Potential of Algal fuel Technology in IT sector
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Algal fuel or algae-based biofuel holds “great promise,” due to its energy potential,” King said, adding that algae contains up to 30 times more fuel than equivalent amounts of other biofuel sources and can be grown almost anywhere.
Still, he acknowledged, “for now, it’s far too expensive to produce commercially.”
Where all the research goes depends largely on funding. The U.S. government spends less in inflation-adjusted dollars on alternative-energy research than it did in the 1970s, particularly in the area of geothermal technology.