Page added on October 23, 2008
The world’s biggest publicly funded project to make transport fuels from algae will be launched today by a government agency which develops low-carbon technologies.
The Carbon Trust will today announce a project to make algal biofuels a commercial reality by 2020. The plan could see up to
Mark Williamson, innovations director at the Carbon Trust, said: “We must find a cost-effective and sustainable alternative to oil for our cars and planes if we are to deliver the deep cuts in carbon emissions necessary to tackle climate change. Algae could provide a significant part of the answer and represents a multibillion-pound opportunity.”
Algae produce a range of chemicals depending on their species and the environmental conditions in which they grow. View how the process works here. Scientists hope to find strains that can produce oils that could be used to make fuel for cars, as a replacement for petrol and diesel. Once identified, these algae could be grown in large amounts and processed to extract the useful oils.
The Carbon Trust forecasts that algae-based biofuels could replace more than 70 billion litres of fossil fuels used every year around the world in road transport and aviation by 2030, equivalent to 12% of annual global jet fuel consumption or 6% of road transport diesel. In carbon terms, this equates to an annual saving of more than 160m tonnes of CO2 globally with a market value of more than
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