Algae the New Oil – 2010 Forecast

The Futurist’s Magazine’s Top 10 forecasts for 2010 says Algae may become the new oil. According to researchers at a Department of Energy plant in New Mexico, single-celled microalgae, grown in pond water, produce a biofuel that is lead-free and biodegradable, emits two-thirds less carbon dioxide and other pollutants than gasoline, and can run any modern diesel engine. Even better, algae require only a fraction of the land area of biofuel-producing crops.

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OriginOil Reveals Algae Production Model

The National Algae Association’s (NAA) quarterly conference applauded OriginOil’s presentation of a first-ever comprehensive algae production model, developed with the Idaho National Laboratory (INL) of the Department of Energy under its collaborative research agreement with OriginOil.

At the end of the presentation, CEO Eckelberry outlined plans to share this first-ever interactive model for algae production through a process of publishing various calculators on the company’s website and also making the detailed model available to researchers.

Should further stimulate interest in algae to oil prroduction.

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Origin Oil to develop Algae to Jet fuel

Origin Oil  forms Alliance with Japanese firm  to develop Algae to Jet fuel:

OriginOil, Inc. (OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, announced that the company has agreed to partner with Research Institute of Tsukuba Bio-Tech (RITB), recently approved for funding to develop algae to jet fuel applications by Japan Science & Technology Agency (JST).

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