A one acre, horizontal photo Bio reactor style Algae Farm can yield 50,000 gallons of Bio Feedstock compared to 700 gallons using Corn or Soy, but when set up using a vertical system it could yield 5 times as much or 250,000 gallons a year at the going rate of $2.00 per gallon.
50,000 gallons of feedstock? The general consensus is that someday we could get to 5,000 to 10,000 gallons of oil per acre. That's still far better than anything else (Jatropha is worth only 175 gallons an acre), but waaaaay less than 50,000. (Not everything in algae is oil. It's about one-third. Russell, like everyone else, is looking at selling protein and biomass as well.) Bryan Wilson, a Colorado State professor and co-founder of algae specialist Solix, said earlier this year that claims beyond 14,000 gallons of oil an acre seem to be "unsupportable." Valcent has claimed it might be possible to get into the 150,000 gallon an acre range, but it is on the extreme end of the issue. We called Russell. The company referred us the National Algae Association. We are waiting to hear back from them. The mainstream might be wrong. The costs for solar are dropping faster than ever and there were probably several reasons why electric sports cars were dumb ideas in 2002. But it's good to keep the consensus in mind.Greentech Media's Green Light blog covers the full-scope of the greentech world, while expanding the range of our daily news reporting with brief and insightful blog posts from our Greentech Media editors, GTM Research analysts and numerous guest bloggers.
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