"The algae incubator program is designed to test commercial algae technologies and equipment but also for job training and potential opportunities in the commercial algae production industry", said Barry Cohen, Executive Director of the National Algae Association, "and we are already seeing the benefits of the algae production incubators."
"We continue to bridge the gap between commercially-
Recent EPA CO2 mandates have power plants, refineries and cement plants revisiting algae as a potential source to sequester CO2. Commercial closed-loop system s could be co-located on or near power plants to sequester CO2 anywhere in the world. Algae CO2 sequestration technologies are being enhanced every day . NAA sees new working relationships being formed between algae companies on one hand and power plants, refineries and cement plants on the other, all focusing on CO2 sequestration to help meet the government mandate.
"It's very encouraging to see more and more private investments coming into the algae production industry, and interesting to note that the people who are really growing aren't issuing lofty press releases. After all, someone needs to grow it - for real - and there's no shortage of off-take contracts available these days," Cohen said.