[ad#The Buzz Sponsor Ad]

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
Fort Myers, FL-based Algenol has announced that the U.S. Environmental Protection Agency (EPA) has approved fuels made from Algenol’s process as an advanced biofuel, meet...
Researchers Greg O’Neil of Western Washington University and Chris Reddy of Woods Hole Oceanographic Institution (WHOI), have exploited an unusual and untapped class of c...
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...
Caroline Scott-Thomas reports on Food Navigator about an online algae discussion on the social media site Reddit where Mars' chief agricultural officer Howard-Yana Shapir...
Nutritionaloutlook.com this month gives a well-rounded survey of how algae’s uses in food, beverage, and supplements keep expanding. Here is an excerpt: Thanks to the 201...
Montague, Prince Edward Island-based Solarvest has announced that it has used its algal-based production platform to express bioactive therapeutic proteins. The proof of ...
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...
Tubular glass photobioreactor (PBR) systems protect algae from harmful environmental factors, keeping strains safer from bio-contamination. The glass tubing itself can be...
The vision of developing a community college degree program to train a high technology algae workforce was launched at New Mexico's Santa Fe Community College (SFCC) in 2...
The Biotechnology Industry Organization (BIO) has named Solazyme CEO and co-founder Jonathan S. Wolfson as the recipient of its 2015 George Washington Carver Award for in...
Japan’s IHI Corporation has announced that they have succeeded in stably cultivating a modified high-output algal strain in a 1,500 square meter open pond in Kagoshima, K...
Rich McEachran writes in the Guardian that, in the process of surfacing a road, layers of asphalt – which is composed mostly of bitumen (a byproduct of crude oil distilla...
Using microalgae to capture CO2 is a complex process, especially in flue gas environments, reports an editorial by IEA Clean Coal Centre in worldcoal.com. There are many ...
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...
EnAlgae researchers have published an economic model to help to explore the economics of cultivating macroalgae at sea. The model and report can be found here as outputs ...