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CEC gives $43.6 million in awards to advanced biofuels projects

The California Energy Commission (CEC) has awarded $43.6 million (€32.4 million) to 11...
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NASCAR reaches 6 million mile mark

The US' NASCAR race has now seen 6 million miles of competitive racing completed using an...
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Agri-Energy reveals renewable diesel production plan

Agri-Energy plans to integrate renewable diesel production at its ethanol plant in Garnett,...
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China releases new rules on US DDG imports

The US Grains Council (USGC) reveals that China's Import Inspection Authority, AQSIQ, now...
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Upcoming Events
Biofuels International Conference 2014
24 September 2014 - 25 September 2014
Ghent, Belgium
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Tank Storage Asia 2014
24 September 2014 - 25 September 2014
Marina Bay Sands, Singapore
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Tank Storage Germany
19 November 2014 - 20 November 2014
Hamburg, Germany
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National Advanced Biofuels Conference & Expo
13 October 2014 - 15 October 2014
Minneapolis
2nd BBEST Conference
20 October 2014 - 24 October 2014
Sao Paulo, Brazil
World Ethanol & Biofuels
3 November 2014 - 6 November 2014
Budapest, Hungary

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Volume 3, Issue 6

Feature: Algae: a commercial economics perspective
Technical maturity and commercial viability of algal biofuels is a much debated topic, with estimates ranging from three years to (multiple) decades. However, most people involved in this emerging technology area agree that algal biofuel commercial economics are extremely challenging, highly variable, and subject to dynamic, speculative, and volatile commodity markets. On 3 June 2009 the US Department of Energy (DoE) released a Request for Information (RFI) that solicits comments to a draft version of DoE’s National Algal Biofuels Technology Roadmap, which provides a framework for qualifying and prioritising algae technology development objectives. Over a two-year period US-based renewable energy company Diversified Energy conducted a technical, engineering, cost, and economic model to provide a realistic baseline assessment of algal biofuel economics and the cost drivers associated with commercial-scale algae production. This can be used to prioritise research, development and commercialistion initiatives. The economic model created for this analysis includes more than 50 independent variables supported by detailed engineering specifications, commodity market data, and vendor quotes for equipment costs.


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Volume 8, Issue 4

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