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Saturday, June 21, 2008

Algae to Fuel Plant in Holland, Michigan - Sequest LLC

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Holland (Michigan) may be in line for a $7 million state-funded pilot project to combine wastewater and carbon dioxide to grow algae for biofuel and animal feed.

Lawmakers are expected this month to complete work on grants for targeted industries worth hundreds of millions in coming years. That comes on top of film-production incentives that are drawing dozens of movie projects to Michigan at an estimated cost of $100 million.

In Holland, representatives of Bloomfield Hills-based Sequest LLC toured the city's wastewater and coal plant as a prospective site for its plan to divert carbon dioxide from the power plant, combine it with treated wastewater, and grow algae. The algae would then be converted to biofuels and other uses.

No one has done before. But if it works, Sequest CEO Bob Truxell believes it could help transform the world energy equation.

Source

Nature gave us oil from algae; perhaps we should try Nature's way again

Comments:
Biofuels made from algae and non-food crops as well as agricultural wastes will certainly attract the most investment to make them available on a commercial scale.

I think second generation biofuels will attract the most attention both commercially and from policy makers.

Also my report,The European Biofuels Challenge, is available at http://www.reportbuyer.com/go/RBY00011. It looks at some new entrepreneurial activity in the area.
 
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