Page added on February 5, 2007
Relatively high oil prices, advances in technology, and the Bush administration’s increased emphasis on renewable fuels are attracting new interest in a potentially rich source of biofuels: algae. A number of startups are now demonstrating new technology and launching large research efforts aimed at replacing hundreds of millions of gallons of fossil fuels by 2010, and much more in the future.
Algae makes oil naturally. Raw algae can be processed to make biocrude, the renewable equivalent of petroleum, and refined to make gasoline, diesel, jet fuel, and chemical feedstocks for plastics and drugs. Indeed, it can be processed at existing oil refineries to make just about anything that can be made from crude oil. This is the approach being taken by startups Solix Biofuels, based in Fort Collins, CO, and LiveFuels, based in Menlo Park, CA.
Technology Review
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