Algenol to distribute algae-derived ethanol commercially

Algenol to distribute algae-derived ethanol commercially

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Offering ethanol made from algae for the first time commercially, Algenol Biotech LLC and Protec Fuel Management, LLC have entered into an agreement to market and distribute ethanol from Algenol’s Fort Myers, Fla., commercial demonstration module. The two will also offer Algenol’s future 18 million gallons per year from its commercial plant, which is planned for development in Central Florida in 2016 and 2017.

Protec Fuel will distribute and market the fuel for E15 and E85 applications for both retail stations and general public consumption, as well as fleet applications. . . .

This agreement follows a series of successful commercialization milestones achieved by Algenol, which include its pathway approval by the US Environmental Protection Agency (EPA) in December 2014, its organism approval by both the state of Florida and by the EPA in the same year, and the June 2015 completion of its 2-acre commercial demonstration module funded in part by a $25 million DOE Recovery Act grant. Algenol is producing ethanol meeting the D4806 ASTM specifications on a daily basis, and it can be sold commercially as E85.

Algenol has developed a patented technology using algae to produce the four most widely used fuels: ethanol, gasoline, jet and diesel fuel, all for about $1.30 a gallon. The company captures, recycles and utilizes CO2 that is used as a feedstock for the algae, an approach specifically identified as a qualifying technology for reducing carbon emissions in the recently established Clean Power Plan.

Its pathway reduces Greenhouse gas emissions by 69% per gallon compared to traditional gasoline according to the official EPA pathway approval.

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Algenol signs MOU with ZYNE to produce renewable fuels in China using industrial CO2 emissions

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US-based algal fuels company based Algenol will partner with South China’s Fujian Zhongyuan New Energy Company, Ltd. (ZYNE) to develop projects throughout Southern China, utilizing carbon emissions to create renewable fuels. The goal is to provide solutions for China’s three biggest challenges: access to clean air, clean water and sustainable fuels. . . .

Under the framework of the US-China Climate Change Working Group, there is a global effort to reduce greenhouse gas emissions. Algenol’s patented Direct to Ethanol technology process utilizes industrial CO2 emissions directly from power plants as a feedstock for proprietary cyanobacteria (blue green algae) to produce the four most important renewable transportation fuels (ethanol, gas, diesel and jet).

On one wet acre of algal cultivation, Algenol can produce around 8,000 gallons of liquid fuels with a majority gallons of ethanol, 500 gallons of jet ultra-low sulfur diesel, 380 gallons of gasoline and 315 gallons of jet fuel. This net production of around 8,000 gallons of fuel products on a single acre of land compares favorably to corn at 420 gallons per acre per year, Algenol suggests. . . .

The companies will identify and evaluate the utilization of CO2 emissions from industrial sources such as power plants, steel mills, cement and chemical factories in the Fujian province, and other parts of Southern China. Once the CO2 sources are identified, the process will begin to incorporate Algenol’s technology solution of carbon capture and utilization and renewable fuel production.

An added benefit of Algenol’s technology is the primary by-product of clean water, which is valuable to many communities in Southern China. . . .

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