[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
With their new CO₂ processing-platform called AstaCos, AlgaeBiotech can produce waxy particles of only 50-100 µm in size with a loading of 25% astaxanthin oleoresin. The ...
In a recent study, published in PLOS ONE Journal, the influence of light intensity on the growth and lipid productivity of Nannochloropsis salina was investigated in a fl...
The European (FP7) algae project Sustainable PoLymers from Algae Sugars and Hydrocarbons (SPLASH) has been developing a platform technology for the conversion of third ge...
Five years ago, on April 20, 2010, an explosion on the Deepwater Horizon rig caused a release of 200 million gallons of oil into the Gulf of Mexico before the well was ca...
Algae “red tide” events often create dazzling nighttime light shows of blue-green bioluminescence resulting from the force generated by breaking waves. While many mysteri...
SciDev.Net’s South Asia desk reports that Indian scientists working on producing biofuel from algae cultured in municipal wastewater are enthused by the findings of a rec...
Earthrise Nutritionals, a wholly owned subsidiary of Tokyo, Japan’s DIC Corporation, is on schedule to complete construction in August, 2015, of a new extraction plant fo...
OriginClear Inc. and partner AlgEternal have announced that, based on AlgEternal’s field tests, they believe their pure algae concentrate, harvested with OriginClear tech...
Tom Redmond and Yuko Takeo report for Bloomberg.com that, after 10 years of developing algae as a nutritional supplement generating $37.8 million in annual revenue, Japan...
Bigelow Laboratory, of East Boothbay, Maine, and the University of Mississippi have formed a five-year Strategic Inter-Institutional Partnership Agreement for collaborati...
DENSO Corporation, Toyota Motor Corp.’s largest supplier, has announced that it will build a large test facility to culture Pseudochoricystis ellipsoidea – an oil-produci...
Algae may hold the key to feeding the world’s burgeoning population. If algae’s efficiency at taking in carbon dioxide from the air could be transferred to crops, we coul...