I’m having a hard time believing that much from a single acre, annually.
and
I’m having a hard time believing that CHEAP................$1.28 per gallon? Really?
If that were so, startup money would be flowing like water from Niagara Falls..............
Joule Unlimited has bioengineer bacteria — not algae— to produce whatever kind of fuel they want. The first generation was ethanol. They have recently been producing biodiesel. I think they have done test bacteria for jet fuel and gasoline.
The really unique thing about their process is that they don’t need to refine the biofuel. It can be skimmed right off and dropped into the fuel tank. Thats what makes it so inexpensive.
The guys who developed the bacteria to do this are some of the top geneticists at MIT.
Ten years ago the researchers were guesstimating 10,000 gallons an acre. That was a very loose back of the envelope figure for a technology that was still in the lab phase and nowhere near commercialization. The order of magnitude is right.