Costs for algae-based fuel currently range from $10 to $100 per gallon, according to systems engineer Ron Pate at Sandia National Laboratories. “The idea [is] bringing algal oil down to $1 or $2 per gallon at a scale of 50 million gallons [190 million liters] per year.”High cost is a problem throughout the algal biofuels industry. “It’s energy cost to pump the water,” says Craig Harting, chief operating officer for Vancouver-based Global Green Solutions, which is building 100 bioreactors large plastic devices used to grow algae at a pilot plant in El Paso, Tex. “It’s capital cost to build bioreactors. It’s the harvesting and extraction process.”
via Companies Trying to Bring Down Cost of Producing Oil from Algae.
