy startups + + >

7 Other benefits

8 Potential Problems G Not enough green for the green! G More R & D needed G High Yield Strain G Efficient Cultivation G Protecting Monoculture G Not enough green for the green! G More R & D needed G High Yield Strain G Efficient Cultivation G Protecting Monoculture

9 Conclusions G Great Potential for Biofuel G Large Company Interest Shows Promise G Large amounts of money being dedicated to alternative energy G Compatible with current technology G Will not happen over night G Great Potential for Biofuel G Large Company Interest Shows Promise G Large amounts of money being dedicated to alternative energy G Compatible with current technology G Will not happen over night

10 References G http://www.youtube.com/watch?v=sBJ66Oim_Xw http://www.youtube.com/watch?v=sBJ66Oim_Xw G http://en.wikipedia.org/wiki/Algae_fuel http://en.wikipedia.org/wiki/Algae_fuel G http://www.usnews.com/articles/business/technology/2008/0 7/25/the-next-generation-of-alternative-energy.html http://www.usnews.com/articles/business/technology/2008/0 7/25/the-next-generation-of-alternative-energy.html G http://www.algalbiomass.org/ http://www.algalbiomass.org/ G http://www.biomassmagazine.com/article.jsp?article_id=1699 http://www.biomassmagazine.com/article.jsp?article_id=1699 G http://www.youtube.com/watch?v=sBJ66Oim_Xw http://www.youtube.com/watch?v=sBJ66Oim_Xw G http://en.wikipedia.org/wiki/Algae_fuel http://en.wikipedia.org/wiki/Algae_fuel G http://www.usnews.com/articles/business/technology/2008/0 7/25/the-next-generation-of-alternative-energy.html http://www.usnews.com/articles/business/technology/2008/0 7/25/the-next-generation-of-alternative-energy.html G http://www.algalbiomass.org/ http://www.algalbiomass.org/ G http://www.biomassmagazine.com/article.jsp?article_id=1699 http://www.biomassmagazine.com/article.jsp?article_id=1699


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