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Florida Algae-preneurs - Making Fuel from Algae 32

Agrisys an algae fuel, has raised more than $25 million from investors and plans to break ground this quarter on ponds and a small refinery where VandenBrekel says Agrisys will be able to grow algae, process it into an oil, and refine the oil into jet fuel, diesel or gasoline.

Scaled up, VandenBrekel envisions a host of 1,000-to-20,000-acre farms across the Southeast where algal fuel is grown, processed and used locally, from community gas stations to diesel fleets such as school buses. Success, he says, would create no less than a "rebirth of American agriculture."
Mon December 27 2010 11:05:53 PM by Monterio 1259 views

Comments - 4

  • Natalia wrote:
    Tue December 28 2010 10:29:27 AM

    Ooops ! There is one helluva lot of action in algae in Florida !

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  • Shankar wrote:
    Tue January 04 2011 06:04:17 AM

    I now know that there is more to Florida than disneyland :-)

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  • Andy wrote:
    Sat January 08 2011 01:31:53 AM

    With food prices doing what they are, would taking thousands of acres of farmland away from agriculture be a good idea? I wish them luck, but wonder if they've thought about this bit

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  • Shankar wrote:
    Thu January 13 2011 03:08:35 AM

    This is a perennial debate.food vs fuel.Even if the algae project is using semi arable land along the coast and uses sea water, people willl complain. 
    When oil prices cross $ 120 per barrel, I think they will crib less. 
    After all algae projects are for that scenario of high oil prices.

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