Bud Jermeland, 51, president of Energae LP, said the primary focuses of his company are waste-based ethanol and the use of algae in the making of ethanol for the nutraceutical and pharmaceutical markets.
Energae is producing algae in South Carolina that will be used as a low-cost extract for alternative fuels. “We are committed to the fact that algae is the best long-term solution for biofuels — biodiesel in particular,” said Jermeland.
“There are several uses for algae that can be profitable in the short-term,” said Jermeland. “One is gasification of the algae biomass and using the green fuels — the end product from that process — to power generators creating green electricity to sell on the grid.”
He said another possibility for algae use is to grow pharmaceuticals and nutraceuticals.
Jon Alexandres of Tallahassee, Fla., a former Mason City businessman, did research on the algae project and helped raise $4 million to build a complete algae producing system in South Carolina.
Veronica Cassandra
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3 comments:
“There are several uses for algae that can be profitable in the short-term, One is gasification of the algae biomass and using the green fuels — the end product from that process — to power generators creating green electricity to sell on the grid.”
I like that people are trying these kinds of projects.
Very promising technology.... but, they really need to find a way to produce fuel to be competitive with fossil fuels otherwise it has to be forced on the public to use or heavily subsidized to make it compete.
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