Where Does Algae Stand Today? 2nd Algae Industry Survey Pinpoints Directions for Further Growth.

September 26, 2010 | Comments Off on Where Does Algae Stand Today? 2nd Algae Industry Survey Pinpoints Directions for Further Growth.

3rd Algae World Asia

CMT is honored to again work with dedicated Algae evangelist Dr. Mark Edwards, Director of GreenIndependence.org on yet another algae Industry Survey report, that collates input from scientists, academics and practitioners who share their views on growth of algae industry and its future directions.

Some of the key issues identified in the industry survey are:

  • Stable production systems
  • Lack of trained personnel
  • Strain selection
  • Ideal location for Algae project
  • Costs

Survey responses came from over 50 countries with many from Europe, Asia, U.S., the Pacific Rim, India and the Middle East and included scientists, project developers, academics and practitioners, at all stages of knowledge and experience in the industry.

As a prelude to the 3rd Algae World Asia conference to be held on the 19 & 20 October in Singapore, we are now making this 2nd Algae Industry Survey report available to all!

To obtain your complimentary copy of “Algae World 2010 Industry Survey” report, simply provide your details in the form below.

Please fill in your details below to submit your request
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OriginOil Delivers Single-Step Extraction™ System to MBD

September 20, 2010 | 16 Comments

Further to our previous blog on OriginOil and MBD Energy (see below), OriginOil announced on 2 Sep that it is ready to ship a Single-Step Extraction™ System to MBD, the second delivery in its multi-phase commercialization agreement.

“We look forward to now using the equipment we’ve purchased from OriginOil to finalize preparations for our 1 hectare Bio CCS algalsynthesizer test facility we’re about to construct at Tarong Power Station in Queensland. If performance tests go to plan we expect to laterexpand the 1 hectare synthesizer to 80 hectares at which point we hope to produce approximately 10,000 tonnes of oil per year.” saidAndrew Lawson, Managing Director at MBD Energy Ltd.

Once it achieves success in the first test phase, MBD will purchase significantly larger systems to serve its power station projects inAustralia, beginning with the 1 hectare algal synthesizer test plant at Tarong Power Station in South Eastern Queensland, and potentiallyexpanding to full production at all three of MBD’s power station project sites in Australia.

Source: http://www.originoil.com/company-news/originoil-delivers-second-product-to-strategic-customer.html#more-3563

Hear directly from Executives from OriginOil and MBD Energy as they share their views on algae-based bioenergy developments at the 3rd Algae World Asia. In addition, we have also included topical sessions on algae carbon capture solution from a cement and power company’s perspectives.

  • Growing Algae from Stack Gas Emissions at a Cement Plant
    Mr. Martin Vroegh, Environment Manager, St Marys Cement Inc.
  • Challenges of a Power Company in the New Climate Order
    Dr. Krishna Gupta, Managing Director, West Bengal Power Development Corporation Ltd
  • Technological Development of Algal Carbon Capture and Storage
    Mr. Tony St Clair, Agribusiness Manager, MBD Energy Limited
  • The Big Algae Build-Out: Why should CO2 Generators Participate and How?
    Mr. Paul Reep, Senior Technical Advisor, OriginOil, Inc

For more information about 3rd Algae World Asia, 19-20 October – Singapore, or send your enquiry to leelin@cmtsp.com.sg

Algae Biofuel Technology Developer OriginOil makes first sale to Carbon Capture and Recycling (CCR) Solution Provider, MBD Energy Ltd.

September 1, 2010 | 18 Comments

Recently, OriginOil notified MBD Energy that it is ready to ship a Quantum Fracturing System, designed to maximize algae CO2 absorption with minimal energy, to MBD Energy’s research and development facility at James Cook University in Queensland, Australia. The company’s Single-Step Extraction™ System, designed to efficiently separate algae oil from its biomass, will be the next deliverable and will trigger another payment under the purchase order.

In May, the parties agreed on a multi-phase commercialization program under which OriginOil will supply MBD Energy with its algae-to-oil technology platform in progressively larger installations. Subject to the success of the initial test phase, MBD will purchase significantly larger systems to serve its power station projects in Australia, beginning with a one-hectare pilot plant at Tarong Power Station in South Eastern Queensland, and expanding to full production sites at all three of MBD’s power station projects in Australia.

According to MBD Energy, each of its power station projects has the potential to grow to 80-hectare commercial plants, each capable of producing 11 million liters of oil for plastics and transport fuel, and 25,000 tonnes of drought‐proof animal feed annually.  MBD Energy estimates that the projects will eventually consume more than half of each power station’s flue-gas emissions.

Read full article on OriginOil Announces Revenue from First Customer

OriginOil thinks that the big driver for algae today is carbon storage. Big energy, mining and industrial groups must reduce their CO2 emission and algae can hlep them do this at very low expense. Algae costs millions not billions, and that is very attractive right now. CO2 generators’ involvement seems to be the most feasible way of building massive algae developments!

OriginOil and MBD Energy are among the top speakers addressing the 3rd Algae World Asia, 19-20 October in Singapore where they will share on carbon capture solution using algae.

For more information about 3rd Algae World Asia, 19-20 October – Singapore, send your enquiry to leelin@cmtsp.com.sg

Boeing and Chinese Academy of Science to Expand Collaboration on Algae-Based Aviation Biofuels

August 18, 2010 | Comments Off on Boeing and Chinese Academy of Science to Expand Collaboration on Algae-Based Aviation Biofuels

Boeing Research & Technology and the Chinese Academy of Science’s Qingdao Institute of Bioenergy and Bioprocess Technology (QIBEBT) have agreed to expand their collaboration to include other research institutions and aviation supply chain entities as part of their efforts on algae-based aviation biofuel development.

Boeing and QIBEBT previously announced the establishment of a joint research and development laboratory focused on algal growth, harvesting and processing technologies. The Joint Laboratory for Sustainable Aviation Biofuels will be located in Qingdao and managed by Boeing Research & Technology-China and QIBEBT, which will work together to place a strong emphasis on commercial applications for developed technologies.

Source: Read more about the US-China project collaboration on algae aviation biofuels

The 3rd Algae World Asia has invited Prof Dr Jian Xu, Director of Bioenergy Genome Centre – QIBEBT to be one of the panellists to present on the algae technology developments in Asia Pacific. Prof Dr Jian Xu will share QIBEBT’s algae feedstock development technologies, at the 3rd Algae World Asia in Singapore on 19-20 October 2010.

Visit 3rd Algae World Asia for more details or send your enquiry to leelin@cmtsp.com.sg.

Aurora Biofuels Shares on Pathway to Large Scale Algal Biofuel Production at 3rd Algae World Asia in Singapore

August 3, 2010 | Comments Off on Aurora Biofuels Shares on Pathway to Large Scale Algal Biofuel Production at 3rd Algae World Asia in Singapore

Aurora Biofuels said it has secured an additional $15 million in a recent funding round led by Oak Investment Partners, with the continued support of Gabriel Venture Partners and Noventi Ventures. This third-round financing brings the startup’s total fundraising to $40 million. The new funding will be used to support the continued path to commercialization for its advanced algae biofuel technology.

Source: http://www.prnewswire.com/news-releases/aurora-biofuels-secures-15m-in-funding-appoints-scott-mcdonald-cfo-88139497.html

In August 2009, Aurora Biofuels announced that they had successfully optimized its base algae strains to more than double CO2 consumption and fuel production, and has proven these results in an outdoor open system.

The company has also been working with Florida Tech on a research project which focuses on developing biofuel with co-products to enhance animal feed as a means to improve the economics of the fuel-production process.

The continued funding from investors shows positive signs that Aurora’s technologies are viable and that they are heading on the right track towards commercialization.

About Aurora Biofuels
Aurora Biofuels manufactures fuel from genetically optimized algae in specially engineered open ponds that provide a favorable environment for rapid algae production. These conditions include a carbon dioxide-rich environment with optimal fluid dynamic characteristics. Techniques have been developed to minimize energy demands throughout the growth and production phases of the process. Once extracted, the algae oil is ready for further processing into the end products, Omega 3 fatty acids, valuable proteins, and biodiesel. And, the remaining algae mass becomes protein-rich animal feed.

Those keen to find out more on how Aurora Biofuels deals with the technological challenges of Large Scale Algal Biofuel should attend the 3rd Algae World Asia in Singapore from 19-20 October, 2010.

Mr Matt Caspari, Managing Director, Aurora Biofuels Pty Ltd, will also be sharing on the commercial viability of Large Scale Algal Biofuel Production at the conference.

Click here to find out more about the event schedule or contact leelin@cmtsp.com.sg for other details on the 3rd Algae World Asia.

U.S. DOE Awards 3 research Groups $24 Million in Recovery Act Funds for Algae Commercialization Studies

July 8, 2010 | Comments Off on U.S. DOE Awards 3 research Groups $24 Million in Recovery Act Funds for Algae Commercialization Studies

In its push for clean energy sources, President Obama’s administration is exploring all options — including algae-based biofuels. Obama and Energy Secretary Steven Chu have set aside $800 million in Recovery Act funds to research new biofuels.

DOE says algae has potential, but technical and economic challenges remain. To guide future work, it released the National Algal Biofuels Technology Roadmap. The U.S. Department of Energy announced on June 17, 2010 that it’s awarding up to $24 million for three research groups (Sustainable Algal Biofuels Consortium, Consortium for Algal Biofuels Commercialization, and Cellana, LLC Consortium) to figure out how to make such biofuels commercially viable. Source:http://content.usatoday.com (June 29, 2010)

In light of increased private & public funding of research into new biofuels, and growing global interest in bio-energy developments, CMT will once again host our annual Algae World Asia series, this time bringing the event to Singapore and spotlighting on opportunities in ASIA, and advances in algae technology.

Program agenda for this 19-20 October event is now being finalised and will be updated here shortly.

Do visit us again soon for the next update on topics and speakers or contact nadia@cmtsp.com.sg for  other details on the  3rd Algae World Asia in Singapore, 19-20 October 2010.

Exxon Mobil Corp assessing the Commercial Viability of Algae Biofuels as an Alternative Energy Source

June 18, 2010 | 1 Comment

Exxon Mobil Corp is testing the commercial viability of algae biofuel as an alternative energy source to supplement oil and natural gas, a senior executive said.

“We are testing the hypothesis that algae biofuels could become commercially viable and achieve sufficient scale to make meaningful contribution to the future energy mix,” saidExxonMobil’s senior vice president Andrew Swiger.

Global energy demand is expected to rise by almost 35 percent by 2030, from 2005 levels, he said. “It is early days in this research, and the obstacles we face are formidable, but the potential is great,” Swiger added.

He said Exxon currently has an interest in 4,900 megawatts of cogeneration capacity at more than 30 sites worldwide. New facilities under construction in Singapore will boost that capacity to more than 5,000 megawatts by next year 2011. Source: Reuters (Jun 7, 2010)

Those keen to explore commercialisation strategies and to gather progress report on algae biofuel, should attend the 3rd Algae World Asia in Singapore, 19-20 October 2010.

Besides algae biofuels, the 3rd Algae World Asia will also discuss the latest on algae production systems, algae high value co-products, and algae application in carbon capture and wastewater treatment industries.

Email leelin@cmtsp.com.sg to receive more information on the 3rd Algae World Asia.

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