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Algae based carbon capture technology public companies
Algae based carbon capture technology public companies










Still, various projects were funded in the US by the Department of Energy, Department of Defense, National Science Foundation, Department of Agriculture, National Laboratories, state funding, and private funding, as well as in other countries. įollowing the disbanding of the Aquatic Species Program in 1996, there was a relative lull in algal biofuel research. Other work focusing on harvesting hydrogen gas, methane, or ethanol from algae, as well as nutritional supplements and pharmaceutical compounds, has also helped inform research on biofuel production from algae. Although the goal was not energy production, several studies produced by RITE demonstrated that algae could be grown using flue gas from power plants as a COĢ source, an important development for algal biofuel research. For example, in the 1990s Japan's Research Institute of Innovative Technology for the Earth (RITE) implemented a research program with the goal of developing systems to fix COĢ using microalgae. Other contributions to algal biofuels research have come indirectly from projects focusing on different applications of algal cultures. Therefore, under budget pressure in 1996, the Aquatic Species Program was abandoned. Even in the best case scenario, it was estimated that unextracted algal oil would cost $59–186 per barrel, while petroleum cost less than $20 per barrel in 1995. Although it was successfully demonstrated that large-scale production of algae for fuel in outdoor ponds was feasible, the program failed to do so at a cost that would be competitive with petroleum, especially as oil prices sank in the 1990s. The final report suggested that genetic engineering may be necessary to be able to overcome this and other natural limitations of algal strains, and that the ideal species might vary with place and season. Among the program's most significant findings were that rapid growth and high lipid production were "mutually exclusive", since the former required high nutrients and the latter required low nutrients. 3,000 algal strains were collected from around the country and screened for desirable properties such as high productivity, lipid content, and thermal tolerance, and the most promising strains were included in the SERI microalgae collection at the Solar Energy Research Institute (SERI) in Golden, Colorado and used for further research. The research program focused on the cultivation of microalgae in open outdoor ponds, systems which are low in cost but vulnerable to environmental disturbances like temperature swings and biological invasions. The Aquatic Species Program spent $25 million over 18 years with the goal of developing liquid transportation fuel from algae that would be price competitive with petroleum-derived fuels. Interest in the application of algae for biofuels was rekindled during the oil embargo and oil price surges of the 1970s, leading the US Department of Energy to initiate the Aquatic Species Program in 1978. Since the need for alternative transportation fuel had subsided after World War II, research at this time focused on culturing algae as a food source or, in some cases, for wastewater treatment. Aach showed that Chlorella pyrenoidosa could be induced via nitrogen starvation to accumulate as much as 70% of its dry weight as lipids. Following World War II, research began in the US, Germany, Japan, England, and Israel on culturing techniques and engineering systems for growing microalgae on larger scales, particularly species in the genus Chlorella. In 1942 Harder and Von Witsch were the first to propose that microalgae be grown as a source of lipids for food or fuel. In December 2022, ExxonMobil, the last large oil company to invest in algae biofuels, ended its research funding. When made from seaweed (macroalgae) it can be known as seaweed fuel or seaweed oil. Also, algae fuels are an alternative to commonly known biofuel sources, such as corn and sugarcane. Use of algae as a source of energy rich oilsĪ conical flask of "green" jet fuel made from algaeĪlgae fuel, algal biofuel, or algal oil is an alternative to liquid fossil fuels that uses algae as its source of energy-rich oils.












Algae based carbon capture technology public companies