Betting on Algae and Big Oil?

Tuesday, October 13th, 2009

algaebioreactorDoes that headline grab you? If not, these numbers should:

  • $600 million: the amount Exxon has pledged to invest in a partnership with Synthetic Genomics
  • $10 million: the amount BP has invested in Martek Biosciences
  • 25 percent: the percentage of gasoline that will be replaced by biofuels by 2030, according to BP
  • 36 billion gallons: biofuels to be produced in the United States by 2022, as mandated by the U.S. Renewable Fuels Standard.
  • If that has not grabbed your attention yet, consider that in January of this year, Continental Airlines completed a test flight using a biofuel mixture, which included fuel derived from algae. The test flight yielded a 1.1 percent increase in fuel efficiency compared to a jet engine using traditional jet fuel.

    That isn’t exactly a great leap forward, but achieving incremental increases in fuel efficiency coupled with the latest engine technology, as well as use of new materials in aircraft production, such as the Boeing 787, could signal a dynamic shift for the airline industry. (more…)


    For Greening Aviation, Are Biofuels The Right Stuff?

    Monday, August 10th, 2009

    biofuel-oilseed-pylon-aviation.jpgBiofuels – made from algae and non-food plants – are emerging as a potentially viable alternative to conventional jet fuels. Although big challenges remain, the reductions in greenhouse gas emissions could be major.

    Earlier this year, a Continental jet accelerated down the runway at George Bush Intercontinental Airport in Houston. Nothing out of the ordinary for Capt. Rich Jankowski, who countless times in his 38-year career had eased such two-engine Boeing 737-800s into the sky. Except on this experimental flight, one of the engines Jankowski relied on was burning fuel derived from microscopic algae to push the 45-ton aircraft into the air and keep it aloft — a first in aviation history.

    (more…)


     


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