Exxon Launches $600 Million Algae Fuel Project

July 17, 2009

This week, ExxonMobil announced that it will invest more than $600 million into research and development of next-generation biofuels produced from sunlight, water and waste carbon dioxide by photosynthetic pond scum. In a collaboration with Synthetic Genomics expected to last 5-6 years at a new test facility being constructed in San Diego, the hope is to develop the technology to a point where ExxonMobil can invest billions more into bringing it to commercial markets.

Pond Scum: the next source of renewable energy?

Pond Scum: the next source of renewable energy?

Craig Venter, founder and CEO of Synthetic Genomics, said, “There are different approaches to what is truly economically scalable, so we’re testing things and giving a new reality to the timelines and expectations of what it takes to have a global impact on fuel supply.” It’s a big strategy shift for ExxonMobil to move into developing renewable biofuel technology after years of publicly opposing investment in renewable energy. If all goes well, ExxonMobil and Synthetic Geonomics hope to be producing biofuels similar in structure to today’s conventional hydrocarbons, but from completely renewable sources, by the end of the project. You can read more about it at Synthetic Genomics’ website: www.syntheticgenomics.com.


Continental Airlines Going Green

June 19, 2009

Thursday, Continental Airlines announced the results of its January 7 biofuel demonstration flight. Not only was the flight successful, the biofuel showed approximately 1.1% greater fuel efficiency over traditional jet fuel. So, not only was the fuel made from renewable sources, it actually beat traditional fuel outright. This type of fuel is estimated to reduce greenhouse gas emissions by 60-80% as well.

Flying the greener skies

Flying the greener skies

“We look forward to working with our partners as biofuels go through the certification process, and we hope to see these fuels proceed into commercial quantities in the near future,” said Leah Raney, Continental’s managing director of global environmental affairs. Hopefully it’s not long until we see all jet fuel from sustainable sources.


Biodiesel Passes Mercedes Truck Test

June 11, 2009

On Tuesday, in Berlin, Germany, Daimler and Neste Oil announced the results of a year-long study in which 14 Mercedes trucks and buses ran entirely on sustainable biodiesel. The biofuel, made from palm oil, is a step along the path of Neste’s mission to creat 100% sustainably produced oil by 2015. The results of this study: a 60% decrease in CO2 emissions.

Biodiesel can be derived from these young oil palms.

These young oil palms will grow up to be biodiesel.

The project has been extended for 3 more years, with more results to be reported in 2011.