Know All about Algae Fuels from Experts
Globally acclaimed market & industry report on the algae fuels industry
Comprehensive Algae Fuels Report - from Oilgae
First Published in 2008 and updated every year since then
According to Cynthia Warner, speaking at the Web 2.0 Summit in 2009, algae is 40 times more efficient at photosynthesis than any other plant, which makes it the king of bio-fuels.
Last year, 4% of the US transportation fuel supply came from corn based ethanol. It took 23 million acres to achieve that. Warner says that if we had committed the same land area to growing algae instead, it would have produced 50% of our supply. This suggests that less than 50 million acres, an area about the size of the state of Nebraksa, would be sufficient to grow enough algae to power our current transportation fleet. That’s a little over 2% of the total land area of the US.
The second great thing about algae, Warner tells us, is the fact that it is a “drop-in fuel,” which means that it can directly replace gasoline without any modification to the cars, the pipelines, pumps, refineries, etc. That’s a pretty big deal. Our current fossil fuel infrastructure represents $12 trillion investment.
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