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There has been 2 big events in the Algae & biofuel industry in the last 2 weeks.
#1Green Star, has confirmed a daily growth rate increase of 34% using the “Montana Micronutrient Booster (MMB)†formula. This growth rate booster can increase the total biomass quantity in a harvest algae growth cycle by well over 100%. The tests where conducted at Biotech Research’s lab facility at the UABC University in Ensenada, Mexico
#2"Mcgyan Process," the technology, inspired by the work of Augsburg undergraduate Brian Krohn, converts most feedstocks into biodiesel fuel without using much water or producing lots of waste.
Ever Cat Fuels, a start-up co-founded by Augsburg alumnus Clayton McNeff, is building a $5 million plant in Isanti that eventually will produce 3 million gallons of biodiesel fuel a year.
Normally, companies make biodiesel fuel by mixing soybean oil with a sodium hydroxide "catalyst" in a tank that's heated at a high temperature. But this "batch" process takes hours to complete and produces waste. The catalyst itself must be neutralized with either hydrochloric or sulfuric acid, two toxic chemicals.
The Mcgyan method employs a metal oxide catalyst that converts a mixture of alcohol and feedstock oils in a tubelike reactor to biodiesel fuel. This continuous or "flow" process makes it more efficient because it takes seconds to complete and produces little waste, McNeff said. Patents on the process are pending.
One of the feedstock oils can be algae oil, which can be produced in great quantities from wastewater. Xcel Energy Inc. has invested $4.5 million toward algae and other alternative energy work through the University of Minnesota's Initiative for Renewable Energy and the Environment.
The timing for Friday's announcement could not have been better. Oil prices reached record highs this week, twice breaking $105 a barrel. That's higher than the previous peak in April 1980, when oil topped $101, after adjusting for inflation.
Gallons of Oil per Acre per Year
Corn . . . . . . . 15
Soybeans . . . .48
afflower. . . . . 83
Sunflower . . . 102
Rapeseed. . . 127
Oil Palm . . . . 635
Micro Algae . .1850 [based on actual biomass yields]
Micro Algae . .5000-15000 [theoretical laboratory yield]
Jim Middlesworth