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Monday, 06/29/2009 10:35:38 PM

Monday, June 29, 2009 10:35:38 PM

Post# of 343
Hi Folks..
This may be kind of off topic because this company is private, but take a look at Algaeventure Systems. In March they announced they found a way to reduce the processing costs of some types of algae by 90% to under $2 a ton. The NREL said processing costs would have to get under $50/ton in order for algae to compete with crude oil. These guy didn't just break through the barrier, they demolished it if claims are true.
I found out about them from a brochure for a military fuels conference in D.C that Cyclone Power Technologies was also presenting at last week. Cyclone was showing off a self-foraging military robot proposal.(Cyclone developed the multifueled engine for it) Cyclones CEO mentioned a really exciting algae oil extraction process he saw while he was there, so I backtracked and found these guys. Can you see $20/barrel algae oil and nearly zero pollution Cyclone engines running on it? I'm licking my chops.. LOL!
PS.. Cyclone engines run great on straight unrefined algae oil, and although they haven't tested it yet, I'm sure they could also run on algae biomass.
If our government pulls it's head out of it's posterior, they will quit throwing our tax money away, trying to make corn based ethanol work in outdated internal combustion engines.
Take care all! Happy DD..

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