Click here for more information about Algenuity
Click here for more information about Liqofluxphenometrics515R1
Visit cricatalyst.com!Evodos Separation Technology

Process

Help “reset” the algae industry

November 1, 2015 — by Robert Henrikson
AlgaeIndustryMagazine.com

Yes, push that red reset button to get the algae industry back on track, by nominating players who are making a real and positive contribution in the world of algae. Over this past decade, the Algae Industry has been dominated by big money chasing the mirage of commercial algae biofuels. My March 2011 post Shakeout in Algae Biofuelsdescribed shakeout scenarios about to unfold.

This great biofuel boom and bust raked in billions of dollars in government, corporate and private investment over the past decade, attracting charlatans and collaborators (some who knew better) who sucked up the public bandwidth about algae, burned investors, and discouraged many from funding algae ventures for food, feed and high-value products.

Failed biofuel companies may try to excuse themselves because the price of oil fell. A decade ago, experts with real algae experience could not identify a pathway to make algae biofuel cost competitive with conventional fuel even at higher fuel prices. Where is the path forward today?

Just a few years ago corporate suits were dismissing non-fuel products from algae as “co-products” for “niche” markets. Now they are gone. Their replacements at algae biofuel ventures have desperately tried to pivot to those niche markets and algae co-products like food, feed, nutraceuticals, high value oils and fine chemicals, to show a real income stream for their sponsors.

During this time, we have also learned about the barriers to the massive scale required for biofuel commercialization. This undermines the claim that bigger is better, and renews appreciation of small is beautiful.

Algae industry conferences use to open with a plenary panel of algae CEO “all-stars,” touting their big successes developing biofuels. One-by-one they have dropped away.

If 10% of the funding for algae biofuels had been directed into R&D for animal nutrition studies and cost reduction for algae aquaculture and animal feeds and human food, we would already be well along on this path. Growing algae for feed and food will have a far greater impact on reducing negative effects of climate change than biofuels ever would, and in doing so, we will support all sentient beings on this Earth.

Let’s reset our algae narrative. There is plenty of good news to share. Opportunities abound. Refocus on the real algae industry that offers real products and services from algae. Let’s nominate individuals and organizations that understand how to change the world. “Eat Algae, Don’t Burn It.”

More Like This…

Copyright ©2010-2019 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.

twittertopbarlinks_eventstopbarlinks_requesttopbarlinks_archives

From The A.I.M. Archives

— Refresh Page for More Choices
The Utah Science Technology and Research (USTAR) initiative, a technology-based economic development program funded by the state of Utah, has awarded a $175,320 grant for...
French researchers have been exploring the potential of algae for boosting the immune systems of animals and reducing the use of antibiotics in livestock farming. Past st...
Israeli-based Algatechnologies, Ltd. (Algatech), is teaming up with the Italian R&D company, Sphera Encapsulation S.r.l (Sphera), to develop innovative functional ingredi...
Global EcoPower (GEP), of Aix-en-Provence, France, has signed a 5-year partnership contract with the French Alternative Energies and Atomic Energy Commission (CEA). This ...
Hayley Dunning writes from the Imperial College of London that a new discovery has changed our understanding of the basic mechanism of photosynthesis and should rewrite t...
Amy Thompson writes in Space.com that SpaceX successfully launched its 15th Space Station cargo-resupply mission on Friday, June 29; carrying a payload of experiments des...
Algae and corals have been leaning on each other since dinosaurs roamed the earth, much longer than had been previously thought, according to new research led by scientis...
Milenio.com reports that BiomiTech, a Mexican company, won a prestigious innovation award for its air purification system at the Contamination Expo Series 2018 held in Bi...
Environmental Technology magazine notes that the difficulty in predicting how algae blooms will develop lies in their variform nature. With a multitude of different bloom...
Nature.com reports that swimming algae have been enlisted to carry drugs to individual cells, raising the prospect that such “microswimmers” could deliver targeted therap...
E.A. Crunden writes in thinkprogress.org that Florida’s first gubernatorial debate was dominated by environmental and climate issues, with an emphasis on the state’s alga...
Julianna Photopoulos writes in Horizon EU Research and Innovation magazine that UK start-up Skipping Rocks Lab aims to use natural materials extracted from plants and sea...