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Start-up Pumps Algae into Fuel Tanks

8:51 AM MDT | August 6, 2010 | REBECCA COONS

Algenol says it will begin producing algae-based ethanol next year Fuel derived from pond scum could be reaching American gas tanks as soon as next year. Algenol Biofuels (Naples, FL), founded in 2006 amid a steady rise in oil prices, uses hybrid algae housed in photobioreactors to produce ethanol from carbon dioxide (CO2), seawater, and sunlight at higher per-acre yields and lower per-gallon costs than corn or cellulosic ethanol. Currently developing a pilot-scale facility at Freeport, TX, and building a larger R&D center at Ft. Myers, FL, the company is...

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