Posted on 07/17/2015 6:38:31 AM PDT by ckilmer
A second biofuel company that promises low cost biofuel is Algenol: Here’s their blurb.
Algenols patented technology enables the production of the four most important fuels (ethanol, gasoline, diesel, and jet fuel) for around $1.30 per gallon each using proprietary algae, sunlight, carbon dioxide and saltwater at production levels of 8,000 total gallons of liquid fuel per acre per year. Algenol’s technology produces high yields and relies on Algenols patented photobioreactors and proprietary downstream separation techniques for low-cost fuel production. These novel, low-cost techniques have the added benefit of consuming carbon dioxide from industrial sources, not using farmland or food crops and being able to provide freshwater. http://www.algenol.com/
More federal subsidy rent seekers at work. Their production claims amount to under 1/2 ounce of fuel per square foot PER WEEK!
Pingaling
What will this algae do if it gets into your local pond?
Here’s two biofuel companies that say they’ll be producing gasoline for 1.10-1.30@gallon in a couple years.
The article on New Mexico based Joule advices caution on the claim while showing there’s plenty of reason to believe them.
Florida based algenol is considered to be the leader in biofuels.
Joule is not getting any money from the feds. They promise to produce various biofuels for $1.10@ gallon without subsidies.
That’s not too shabbby.
What will this algae do if it gets into your local pond?
..........
Joule is using enclosed spaces located out in the deserts of New Mexico. here’s a utube of their work from four years ago
https://www.youtube.com/watch?v=pKTMgu5XmnY
Especially if, as they say, it’s a “drop in” fuel. No further refining needed.
No subsidy? How can they propose to get more energy per sq ft than the energy that the sun provides? Perpetual motion machine on steroids!
ExxonMobil dropped R & D on Algae Fuels like a hot rock. If they didn’t think it was economically feasible, I’d doubt anyone else should.
Rest In Peace, old friend, your work is finished.....
If you want ON or OFF the DIESEL KnOcK LIST jut FReepmail me..... This is a fairly HIGH VOLUME ping list on some days.....
I’ll believe it when I see it. Fifty times more fuel per acre than current production? Don’t ask me to invest in this. I would more likely be struck and killed by a meteor before I could collect.
Joule certainly is getting benefit from Federal and State Dollars. They do more than just the Algae.
http://www.nola.com/business/index.ssf/2012/12/boon_or_boondoggle_mounting_co.html
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Joule Solar Energy wants homeowners to know that 2015 tax credits are available for solar power system installations. Joule is the leading solar power expert in Louisiana.
While the amount of solar subsidies available varies by state, a combination of federal and state tax credits for homes in Louisiana covers up to 80 percent of the cost, according to Joule’s website. Ultimately, these incentives make solar power less expensive than power from the utility company.
Servicing the Lafayette and surrounding areas of Louisiana, Joule estimates a $25,000 solar panel system can be offset so that the homeowner is left with a final cost around $5,000.
http://finance.yahoo.com/news/lafayette-solar-power-expert-joule-175200458.html
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Are you sure you can support the claim they get no money from the feds?
http://www.afdc.energy.gov/fuels/laws/BIOD/US
From the article:
The company has previously indicated that it could produce up to 15,000 gallons of diesel fuels, per acre per year, and as much as 25,000 gallons per acre per year of ethanol
That's an average of 15.5 watts per square meter 24 hours per day. Let's double it to handle days vs nights and you get 31 W/m^2 for the daylight hours compared to about 1000 W/m^2 total solar power.
20.9 megajoules/liter* 25000 gallons/(year*acre) in watts/meter^2
Where 20.9 MJ/l is the energy density of ethanol.
“exotic yields from an exotic organism that uses CO2, water and nutrients”
Ruh Roh. Wonder what those “nutrients” are gonna cost per gallon of fuel produced and how much engergy inputs to make/harvest those “nutrients”.
Which equals 0.37 kWH per square meter per day.
If your numbers are correct, that is just a small percentage of the annual average solar energy reaching the ground.
>>More federal subsidy rent seekers at work. Their production claims amount to under 1/2 ounce of fuel per square foot PER WEEK!<<
You say that like it’s not much. That’s a whole lot of fuel per acre per year however, as the article states.
I’m not buying the hype until they actually have a plant producing, but if their numbers are right, they not only won’t need subsidies, but they’ll put corn-based ethanol out of business.
Thank you. That is what I wanted to see.
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