Thai Energy Leader Embraces Algae-based Biofuel

September 4, 2012
AlgaeIndustryMagazine.com

Dr. Pailin Chuchottaworn

Dr. Pailin Chuchottaworn: Researching potential of algae biofuels in Thailand

The Bangkok Post reports that Public Company Limited (PTT), Thailand’s national oil and gas conglomerate, expects that algae-based biofuel will be commercially viable by 2017 at the price of US $150 per barrel, according to chief executive Dr. Pailin Chuchottaworn. Within that date algae-based petrol could be able to compete with fossil oil, which is expected to hit $150 per barrel, Dr Pailin told a forum at the second Asia-Oceania Algae Innovation Summit, in Bangkok.

“Although the price of algae biofuel is (currently) two to three times higher than fossil fuels, in the future we are going to have economy-of-scale production and appropriate strains for biofuel production,” said Dr. Pailin.

PTT has teamed up with leading universities, the Thailand Institute of Scientific and Technology Research (TISTR) and the National Science and Technology Development Agency developing algae biofuel since 2008. In 2010, the alliance selected more than 1,000 algae strains from domestic fresh water sources as well as from the sea. That group has been shortlisted to 14 appropriate strains for further development.

Dr. Pailin said that last year PTT allocated 250 million baht ($8 million USD) for an algae plantation in Rangsit with targeted production of 100,000 litres. The site is intended to be a regional center for algae cultivation with research focusing not only on biofuel, but on by-products such as animal feed, food supplements, antioxidants and pigments.

PTT’s algae biofuel research and development project has been allocated a budget of 20 billion baht ($642 million USD) between 2012 and 2016. The R&D budget accounts for 3% of the group’s capital expenditure of 720 billion baht ($23 billion USD) during the five-year period.

Read More

More Buzz…

HOME Algae Industry Jobs

Copyright ©2010-2012 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
Don Willmott writes in Huffington Post about Nevada-based Algae Systems, which has built a test plant on Alabama's Mobile Bay to not only turn algae into diesel fuel but ...
Cellana, Inc., with operations in San Diego and Kailua-Kona, Hawaii, has announced that David Anton, Ph.D., has been appointed Chief Operating Officer and elected to the ...
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...
Brian Krassenstein, writing in 3Dprint.com, goes deeper into the recent paper in Engineering in Life Sciences journal discussing the impact 3D bioprinting will have in th...
None of us would be alive if sperm cells didn’t know how to swim, or if the cilia in our lungs couldn’t prevent fluid buildup. But we know very little about the dynamics ...
The U.S. Environmental Protection Agency (EPA) is developing an early warning indicator system using historical and current satellite data to detect algal blooms. EPA res...
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...
UC San Diego’s efforts to produce innovative and sustainable solutions to the world’s environmental problems have resulted in a partnership with the region’s surfing indu...
Natacha Tatu writes in Worldcrunch about a 72-year old French chef who has taken on the challenge of bringing spirulina to the malnourished youth of the Central Africa. F...
OriginClear Inc. and partner AlgEternal have announced that, based on AlgEternal’s field tests, they believe their pure algae concentrate, harvested with OriginClear tech...
Studies conducted by EnAlgae partners in Ireland, France and Belgium point the way to seaweed being a viable and sustainable feedstock for the future in North West Europe...
Biocrude oil obtained from hydrothermal liquefaction (HTL) of algae can be an energy-efficient replacement for the fossil crude oil normally used in the production of fue...
In Japan, the Algae Biomass Energy System Development Research Center, headed by Professor Makoto Watanabe, was established at the University of Tsukuba on July 1. The ne...
Scientists have been investigating the likely future impact of changing environmental conditions on ocean phytoplankton, which forms the basis of all the oceans' food cha...
Nurit Canetti writes in Israeli Pulse that Rwandan agronomists are on a one-year visit to Israel to study various aspects of Israeli agriculture firsthand. Primarily they...