Last update: 22.12.2009
AlgaeVenture claims breakthrough on algae production
Source : biofuelreview.com
A technological breakthrough that could dramatically reduce the cost of removing water from algae has been claimed by US company AlgaeVenture Systems today (25th March). "For nearly 40 years, it has been widely accepted that if the cost of removing, harvesting and dewatering algae could be reduced to $50 a ton, algae could become a significant source of fuel", said Ross Youngs, CEO of Univenture, parent corporation of AlgaeVenture Systems. "We have demonstrated a truly disruptive technology that reduces that cost by more than 99% - from $875 per ton to $1.92 per ton", Youngs said. "This breakthrough moves algae back into the spotlight as an economically viable, plentiful source of fuel".
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26 March 2009 |
United States & Canada
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