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Author Topic: Algenol lowers to cost of ethanol production Back to Topics
goldseeker

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West Virginia

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Message Posted: Oct 2, 2013 10:36:17 AM

In Florida, Algenol CEO Paul Woods announced at the Algae Biomass Summit that the company has switched reactor system and has reached a peak production of 10,400 gallons per acre and a continuous production in the 8000 gallon per acre range.

It was the first major update from Algenol since March, when In March, the company said that it had exceeded production rates 9,000 gallons of ethanol per acre per year — and company CEO Paul Woods said at the time that ” I fully expect our talented scientific team to achieve sustained production rates above 10,000 by the end of this year.”With that, Woods said that his ethanol production cost, at scale, would be in the $1.18 per gallon range, and that with further development of the technology, Algenol is now able to produce diesel, jet fuel, renewable gasoline in addition to ethanol, via hydrothermal liquefaction technology.

Woods said that his plan was to market his fuel at 75 cents per gallon below the current market price — noting that the fuel still had to pass through a series of regulatory approvals that he estimated would take approximately 6 months.

Woods said that his plan was to market his fuel, presumably referring to ethanol, at 75 cents per gallon below the current market price — noting that the fuel still had to pass through a series of regulatory approvals that he estimated would take approximately 6 months.

Wow! I hope he succeeds. I say bring it on!

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Chazzer
Champion Author Nevada

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Message Posted: Nov 6, 2013 2:36:49 PM

Never heard of Algenol. Must be an East Coast thing?
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goldseeker
Champion Author West Virginia

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Message Posted: Oct 31, 2013 2:28:56 AM

If we would go to hydrous ethanol the cost would be even lower by about 30 cents per gallon. Of course the oil companies would not stand for this.
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goldseeker
Champion Author West Virginia

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Message Posted: Oct 30, 2013 2:40:51 AM

There is only one thing preventing consumers from getting ethanol at $2.00 per gallon. Big oil does not want it, and since they control distribution in most cases they will control the price. Let's face it, they do not want the competition.
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aRBy
All-Star Author Grand Rapids

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Message Posted: Oct 30, 2013 1:17:40 AM

Borsht:

If the EPA would lift its ban on METHANOL as a motor vehicle fuel, all the surplus natural gas would come into play at prices well below $2.00/gal.
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borsht
Champion Author Oakland

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Message Posted: Oct 29, 2013 11:19:51 AM

I don't believe there is any way the consumer will get ethanol for $2/gal.
If the production cost got down to where they could produce it for retail at $2, the government would bringitn back up to >$4 by taxing it.
WE will not get cheap energy IMHO.
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goldseeker
Champion Author West Virginia

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Message Posted: Oct 28, 2013 2:48:43 AM

We could soon see ethanol at less than $2.00 per gallon.
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Chazzer
Champion Author Nevada

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Message Posted: Oct 18, 2013 2:18:43 PM

Good for them!
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goldseeker
Champion Author West Virginia

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Message Posted: Oct 7, 2013 2:30:16 AM

If this catches on it, will be the way to go.
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ggg452
Champion Author Manitoba

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Message Posted: Oct 6, 2013 8:54:07 AM

Obviously a lot more testing needed.
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goldseeker
Champion Author West Virginia

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Message Posted: Oct 6, 2013 12:17:58 AM

Never use gasoline in your vehicle. Go with ethanol.
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RF4CPhantom
Champion Author Oklahoma City

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Message Posted: Oct 5, 2013 11:13:45 AM

Never use E-10 in your vehicle~!
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aRBy
All-Star Author Grand Rapids

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Message Posted: Oct 3, 2013 10:43:09 PM

It's possible to stimulate algae growth with CO2 emissions from power plants. It's a nice way to recycle CO2 and turn something we throw away into a valuable commodity.

I'm not a supporter of "global warming solutions". I am a supporter of turning waste into cash.
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darwinfinch
Veteran Author Gasbuddy

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Message Posted: Oct 3, 2013 11:29:44 AM

We can assume that these results are inflated a little to gather investments and public support, but even so it's awesome that the technology behind renewable fuel continues to advance in many different directions, all promising. Meanwhile, the oil industry digs deeper and harder to find the same old stuff in the ground, and prices rise.
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SilverStreaker
Champion Author Twin Cities

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Message Posted: Oct 3, 2013 10:04:31 AM

If true, they won't be able to build these fast enough, as everyone will want them.
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goldseeker
Champion Author West Virginia

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Message Posted: Oct 3, 2013 2:38:30 AM

That is pretty amazing. Energy inputs and emissions on the production end should be about the same.
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darwinfinch
Veteran Author Gasbuddy

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Message Posted: Oct 2, 2013 5:14:37 PM

8000 gallons per acre? Wow. That's exciting. Clearly more productive than corn ethanol. I wonder how their energy inputs compare? What are their production emissions? Other factors?

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