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Press release

The Woodlands, Texas – The National Algae Association announces its Algae Commercialization Business Plan, Research, and Networking Forum. Existing algae oil production companies, algae researchers and algaeprenuers will present leading-edge technologies for commercialization of Algae: The New Oil on October 23-24, 2008, at The Woodlands Conference Center and Resort in The Woodlands, Texas. The NAA brings companies and researchers together to share ideas and exchange information to overcome technological hurdles to fast track commercialization of the algae oil industry.

Current high oil prices, the collapse of food-for-fuel initiatives and concerns about increased levels of CO2 emissions in the atmosphere have all created awareness of the need for alternative fuel solutions. Algae has emerged as one of the lowest cost feedstocks for the biofuels and cellulosic industries. Algae is considered to be a promising source of renewable oil which can be processed and refined into a variety of transportation fuels.

Recent breakthroughs in pond development and closed end loop systems put algae oil production companies on the leading-edge of the renewable oil industry.

When: October 23-24, 2008

Where: The Woodlands Conference Center and Resort

The Woodlands, Texas

Website: www.nationalalgaeassociation.com

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An Arizona State University spinoff company has secured $3 million in public and private funds to advance its technology that converts algae to jet fuel. Two ASU scientists who are developing the technology have already proven it works in the lab. Now, they are growing algae in solar tubes at ASU's Polytechnic campus to demonstrate the renewable fuel can be produced on a larger scale.

The brains behind the algae-to-jet-fuel concept are ASU professors Qiang Hu and Milton Sommerfeld, who head ASU's Laboratory for Algae Research & Biotechnology.

Arizona Technology Enterprises negotiated a licensing agreement with a private investment group, Heliae Development, that will return fees and a share of any commercialization income to the university. Heliae, led by Frank Mars, will also invest $1.5 million in the technology. Several members of the Mars family are privately investing in the technology

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Despite high hopes and decades of research, algae fuels remain mired in unforgiving economics. PetroAlgae, based in Melbourne, hopes its technology will provide the needed breakthrough to make algae the fuel of the future, according to Fred Tennant, vice president for business development with PetroAlgae.

The company is searching for better, cheaper ways to squeeze oil out of algae while trying to squeeze the high costs out of algae farming, he explained.

PetroAlgae was created in 2006 by XL Tech Group, a 15-year-old Melbourne firm that creates companies to address specific needs in the marketplace. In this case, XL Tech saw a need for cheap oil that could be made into a biodiesel without diverting food crops. PetroAlgae, which licensed technology from Arizona State University, has grown to 91 employees with a lab and an algae farm. Tennant hopes to complete a 20-acre demonstration farm early next year.

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

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Allied Minds, an investment company, has invested in the work of Rose Ann Cattolico, University of Washington biology professor, who has studied the physiology of algae for more than 30 years and sees it as a source of fuel for transportation. Allied Minds has formed a startup company called AXI.

AXI won't be in the business of making fuel. Instead, it will work with biofuel producers to develop strains of algae that produce just the right lipids, or oils, for the fuel that the producer wants to make. The methods will not employ genetic modification, Cattolico said.

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

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Several Missouri universities and electric companies plan to use the carbon dioxide pollution from coal-fired power plants to grow algae for biofuel. The project at the Central Electric Power Cooperative's plants east of Jefferson City is starting out small. Only a relatively little portion of its carbon dioxide emissions will be diverted from its flues and pumped into pools of sunlit water teeming with algae.

Researchers at Lincoln University in Jefferson City already have been growing algae in labs while others at Missouri University of Science and Technology in Rolla have been experimenting with extracting biofuels from it.

More from here @ MSNBC

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No, not flight, not yet. But Solazyme—the mavericks who make their algal oil in the dark—have produced a jet fuel that passes the ASTM's standards for "aviation turbine fuel," otherwise known as jet fuel. This makes it the first such bio-kerosene from algae, being earnestly sought by the Commercial Aviation Alternative Fuels Initiative (CAAFI) and Defense Advanced Research Project Agency (better known as DARPA) as well as the U.S. Air Force.

In addition to not freezing at high altitude as biofuels are prone to do, the testing by the Southwest Research Institute shows that it has the same flashpoint, viscosity and stability as regular Jet A. Most importantly, it has the same density—a key characteristic that other alternative fuels, such as those derived from natural gas or coal, lack.

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OriginOil, Inc., a leading player in the algae to oil domain, announced that Riggs Eckelberry, CEO of OriginOil, will be a featured speaker on November 17 at the Algae World '08 conference in Singapore. He will discuss the company's initiative to standardize algae production.

Organized by the Centre for Management Technology, which specializes in international petrochemical conferences focused on renewable energy sources, Algae World will examine the cost-efficient commercialization of algae biofuels, as well as the latest advances in cultivation, harvesting and processing. The conference will be held at the Swissotel Merchant Court Singapore.

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Hailing from India, it was exciting for me know about the algae biofuel summit to be held in New Delhi next week. I had a brief interaction with the co-ordinator and came to know that over 300 delegates will be attending the summit which will cover a wide range of topics pertaining to algae fuels.

This is a useful conference happening in Asia, I'd urge you to check out more details at the summit web site Algae Biofuels Summit

Summary
Summit Theme: Emission to Growdiesel
Sub-theme: Algae Farming for carbon-sequestration, energy independence & sustainable development
Dates: 17 - 19 Sep, 2008
City: New Delhi, India

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