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Economics: Algae Biodiesel
 

Microalgae have the potential to produce more biofuel per acre than any other potential source. The basic idea with algae is that some algae have a high lipid (fat) count, which can be turned into biodiesel. Algae can grow very fast, so the productivity is faster than corn or other possibilities to biofuels. It can be grown on water bodies, so it doesn’t compete for prime agriculture land. It can grow in both fresh and salt water, even if the water is polluted.

Many areas of world/country are ideally suited for algae growth since algae needs large amounts of sunlight, brackish water and carbon dioxide. Those conditions are typical in the costal regions. We are committed to the fact that algae are the best long-term feedstock for biodiesel.

The possibilities for algae continue to evolve. We focus on fast-growing algae and using waste/salty water to grow it. As the algae are growing, it cleans the water and the air. We are enhancing the environment, while producing energy. One advantage is that water used to grow fast-growing algae contains high nutrients, so nutrients can be recycled and money and water can be saved. We continue to search for the least cost, most efficient oil extraction methods which are the key to a successful green fuel project involving algae. There are several uses for algae that can be profitable in the short-term. In fact algae are the highest yielding feedstock for biodiesel.

It can produce up to 250 times the amount of oil per acre as soybeans. Producing biodiesel from algae may be one of the ways to produce enough automotive fuel to replace current fossil fuel usage. Algae produce 7 to 31 time greater oil than palm oil. It is very simple to extract oil from algae. The best algae for biodiesel would be microalgae. Microalgae are an organism capable of photosynthesis that is less than 2 mm in diameter. Macroalgae, like seaweed, is not as widely used in the production of biodiesel. Microalgae has much more oil than macroalgae and it is much faster and easier to grow Microalgae can provide several different types of renewable biofuels. These include methane produced by anaerobic digestion of the algal biomass biodiesel derived from microalgal oil and photobiologically produced biohydrogen.

The idea of using microalgae as a source of fuel is not new but it is now being taken seriously because of the escalating price of petroleum and, more significantly the emerging concern about global warming that is associated with burning fossil fuels The greatest benefit of algae biofuels over other alternative fuels comes from the fact that they can be used in cars and airplanes without any modifications to the currents design of the machines.

The critical issue, after technical feasibility, that is the actual ability to reliably cultivate algal strains that can produce oil at reasonably high productivities, is the overall capital and operating cost of these production systems. The problems in accurately determining the economic viability are accentuated by the fact that there are no large-scale commercial algae biofuels production systems with which to develop and substantiate data. The companies that are developing new technologies and architectures are very protective of their detailed financial data. As such we have we have arrived some authentic data’s from our own experiences and databank. Oil from algae is projected at $2 per gallon, headed towards $1 per gallon.


For detailed Cost-Benefit Analysis of Algae Harvesting, kindly mail to jatrophaplan@gmail.com or

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