Algae biofuel costing - Questionable ?!? 89Energy Biosciences Institute
The estimated capital costs for a 250-acre biofuel production system emphasising oil production were about $21 million, with annual operating costs at around $1.5 million, to produce about 12,300 barrels of oil, giving a break-even price per barrel of oil of $330 (based on an 8 percent capital charge).
Increasing the scale of the system to 1,000 acres reduced the break-even price to about $240 per barrel.
I thought some of the figures our FOA ( ie Friends of Algae) and oilgae club members were quoting making algae biofuels were way too less as compared to $ 240 per barrel.
* Do we have a proven model of producing algae biofuel using a PBR ?
* How much does it cost ?
The numbers quoted by our members made me believe that Open ponds are out and PBR is the way to go?
* Are the numbers quoted by Energy Biosciences Institute questionable or the numbers quoted by our members questionable ?
Thu November 04 2010 04:21:21 AM by Jacintha EBI | algae biofuel costing | algae biofuels costing | algae biofuels | 4300 viewsLogin to Post a Comment