Algenol Biofuels announced plans for a pilot algae-biorefinery to produce ethanol from captured CO2. The demonstration plant will have the capacity to produce 100,000 gallons a year, with desired cost of the ethanol at $1.00 per gallon.

Algenol Biofuels
Paul Woods, CEO of Algenol, said in a recent press release, “this project sets the stage for commercial scale production by proving two critical principles: first, that ethanol can be made economically without consuming fresh water or displacing valuable farmland better suited to food and feed production; second, that atmospheric concentrations of carbon dioxide can be reduced by capturing CO2 from a variety of industrial sources and using it to produce fuel that can displace conventional, high carbon gasoline.”
The project will move forward in partnership with Dow Chemical Company, the National Renewable Energy Laboratory, the Georgia Institute of Technology and Membrane Technology & Research.
Propel’s fueling platform currently delivers advanced low-carbon fuels including biodiesel from waste stream feedstocks like recycled fats and oils, and locally grown, marginal land crops like camelina. The fueling platform is designed with the flexibility to accommodate low-carbon fuels today, as well as future fuels such as algae- and cellulosic-based fuels, hydrogen and electric chargers. As petroleum extraction becomes more harmful and invasive, today’s alternative fuels are already more sustainable, with next generation fuels on the horizon providing even greater benefits.