MEDIA RELEASE/PRWEB
The combination of rising oil prices and concern for climate change has accelerated interest in algae biofuel as a clean, carbon-neutral alternative energy source.Â
Several companies – including several in Hawaii – currently are working on ways to produce energy and oil from algae. But a new white paper, based on findings from the inaugural Algal Industry Survey, reveals a number of issues that need to be addressed before the industry can move forward.
The Algal Industry Survey, spearheaded by Dr. Mark Edwards, director of GreenIndependence.Org, was designed to provide a baseline of information about the emerging industry and to assist in creating strategy for research, development and demonstration priorities.Â
“Improved information on industry needs will support industry participants and provide critical information needed for public policy decisions and support,” Edwards said.
Participants in the Algal Industry Survey included scientists, project developers, academics and investors who attended the Algae World 2008 conference in Singapore. Â
“Respondents were generally positive about the future of the industry and optimistic about algae’s potential to solve critical social and economic problems,” Edwards said.
Among the key concerns addressed in the white paper:
* What are the critical issues for the algal industry?
* Recommendations for moving the algal industry forward
* What will be the top three biofuels made from algae?
* What feedstocks make the most sense for algae oil production?
The survey is released ahead of the Algae World 2009 conference, scheduled for April 27-28 in Rotterdam. The conference, organized by the Centre for Management Technology, is dedicated toward providing insights on business opportunities, as well as the latest advances and constraints in algae cultivation, harvesting and processing. Â
— Find out more and download the survey:
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