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NSF Awards NCSU Team $2M For Research on Deriving Drop-in Renewable Hydrocarbon Fuels from Algae

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The team will begin working with marine algae called Dunaliella , which grow in brackish or salty water. Simultaneously, the researchers will ascertain which chemical catalysts and operating parameters should be used to optimize the conversion of the fatty acids into the desired fuels. Earlier post.). Earlier post.).

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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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Meanwhile, aviation and marine fuel demand could add 200 BGPY or more to global transportation fuel demand by 2021.despite Meanwhile, aviation and marine fuel demand could add 200 BGPY or more to global transportation fuel demand by 2021.despite Number of off-take agreements with oil and chemical will increase, confirming the trend.

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Pike Research forecasts global biofuels market value to double to $185B by 2021

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between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Multiple aims include the reduction of dependence on imported oil, mitigation of greenhouse gas (GHG) emissions, and driving economic development. Pike projects that by 2021, the production of biofuels derived from a range of feedstocks will reach 65.7

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