
The promise of algae fuels seems to good to be true, and now we're seeing that it just might be. Algae's ability to grow extremely fast, on small areas of land, and produce huge amounts of bio-diesel per acre has been touted a lot. But now, one of the sector's leaders, GreenFuels, has gone bust.
Not only were they unable to raise a third round of funding, but they couldn't deliver on their first contract because of technical glitches in their bio-reactor algae growth process.
GreenFuels' process is very similar to the processes being used by lots of other algae fuel startups, and this news has got a lot of people questioning whether algae fuel is a truly viable technology. But there are other algae companies, like Solazyme, that use completely different technologies.
In any case, I'm suddenly feeling a lot less excited about algae bio-diesel, especially with good news continuing to flow out of the cellulosic ethanol and electric battery fields.

written by eddnorris, May 14, 2009
Good People can die and fail and lie and steal, Good Ideas are bulletproof (and can keep going forever).
Dont Give Up on Good Ideas People. Stay on the Green path where it can be forged and we will match into the future with heads high, pride full, lungs clean, and pockets full.
(sorry i kinda turned that into a rant)
-eco-geek-out-
EDDnorris
written by anonymous, May 14, 2009
i think that you could probably do some really interesting writing by doing some investigations into the algae field. I formerly worked in biofuels and what was clear to everyone in my company is that these companies raising 10's or 100's of millions of dollars had very little other than some interesting genetics and possibly a small pilot scale reactor. the surface in much of the algae world is very thin and easily scratched, I think.
written by Tim, May 14, 2009
written by Orfintain, May 14, 2009
Algae is the only realistic way to get enough liquid fuel per acre to meet global demand, nothing changes that.
written by glenn, May 15, 2009
written by Steve A., May 15, 2009
written by Ronald Chick, May 15, 2009
I am with you a 110 percent. Good ideas are always good ideas no matter what. I believe there are people who can make it work. Small footprint ,high energy yield , and CO 2 usage is a formula that needs more consideration. Lets not give up the ship
written by Rog, May 15, 2009
The first thing we need to do is to produce diesel engines from the factory as they were originally intended to burn RAW non-transesterified hydrocarbons such a straight vegetable or algae oils. Biodiesel requires the use of petrochemically derived methanol and lab grade lye such as KOH (as far as I know no one has successfully done biodiesel transesterification using corn/cellulose ethanol... and besides we all know what a losing proposition ethanol is anyway). Cargo ships and locomotives that use diesel-electric powerplants could be easily retrofitted with engines that burned pure non-petrochemical hydrocarbon oils and use non-petrochemical lubricants. Getting companies to actually make the relatively simple modifications the engines such that they can burn these fuels under all relevant environmental conditions is the hard part since none of them seem to think anything other than dinodiesel is an effective fuel hydrocarbon for diesel combustion engines... which is very much not the case.
written by HeadTater, May 15, 2009
written by HeadTater, May 15, 2009
written by Daniel J Swanson, May 16, 2009
written by Hannah, May 17, 2009
Please keep us updated on this topic.
Build a Kinder Earth
written by Katinka, May 19, 2009
written by Douglas Arrison, May 19, 2009
written by Ray-ray, May 19, 2009
written by Sally G, May 19, 2009
The moral: patience. Don't quit when one company fails. Hope that they will sell their patents or find new investors and get better financial advice the second time. Boeing is working on algal jet fuel (I forget with whom they are working, but Virgin Airlines is also interested.) We're too used to instant everything; inventing a new technology takes time. To paraphrase a song lyric, "We've only just begun!"
written by tom, May 19, 2009
written by terry hallinan, May 20, 2009
The Cyclone engine is also powered by waste heat and solar.
Nothing wrong with algae fuel at all but there will be many stumbles on the way to market.
Best, Terry
written by STEPHEN R. MORBLEY, May 20, 2009
started in the U.S. there were numerous in number.
Greenfuels going bust may be nothing more than
this an attrition to this the Green industy.
Such events have occured in almost every new
industry in the U.S. from the railroad to software.
There is no need to throw in the towel in the algea fuel industry.
written by David Rubin, May 20, 2009
Obviously we should continue on the biofuels path, but we should not neglect the electric power path.
written by GreenerMason, May 20, 2009
written by jAC, May 20, 2009
written by John, May 20, 2009
Take a look at your modern petroleum processing factory. Do you think when we first started extracting black gold from the ground these facilities sprouted up overnight? Of course not. Algae fuel development will probably be no different.
Hell...if cold fusion can be back in the news as a promising power source...why not algae?
written by Chuck, May 23, 2009
The technology is fine, like others have said it takes time and often doesn't fit the VC model which in my thinking is a piss poor model. What we need is capital that is patient and is less demanding in expectations of returns. Capital that is about building local economies and sufficient returns with good paying jobs. VC needs to transform to local economies investing in local modest returns, then the conversation changes.
written by Nicola Terry, May 26, 2009
written by Carvacas, June 09, 2009
About the issue that they still release CO2... That's true but thanks to photosynthesis the budget is 0. CO2 out, CO2 in! Now a days is Co2 out Co2 out...and millions of years latter Co2 in.
Let's close the circle
written by bryan patrick barnard, July 02, 2009
written by Robin, July 14, 2009
written by Honolulu Solar Panels, November 07, 2012
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The same thing has to happen with all new technologies.