Companies creating Algae Based Jet Fuels
Currently, there are five different companies creating jet fuel from algae that can be used by either by the military or commercial planes. Actually, there are many more companies out there probably tackling this problem but there are five fairly new startup companies that are really taking the spot like. First, this is what they are trying to make:
A kerosene-based aviation fuel called Jet Propellant 8 made up more than 90 percent of the fuel used by the Department of Defense in 2006, at a cost of $6 billion, according to Cleantech Group. Take all of that fuel, and combine it with commercial airlines’ needs, volatile fuel prices, and urgent calls for energy independence, and you have a massive market all but begging for a cheaper, renewable alternative. A growing number of companies are now racing to supply it with algae.
Alright, instead of going in depth into what each company is doing, I’m just going to list their names. You can go to the article that I quoted above for more information.
The five companies are:
- Solazyme
- Inventure Chemical Technology
- Sapphire Energy
- Aquaflow Bionomic Corporation
- Algenol Biofuels
Now, I have written about almost all of these companies so if you want to look for some more information, either type their name into the search bar above or click here for a list of all algae articles.
