Biofuels Development
In this section, we review progress in the algae and biomass market. Both algae- and biomass-based fuels are currently in various stages of development. We review two situations with regard to private and publicly funded research for these fascinating fuels. In both cases, cost structures will reign supreme. How can these fuels be commercially produced and competitively priced with fossil fuels? That is the imminent challenge.
Algae Biofuels
There are a few high-tech research firms that are actively researching the development of growing and harvesting algae into biofuels. The technology is based upon creating growth environments similar to its natural ecosystem. Algae grow naturally in ponds and open water. Researchers are ...
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