[ad#The Buzz Sponsor Ad]

Algenol ends plans to expand in Florida

June 12, 2013
AlgaeIndustryMagazine.com

algenolFort Myers, Florida ABC television station WZVN-HD reports that Algenol is scrapping plans to build a nearly $500-million algae-to-ethanol production plant in Florida, in the aftermath of Governor Rick Scott signing a bill repealing a law that requires gasoline sold in Florida to contain 10-percent ethanol.

Algenol CEO Paul Woods had pioneered the construction of a $200-million state-of-the-art facility creating ethanol from algae. “I want to build the 85 pumps in Florida and have them be 50 to 75-cents per gallon cheaper than regular gas,” Woods had said, adding that he had wanted to create 2,000 more jobs by building a commercial plant. However now, he says, the jobs won’t be coming to Lee County or anywhere in the state of Florida.

Lee County Commissioner Tammy Hall fears the governor’s decision could send the wrong message. “These are some of the outcomes that will affect other ethanol-type businesses and renewable energy businesses looking at Florida,” she said.

The governor’s office defending it’s move saying, “While we continue to support efforts that will bring energy related innovation and jobs to Florida, the governor does not support state imposed mandates on specific industries.”

State Representative Ray Rodrigues stressed the internal conflict of it all saying, “I believe science has shown that ethanol created from algae is the most promising of all ethanol products.”

According to Woods, his company is now looking at building a new site in several other states including Texas, New Mexico and Arizona.

Read More

More Buzz…

HOME Algae Industry Jobs

Copyright ©2010-2013 AlgaeIndustryMagazine.com. All rights reserved. Permission required to reprint this article in its entirety. Must include copyright statement and live hyperlinks. Contact editorial@algaeindustrymagazine.com. A.I.M. accepts unsolicited manuscripts for consideration, and takes no responsibility for the validity of claims made in submitted editorial.

From The A.I.M. Archives

— Refresh Page for More Choices
Glass tubing manufacturer SCHOTT, and Algatechnologies Ltd. (Algatech), a commercial algae producer and one of the largest manufacturers of natural astaxanthin, have part...
Tel Aviv, Israel-based UniVerve Ltd. has begun scaling-up its technological process for algae cultivation. The oil, which can be extracted with off-the-shelf wet extracti...
The Chesapeake Bay Seed Capital Fund, located in College Park, Maryland, has invested $150,000 into Manta Biofuel LLC, a company that produces crude oil from algae at a c...
The Symbiosis Center in Denmark is exploring the industrial potential of microalgae, reports EUobserver's Regional Focus magazine. Using CO2 and light to produce valuable...
Hannah Osborne writes in the International Business Times that algae has been genetically engineered to kill cancer cells without harming healthy cells. The algae nanopar...
Ewen Callaway writes in the jounal Nature that restrictions on harvests and exports of Gelidium seaweed in Morocco have affected the global supply of the lab reagent agar...
While researchers have long suspected that climate change will lead to stronger and more frequent algal blooms, a new fusion of climate models and watershed models has pr...
Students of algal research, including it's various applications and business models, have increasing opportunities to get quickly up to speed in many aspects of the rapid...
Algae.Tec has announced that it has completed the commissioning and initial startup of an algae production plant to produce algae-based nutraceutical products. The plant ...
Flint Michigan’s water supply was switched from Lake Huron to the Flint River in 2014. The Flint is so notoriously dirty that some locals call it the Filth River. The cha...
The new algae raceway testing facility, opening February 4 at Sandia National Laboratories in Livermore, California, paves a direct path between laboratory research and s...
Abigail Klein Leichman writes in ISRAEL21c that, in the rush to research algae-based technologies, Israel – as a startup nation itself – is at the forefront of much of th...