25 Jan '12, 5pm

Renewable Energy Focus - OriginOil and DoE to convert algae into

"We believe this is a major breakthrough for OriginOil and a major step forward for the algae industry," says Riggs Eckelberry, OriginOil CEO. "We already lead the industry with our chemical-free, low-energy, continuous high-flow harvesting system. "From there it's a natural step to helping algae growers make a direct crude oil replacement right on site, giving them direct access to the existing world market for transportation fuels, including jet fuel. That's an instant upgrade from what is now a niche market, to the immediate 86 million barrel per day global crude oil market." OriginOil's Biocrude System will integrate its own harvesting system with a biomass processing technology being developed under the recently-announced research agreement with INL , to convert raw algae into renewable crude oil.

Full article: http://www.renewableenergyfocus.com/view/23456/originoil-...

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