Report Reveals Opportunities In Algae Industry Development

July 23, 2009

Louisiana Economic Development in partnership with KEMA Inc., an international energy consulting firm, recently released a feasibility report on Louisiana's commercial prospect for algae-to-energy ventures, in response to the growing need for alternative feed stocks in the renewable fuels industry. 

The report demonstrates that Louisiana offers several advantages for algae industry development, including abundance of low-cost land, high-quality sunlight, array of CO2 sources, rainfall rate that exceeds evaporation rate, experience with aquaculture, and infrastructure and research capabilities.

"The results of the report confirm that Louisiana is well positioned to serve as the ideal platform for the emerging algae industry," said Kelsey Short, director of agriculture, food and forestry. "Accordingly, LED is actively seeking business development collaborations with algae investors and companies."
Key findings of the report include:

• Louisiana has a potential capacity to produce up to 24.3 million tons of algae, based on existing industrial and power plant CO2 emissions
• Louisiana has a potential capacity of 2.520 billion gallons of oil using existing CO2 resources, based on algae strains with 40% oil content

For more information, visit: 

Sponsored Recommendations

Keys to Improving Safety in Chemical Processes (PDF)

Many facilities handle dangerous processes and products on a daily basis. Keeping everything under control demands well-trained people working with the best equipment.

Comprehensive Compressed Air Assessments: The 5-Step Process

A comprehensive compressed air audit will identify energy savings in an air system. This paper defines the 5 steps necessary for an effective air audit.

Get Hands-On Training in Emerson's Interactive Plant Environment

Enhance the training experience and increase retention by training hands-on in Emerson's Interactive Plant Environment. Build skills here so you have them where and when it matters...

Managing and Reducing Methane Emission in Upstream Oil & Gas

Measurement Instrumentation for reducing emissions, improving efficiency and ensuring safety.