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Ethanol production volumes among highest ever reported

In the US Energy Information Administration's August issue of its Short-Term Energy Outlook,...
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ASTM modifies aviation fuel standard

ASTM International standard D7566, Specification for Aviation Turbine Fuel Containing...
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Aviation giants sign MoU

Boeing, Airbus and Embraer have signed a Memorandum of Understanding (MoU) to collaborate on the...
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Rotten rice feedstock enters Thai market

Thailand's military government is studying a plan to use rotten rice from state stocks to...
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Biofuels International Conference 2014
24 September 2014 - 25 September 2014
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19 November 2014 - 20 November 2014
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13 October 2014 - 15 October 2014
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20 October 2014 - 24 October 2014
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3 November 2014 - 6 November 2014
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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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