Blogs under tag EBIAlgae biofuel costing - Questionable ?!? Posted by Jacintha on Wed November 03 2010 10:51:21 PM 89 |
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Energy Biosciences Institute in partnership with BP, the University of California, Berkeley; the Lawrence Berkeley National Laboratory; and the University of Illinois have arrived at an estimate for algae biofuel production. It is " 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 ? |
