The Importance of Due Diligence for Algae Startups
Biomass Power & Thermal
By Peter A. Letvin January 05, 2012
Algae holds promise as a next-generation biofuel, both for heat and electricity and especially for transportation fuels. Algae could potentially be a game changer for biofuels in the future. Critical to algae entering this game as a true contender is productivity.
Energy & Environmental Research Center research has shown that algae may be able to produce 100 times more gallons of oil an acre per year than soybeans. This is the one metric that has driven the algae-to-fuels industry to where it is today. Metrics are important, especially to biofuels. Of course, many important metrics must enter the conversation and be understood in order to determine if algae will be a successful biofuel feedstock of the future.
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