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Feedstock improvement projects receive $12.6 million

The US Department of Energy (DOE) and US Department of Agriculture (USDA) has selected ten...
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Web platform reveals crop conditions

Genscape's LandViewer website offers an insight into current corn crop condition and price...
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UAE evaluates €490 million ethanol projects

A senior official at the Ministry of Petroleum reports that Egypt is currently evaluating the...
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Allied Distilleries opens new ethanol plant

A multi-billion naira ethanol plant has opened at Igbesa, Ogun State, Africa.

Allied...
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Biofuels International Conference 2014
24 September 2014 - 25 September 2014
Ghent, Belgium
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24 September 2014 - 25 September 2014
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19 November 2014 - 20 November 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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