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Follow on Google News | The Emerging Biofuels Potential-Algae fuelsAccording to Industrial Biotechnologies China News February, 2011 issue,algae culturing is the foundation of algae-based diesel industry, the costs of which may take up about 40% of the total in algae-based diesel.
By: CCM International Limited Among them, algae is the most promising alternative, which can be used to produce vegetable oil, biodiesel, bioethanol, bio gasoline, bio methanol, bio butanol and countless other biofuels, since algae can be grew in almost all sorts of water, range from salt water in oceans to waste water, it also produces far more convertible oil than any other plant or crop in use. Algae have the potential to replace a much higher proportion of fossil transportation fuel than the traditional feedstock, which indicated that fuel from algae represents a huge market that worth investing hundreds of billions of dollars. Thanks to algae's fast growing speed but without occupying any farmland, China has started to promote its algae-based energy as early as 2005. Besides research institutes, many enterprises such as ENN Group also entered into the algae-based energy field. For example, ENN Group announced to realize commercialization of its algae-based diesel by 2014. According to Industrial Biotechnologies China News February, 2011 issue, published by CCM International Ltd., algae culturing is the foundation of algae-based diesel industry, the costs of which may take up about 40% of the total in algae-based diesel. However, lots of breeding work of algae is still in the R&D stage in China and the algae strains from this work are not qualified for industrialization at present. Aiming to culture a desired algae strain for industrialization. It is suggested that the whole gene network for algae should be figured out before genetic modification. Moreover, the mass culturing technology of algae is another bottleneck for the development of algae-based diesel. Currently, the photobioreactor is still immature and lack of relevant criteria or evaluation system to be regulated in China. CCM’s Industrial Biotechnologies China News at http://www.cnchemicals.com/ About Industrial Biotechnology China News Industrial Biotechnologies China News is a monthly e-publication published by CCM International Limited, which focuses on befouls, bio-products, bio-based chemicals, bio-materials and industrial biotechnology applications, and offers latest investment hotspots, new technology & product, company & market dynamics, and government regulations, aiming to facilitate your insight into China's industrial biotechnology. About CCM CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. Please visit http://www.cnchemicals.com for more information or contact econtact@cnchemicals.com CCM International, Ltd. Guangzhou CCM Information Science & Technology Co, Ltd. 17th Floor, Huihua Commercial & Trade Mansion No, 80 Xianlie Zhong Road, Guangzhou 510070, China # # # CCM is an consulting company located in China, with services like market report, newsletter, database, price monitoring, export/import analysis, conference etc. CCM's foucusing is Agrochemicals market, food ingredients market, fine chemicals market. End
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