The U.S. Department of Energy will award six projects $18 million to reduce the price of algae-based biofuels to less than $5 per gasoline gallon equivalent by 2019. Arizona State University will receive up to $1 million of the funding. Bruce Rittmann, an Arizona State University Regents' Professor of Environmental Engineering, will tell us more about ASU’s project.
Heliae is an Arizona-based company that is developing advanced algae production technologies. The company has seen great business growth throughout 2013, targeting markets centered around nutrition, personal care and natural fertilizers. Heliae CEO Dan Simon will discuss the company’s growth last year.
An Arizona-based algae technology company is poised to produce algae-based jet fuel for SkyNRG, a Dutch renewable aviation fuel producer. Heliae CEO Dan Simon talks about his company’s efforts to develop technologies that enable large scale, cost-effective, production of bio-fuels.
The Obama Administration is planning a major investment in biofuels for military and commercial transportation. Dan Rees, the president of REV Biodiesel in Gilbert, AZ and Dr. Milton Sommerfeld, Co-Director of ASU’s Laboratory of Algae Research and Biotechnology talk about how this new investment could impact Arizona’s biofuels industry.