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Tuesday, 1 February 2011

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Algae into renewable fuel



Algae will be cultivated in large ponds

A three million dollar project has been launched in Karratha, Australia to produce renewable fuel from algae. The algae will be cultivated in large ponds and then harvested to extract oil that can be used to make a biodiesel.

It will be the first time the techniques have been used on a commercial scale. It is hoped the biofuel will be powering the aviation and mining sectors within ten years. Professor Michael Borowitzka is overseeing the project. “Making biofuels, you’re actually converting sunlight into chemical energy, in this case oil.” Mr Borowitzka says the main challenge will be bringing down the price. “The economics still need quite a bit of improvement to be competitive with fossil fuels,” he explained.

“We’re currently looking at the three to four dollar mark per litre. That’s being conservative, but we need to bring that down to about a dollar.”

ABC News

 

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