The limiting factor when making biofuels such as ethanol and biodiesel is the need for an abundant feedstock for the yeasts or algae used in the process to consume. Finding an abundant feedstock to create fuel then raises the problem of feedstock crops competing with human food crops. While companies are turning to non-food and waste alternatives for feedstock, a “silver bullet” has yet to be found to address the problem. However, Joule Unlimited—a biotechnologies company engineering solutions to the biofuel feedstock problem—believes it has found the answer.
Joule Unlimited has decided to take feedstock out of the equation completely, and is trying to use the principle of photosynthesis to create biodiesel and ethanol. Instead of algae or yeast, Joule Unlimited has genetically engineered unique cyanobacterium that can take in sunlight and CO2 and excrete either ethanol or hydrocarbons.
Joule Unlimited believes they can produce biodiesel and ethanol at prices competitive with the fossil fuels market. The company estimates that their cyanobacterium can produce 15,000 gallons of diesel fuel per acre annually—four times more than current algal biodiesel processes. Joule Unlimited also predicts that their price per barrel will run only $30; far cheaper than the $100 a barrel crude oil prices on the market today.
The bioreactors used in Joule’s process look similar to solar panels, and house the cyanobacterium in thin grooved modules that allow for maximum sun exposure. The first ten-acre demonstration facility of Joule Unlimited’s groundbreaking technology is to be built this year, and the company has received $30 million in private funding in 2010—not too shabby for a company of 70 employees that started up just four years ago in 2007. It looks like investors—including former White House Chief of Staff and Joule Unlimited Board of Directors member John Podesta—are taking Joule’s claims seriously. The company hopes to build their processing facilities in close proximity to existing power plants to divert the CO2 waste into their cyanobacterium modules, creating biofuel while reducing carbon emissions.
http://www.energydigital.com/sectors...hout-feedstock
Joule Unlimited has decided to take feedstock out of the equation completely, and is trying to use the principle of photosynthesis to create biodiesel and ethanol. Instead of algae or yeast, Joule Unlimited has genetically engineered unique cyanobacterium that can take in sunlight and CO2 and excrete either ethanol or hydrocarbons.
Joule Unlimited believes they can produce biodiesel and ethanol at prices competitive with the fossil fuels market. The company estimates that their cyanobacterium can produce 15,000 gallons of diesel fuel per acre annually—four times more than current algal biodiesel processes. Joule Unlimited also predicts that their price per barrel will run only $30; far cheaper than the $100 a barrel crude oil prices on the market today.
The bioreactors used in Joule’s process look similar to solar panels, and house the cyanobacterium in thin grooved modules that allow for maximum sun exposure. The first ten-acre demonstration facility of Joule Unlimited’s groundbreaking technology is to be built this year, and the company has received $30 million in private funding in 2010—not too shabby for a company of 70 employees that started up just four years ago in 2007. It looks like investors—including former White House Chief of Staff and Joule Unlimited Board of Directors member John Podesta—are taking Joule’s claims seriously. The company hopes to build their processing facilities in close proximity to existing power plants to divert the CO2 waste into their cyanobacterium modules, creating biofuel while reducing carbon emissions.
http://www.energydigital.com/sectors...hout-feedstock
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