As long as ethenol is on the move, we have a company that is going to be in the driver seat. Why wouldnt an ethenol plant want to use technology that will help produce more product.
This technology is totally amazing. Their process creates more starch than the corn they use to make the ethenol in the first place.
Ethanol is made from starch-based feedstocks. The algae in the bioreactor convert exhaust carbon dioxide and sunlight into a biomass that is comprised of about 94% starch and about 6% oil. This exceeds the starch concentration in corn, the primary feedstock for domestic ethanol production today, which contains about 63% starch and 3-4% oil. Even more impressive is that the preliminary test data show a doubling of the biomass several times per day - a rate much faster than plants, and it does all of this on a footprint that is orders of magnitude less than the surface area required for crops.
Veridium's immediate focus for this technology is to deploy a commercial-scale pilot operation while seeking out qualified early adopters for deployment of the technology in the ethanol industry and in the traditional power generation industry.
"We have been focused on ethanol front for some time now and most of our current market development focus is on deploying technologies that enhance production efficiencies for existing ethanol facilities," said David Winsness, chief executive officer of Veridium's industrial design division. "Our bioreactor technology is just one of several such technologies that we plan to roll out this year."
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