{"id":604,"date":"2008-09-21T09:30:00","date_gmt":"2008-09-21T09:30:00","guid":{"rendered":"http:\/\/oilgae.com\/blog\/?p=604"},"modified":"2008-09-21T09:30:00","modified_gmt":"2008-09-21T09:30:00","slug":"greenfuel-tech-for-oil-from-algae-not","status":"publish","type":"post","link":"http:\/\/www.oilgae.com\/blog\/2008\/09\/greenfuel-tech-for-oil-from-algae-not.html","title":{"rendered":"GreenFuel Tech for Oil from Algae not Viable Until Oil Price of 800$ per Barrel"},"content":{"rendered":"<p>You are at: <b><a href=\"http:\/\/www.oilgae.com\/blog\/\">Oilgae Blog<\/a><\/b>.<\/p>\n<p>A Research Paper that Says GreenFuel Method to produce Oil from Algae will Work Only at Oil @ $800 per barrel<\/p>\n<p>This is a paper by a researcher Krassan Dimitrov which essentially says algal oil methods, as proposed by the industry pioneer GreenFuel Technologies of the USA, simply is not cost-effective.<\/p>\n<p>This report shows that GreenFuel\u2019s method will not be economically feasible, even if the company achieves spectacular progress in development of its technology. Fundamental thermodynamic constrains make it impossible for such approach to be commercially viable for fuel prices below $800\/bbl, even if flawless technological implementation is assumed. Since other technologies offer alternative options at substantially lower costs, GreenFuel\u2019s approach cannot be expected to have a significant place in our future energy supply or carbon mitigation strategy.<\/p>\n<p><a href=\"http:\/\/www.nanostring.net\/Algae\/CaseStudy.pdf\">Full report here<\/a> (PDF) &#8211; written in Mar 2007<\/p>\n<p>By the way, have you <a href=\"http:\/\/www.oilgae.com\/blog\/feed\/rss.xml\">subscribed to the Oilgae Blog?<\/a>; How about <a href=\"http:\/\/oilgae.com\/mlist\/user\/subscribe.php\">joining the Oilgae mailing list?<\/a>; and <a href=\"http:\/\/www.oilgae.com\/forum\">our forum to discuss on with others<\/a>?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You are at: Oilgae Blog. A Research Paper that Says GreenFuel Method to produce Oil from Algae will Work Only at Oil @ $800 per barrel This is a paper by a researcher Krassan Dimitrov which essentially says algal oil methods, as proposed by the industry pioneer GreenFuel Technologies of the USA, simply is not [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,13],"tags":[],"class_list":["post-604","post","type-post","status-publish","format-standard","hentry","category-algae-energy-companies","category-algae-energy-products"],"_links":{"self":[{"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/posts\/604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/comments?post=604"}],"version-history":[{"count":0,"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/posts\/604\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/media?parent=604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/categories?post=604"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/tags?post=604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}