Blogs under tag Algae Fuel Companies
Algae Fuels Community @ CleanTick ? One-stop Destination for All about Algae Fuels! Posted by Sumukhi on Wed July 20 2011 04:46:42 PM 11
CleanTick is an online cleantech community from the promoters of Oilgae.
Cleantick has recently launched an online algae fuels community which aims to bring about all the algae fuel professionals, researchers and enthusiasts at one place for focussed discussions, and interactions on specific topics pertaining to algae fuels.
Algae Fuels Community @ CleanTick provides you the opportunity to:
CleanTick's Algae Fuels Community is growing super fast!. Already has 400 members from the world over including researchers and students, financial investors, entrepreneurs, algae fuel industry professionals, biofuel enthusiasts, and more.
Join the CleanTick Algae Fuels Community Now - http://www.cleantick.com/topic/algae-fuels
Amazing Algae-Asia Conference - Who Says What? Posted by Sumukhi on Mon November 01 2010 05:42:09 PM 3
A remarkable event comprising of many algae enthusiasts all around the world was conducted by the Centre for Management Technology (CMT) in Singapore on the 19th and the 20th of October.
The event comprised of many intellectual delegates keen on updating their knowledge on the latest developments in the algae-energy industry. Several discerning algologists working on algae-based high value end products fervent on understanding the technologies, status and the key bottlenecks faced by the algae energy industry were also present for this mega event.
An Eye Opener Indeed! - The conference opened up the horizon of the less initiated to what is possible, what is already happening and what scope exists. An eye opener to many!. Eminent and tech-savvy speakers from various research institutes, companies and consultancies world-over were in attendance. Some of the speakers provided useful insights on how to succeed in the algae-energy business and a few others discussed about the technological developments in the algae-industry and their efforts in this domain.
Of Course, there were the regular Nay sayers and Yeah Sayers! The former were skeptical about the commercialization of algae fuels in the near-future and were quite assertive that eradicating the challenges faced by algae fuels is a long-long-long-term activity. The latter, however, gave an overall positive outlook of the whole algae-fuel scenario by describing their efforts and milestones and future efforts .Some of them explained that by having a BIG focus on high-value end products while producing biofuels is the route to go?!
Carbon-dioxide Sequestration- "ABANDON ALL HOPE" or........ ?!
Among the speakers from the industrial side were - Dr. John Benemann - the author of the book on algal biofuels and by-products, one of the chief scientist of the Aquatic Species Program (ASP) provided some useful insights on the prospects of large-scale algae biofuels production with Municipal and Agricultural waste water.
Dr.Benemann, however, was not very assertive about the carbon-dioxide abatement using algae in the U.S. He exclaimed that the chances of CO2 capture in the United States is as less as 0.1%, hence hopes to capture carbon-dioxide employing algae must be abandoned. However, Australian ?based MBD energy were quite confident about their collaboration with three Australian-based power plants to capture CO2 using algae. Mr. Tony Clair, Agribusiness Manager from this company confidently presented their milestones and claimed that their algae- plants near the power-plant emitters will operate effectively from 2011.
Yet another speaker who threw light on this hot topic was Mr. Steven Martin from Pond Biofuels, he unfortunately couldn't make it for the conference; hence spoke through Skype detailing their tie-up with Ontario-based St. Mary's Cement and their upcoming work for growing algae from stack gas emissions near many more cement plants.
We also had the well-known "Quantum fracturing" company - Orgin Oil highlighting how the large CO2 emitters should venture into this nascent algae industry and their work on their patent-pending unique harvester which separates the biomass leaving the oil on top.
From Switzerland, we had Dr Jean-Paul , he shared some information about his research on the enhancement of biodiesel production from microalgae species by increasing the addition of carbon-dioxide through gasification with the aid of a catalyst.
Will Algae -Energy Projects Soon Secure Carbon-Financing!? - From the algae business perspective, we had a reputed speaker from KPMG consultants, Malaysia. Mr. Rahul Kar the Director of the carbon and sustainability advisory, KPMG highlighted the procedure to be followed so as to obtain the carbon financing for algae-based projects. He surprisingly remarked that- No algae energy project has ever been taken to the United Nations to secure carbon financing.
Open Ponds or PBR - Nah!!!! , Open Ponds PBR - YES?! - There have been debates in this industry as to which cultivation method has to be employed - Open-ponds Vs Photobioreactors (PBR). Mr. Vittor Verdelho from Alga Fuel, Portugal highlighted the fact that a technique for the combined use of open-ponds photobioreactors for algae-cultivation will only be a feasible option. He exclaimed ? Open ?ponds or PBRS ? aint gonna work !
Non-Fuel Products First, Fuel Next?! - The challenges ahead of algae-fuel commercialization were presented by the Managing Director of Aurora Algae formerly known as Aurora Biofuels. Mr. Matt Caspari .The thought-process of Matt was fantabulous. He highlighted the fact that it is a good idea for algae fuel companies to initially focus on high-end non-fuel products from algae, and gradually shift to fuel production as more breakthroughs occur in the algae-fuel industry.
Integrated Algae-Based Remediation and Biofuel Production - There were a few speakers who spoke about the prospects of algae-based bioremediation. Dr.Rupert Craggs from National Institute of Water and Atmospheric research (NIWA) highlighted the efforts pursued by NIWA for algae-based waste water treatment in high-rate algae ponds. He also highlighted the benefits of employing waste-flue gas as a carbon-source into the high-rate algae ponds (HRAP). Most importantly, he exclaimed that the use of colonial algae would be the best option as they can be easily harvested making the harvesting process less-energy intensive.
Will Macroalgae be the Feedstock for the "FUTURE FUEL" ?!
Prof. Dr. Choul-Gyun Lee from INHA university was of an opinion that exploiting the seaweeds in the ocean will be a more viable option to make biofuels sustainable. Apparently, he is working on three projects - biodiesel from microalgae, macroalgae to ethanol and screening strains to be used as biofuel feedstock with the fund of 49 billion Korean Won ( approximately 42 million USD) obtained from the Korean Government.
From a Korean-based company by name Ecophycotech. Dr. Kyung Kim, the CEO of the company highlighted the commercial production of microalgae and its alternative markets. Interestingly, the Korea Food & Drug Administration permits to industrialize only two kinds of microalgae (Chlorella and Spirulina), which delays to develop many kinds of microalgal products in Korea.
Myung-Ko Shin from Biolsystem, Korea shared his views on the development of technologies for producing bioethanol from macroalgae. His key research area involves the production of bioethanol through saccharification and fermentation processes from red algae.
Is Genetic Engineering the Solution to Make Algae Fuel Commercial!? - Research in the Genome Institute of Singapore (GIS) is mainly on studying the lipid metabolism in certain algae strains. Dr. Neil Clarke a senior scientist from GIS presented the systems biology of lipid metabolism in various microalgae species. They are also working on a genetic-engineering project termed 1KP wherein , they plan to modify 1000 different species of plants, out of which sequencing various green algae species for biochemical application is one among their target.
Yet another speaker from Qingdao Institute of Bioenergy and Bioprocess Technology (QIBEBT) also presented his work on the genetic modification of marine-water algae strains such as Nannochlropsis and high-throughput genomics based screening and development on oilgae feedstock.
Dr. Tom Beer, Leader, Transport Technologies and Sustainable Fuels from Common Wealth Scientific and Industrial Research CSIRO, Australia provided some useful information on the scope and emerging opportunities for algae-biofuel production unique to countries such as Australia.
Marvelous Networking Opportunity! The networking opportunity the conference offered was simply superb! Good that we had a lot of business cards; we got a brilliant opportunity to connect with many erudite academia, discerning algalogists and algae-industry professionals. One of the most memorable moment my colleague Mathumitha Balu and I shared were that we got an opportunity to dine with Dr. Benemann during the lunch-break on the second-day of the conference. We really wished we had more time to network with other speakers and delegates as well.
This conference, as promised, proved out to be a junction of top minds in the industry and as Oilgae and others left Singapore they were very happy with knowledge gained on the status and the future of this nascent industry.
To sum up, the experience of the 3rd Algae-World Asia was fantastic, as this summit proved to be a bridge connecting algae-enthusiasts from all over the globe with a sharp expertise and enormous experience to discuss almost all the technologies currently employed for algae exploitation. The thought process of the speakers were remarkable which made us sit-back for their presentations. CMT, an all-women maintained organization ( I say so coz I witnessed only lady volunteers working there from setting up the projectors to taking photographs!) Kudos to CMT for choosing such distinguished speakers and being the organizers for such a magnificent occasion.
How I wish such conferences occur once in three months. I am sure it will be a tremendous opportunity to learn, share and network with numerous algae-energy enthusiasts from all over the world.
Algae.Tec signs Two MOU Posted by Sumukhi on Fri August 27 2010 10:23:55 AM 12
Algae.tec Limited, which has secured the exclusive global rights to a pioneering highly-efficient algae growth and harvesting system (the McConchie-Stroud System) that produces algal products (such as algal oil and biomass) that can be used to generate sustainable bio-fuels, today announced two MOU's for non-binding commitments to deploy the technology in China and Australia.|
Algae.Tec is currently undertaking an Initial Public Offering by way of a prospectus dated 16 July 2010 with the intention to list on the ASX by the end of September 2010. The Company?s ASX code will be AEB.
What sets Algae Tec's technology apart is that it exploits a patented system of algae growth not within ponds but within converted shipping containers. Scalability thus becomes modular, and land requirement is reduced by the ability to stack those modules. The closed modules are not exposed to the same problems as open ponds. And, most importantly, the modules are readily transportable.
In the pond system, the CO2 must come to the pond. To improve yields and accelerate algal growth, captured CO2 can be introduced but (a) it must be transported to the site from an emitter and (b) a lot of the introduced CO2 will simply bubble out of the pond again. In Algae.Tec?s system, the ?pond? comes to the CO2.
Closed modules can be stacked adjacent to an emitter (eg a power station) and everybody wins. The emitter has a direct and measurable carbon offset and the introduced CO2 exponentially accelerates algae biomass production for conversion into commercial products which are themselves a source of renewable alternative energy (which in theory can also be used as an energy source by said emitter).
Partnership with Shoalhaven Starches Pty Ltd.
Algae.Tec has now signed a memorandum of understanding with Shoalhaven Starches Pty Ltd, a subsidiary of the Manildra Group. Manildra is primarily a producer of wheat flour and secondarily a producer of differentiated by-products such as gluten, glucose and starch. Nowra-based Shoalhaven Starches converts starch into ethanol, making the Manildra Group Australia?s largest ethanol producer.
Manildra's ethanol production plant operates using a CO2-emitting power plant. Therein lies a potential source of CO2 for exploitation by Algae.Tec technology, but CO2 is actually also emitted from the conversion of starch into ethanol. For Algae.Tec, its a double-whammy.
Algae.Tec has thus found the site for its demonstration plant. At the time its IPO prospectus was published, it had not. This means a supplementary prospectus has now been published and the close of application date for the IPO has been extended to September 17. Algae.Tec hopes to have the demonstration plant in operation by the June quarter, 2011.
The demonstration plant will consist of two or three container modules but if it proves successful the MOU extends to the construction of Algae.Tec's first commercial plant at the site consisting of some 200-300 containers. Requisite council and environmental applications for such a plant will be filed immediately rather than waiting until after the demonstration proves viable.
The Nowra-based plant would then be the world's first commercial algae operation. At this point, Algae.Tec is not yet planning to produce its own ethanol from the resultant biomass given there are a number of options to be explored, including directing the algae to the production of nutrient-rich stock feed for sale in the region.
Algae.Tec has also signed another new MOU which becomes part of the supplementary prospectus. The MOU involves Algae.Tec in a partnership with Bioenergy Investment Ltd ? an alternative energy investment vehicle incorporated in Hong Kong. Bioenergy Investment is itself a joint venture between Hong Kong company Pacific Minerals and Australian company RKD International.
The purpose of the joint venture is to first seek intellectual property protection for Algae.Tec?s technology in China.
Clearly Algae.Tecs two new MOUs, to add to existing the MOU with logistics and plant construction and management specialist Leighton Holdings, are of a material nature. Hence the supplementary prospectus and extended closing date for the $7.5m IPO.
Prospective investors must take note that while all of the above sounds very promising, algae technology is yet to be proven on a commercial scale anywhere in the world. While demonstration plants are intended to provide proof, there are no guarantees. This is a speculative investment. There will be no cashflow ahead of commercialisation. And the commerialisation phase will require the issuing of significantly more capital.