Major University Admits Hard Science Problems Relating to Algae Have Been Solved

Online, September 8, 2010 (Newswire.com) - The National Algae Association's Engineering Consortium has resolved the engineering problems in its development of plans and specifications for a 100-acre build-out turnkey algae production system (on paper, not just in theory), and its financial team has developed CAPEX and OPEX financial models showing positive cash flow.

NAA's next event is a two-day conference in Houston, September 23-24, 2010. Join Dr. Brian Hampson of CalPoly, Marco Brocken of Evodos, Joseph A. Holroyd of LakeMaster Corp, Victoria Kurtz of Fluid Imaging Technologies, Surijit Khanna of BARD Holding, OriginOil, Dave Fallbrook of Water Management Solutions, LLC, Dr. Matt Prufert of DRS Technologies, Stoel Rives, Serge Randhava of United Technologies, Inc., Will Thurmond of Emerging Markets Online, Bill Ramey of Novak Druce + Quigg, Phycos, Sebastian Thomas of Parry Nutraceuticals, Bob Vitale of Waterwheel Factory, Bob Weber of Sunrise Ridge Algae, and Hank Gilbert, who will discuss his Fields to Pumps Biofuel initiative, as we all join forces to keep up the momentum.

Algae oil is renewable, does not affect the food channel and consumes CO2. It's one solution to help the US reduce its dependence on foreign oil and create new green jobs. Algae oil can be made into jet fuel, biodiesel, biogasoline and bioplastics. Algae biomass can be made into many different co-products such as nutraceuticals, pharmaceuticals, cosmetics and organic fertilizer.

Algae production start-ups are quickly gaining momentum as they are quickly moving technologies out of the lab and into commercial-scale algae production. Many new algae production plants are scaling-up to produce algae oil and biomass for co-products. Proven technologies are being benchmarked for commercial use and implemented today in the scale-up of the new algae industry. Enhanced research will surely continue as algaepreneurs move into commercial-scale algae production.