Algae - The Holy Grail of Fuel

The algae derived fuel will be an energy efficient replacement for fossil fuels and can be used in any diesel powered vehicle or machinery.

The record oil price increases since 2003, competing demands between foods and other biofuel sources and the world food crisis have ignited interest in algaculture (farming algae) for making vegetable oil, biodiesel, bioethanol, biogasoline, biomethanol, biobutanol and other biofuels. Among algal fuels' attractive characteristics: they do not affect fresh water resources, can be produced using ocean and wastewater, and are biodegradable and relatively harmless to the environment if spilled. Algae cost more per pound yet can yield over 30 times more energy per acre than other, second-generation biofuel crops. One biofuels company has claimed that algae can produce more oil in an area the size of a two-car garage than an football field of soybeans, because almost the entire algal organism can use sunlight to produce lipids, or oil.