As most of you know, the most abundant source for a renewable fuel are algae, but manufacturing a product which could successfully compete with petroleum is still proving to be a challenge. At least one company, however, claims that it's getting closer and closer to making algae-based fuel a viable alternative to regular petroleum.
The company, called OriginOil, says that its production process will produce new oil from algae, through a cost-effective, high-speed manufacturing process. In fact, it even says that the first truly important part of their project, selling the product, has been completed successfully.
"We are very pleased with OriginOil’s flawless demonstration of its CO2 feeding and algae extraction systems to date," said Andrew Lawson, MBD Energy’s managing director. "We are also impressed with the quality of the engineering and the expertise of the team as algae growers and harvesting specialists."
OriginOil's first customer, MBD Energy, is currently using the fuel and, as far as it is concerned, algae work. So much so, that a future when hectares and hectares of plants will surround the sites of power stations doesn't seem so far fetched.
"Completing this first phase is a major milestone for us. We are excited to move on to the next stage of our multi-phase commercialization program with our global partner, MBD Energy, culminating in the deployment of OriginOil systems in full-scale power plant operations," said Riggs Eckelberry, OriginOil CEO.