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Fri 24 October 2008 View all news
The Carbon Trust has launched a project which aims to make biofuels from algae a commercial reality by 2020. The Algae Biofuels Challenge could see up to £30m spent on developing the technology and infrastructure to support algal biofuel developments.
The Carbon Trust says that microalgae can be cultivated and manipulated to produce high yields of oil that can be used as a feedstock for further refining into transport oil. The potential biomass yield of microalgae is vast compared to conventional agricultural biofuel feedstocks and it would appear to have few of their negative impacts. However, many challenges remain to make low cost algae biofuels a commercial reality. The Algae Biofuels Challenge is a two phase programme with the first phase addressing fundamental R&D challenges and the second phase moving to large scale production of algal oil. The total programme cost is expected to be in the region of £20m-30m, with up to £10m-16m of Carbon Trust funding.
The call for proposals for Phase 1 of the ABC opened on the 23rd October 2008 and closes on 15th December 2008. Further details about the ABC can be downloaded from the Carbon Trust website (see associated link).
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