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Page added on May 29, 2009

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Algae and Cost Viability


Robert Rapier recently drew attention to the demise of GreenFuel Technologies, the company founded on ideas from MIT and Harvard and supported by millions of dollars in venture capital funding. One of the creative ideas that the company has was to located their plant at existing power stations so that the carbon dioxide generated in the flue gas could be fed into the bio-reactors holding the algae, with the gas also keeping the algae at an optimal growing temperature. It was a company that was in the vanguard of promoting the use of algae in both carbon dioxide collection and liquid fuels production.

The company, however, ran into problems in raising more money in the current climate, and with the technology. According to to a recent news report:

Getting the whole thing to run smoothly, though, was tougher than expected. GreenFuel could grow algae. The problem was controlling it. In 2007, a project to grow algae in an Arizona greenhouse went awry when the algae grew faster than they could be harvested and died off. The company also found its system would cost more than twice its target.

The Oil Drum



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