Allied Minds and UW partner up in algae biofuel company AXI
Filed under: Biodiesel, Emerging Technologies, Ethanol
Researchers at the University of Washington have developed a "novel technology" that uses "commercially advantageous" strains of algae to make biofuels. While work on algae and biofuels is taking place around the world, UW might be on to something here, at least if we trust the investment firm Allied Minds. Allied Minds announced yesterday that it will create a new company, AXI, LLC, with the school to commercialize these strains and make biofuel with them. The AXI technology is not limited to the strains the UW is working on. According the the UW press release (available after the jump and in PDF), biology professor Rose Ann Cattolico, who developed the technology, said the methodology can "help any algal production system improve its output of inexpensive, oil-rich algae as the raw material for the generation of biofuel."
[Source: Allied Minds, Inc.]
Bloomfield Hills, MI-based Sequest LLC is contemplating building a pilot algae biodiesel plant in Holland (on Michigan's west side). Holland has a number of attributes that make it a good location for this particular project. Sequest wants the plant to use waste water for growing the algae and carbon-dioxide to feed it. A coal-fired power plant is in close proximity to the local water treatment plant. Michigan State University also has a research lab nearby. 







Remember the "Back to the Future" movies staring Michael J. Fox? Remember the Professor character played by Christopher Lloyd who refueled his DeLorean-based time machine with banana peels and half-filled beer cans? Well, we are approaching a similar solution. Not banana peels for fuel, but pond scum instead. Pond scum biodiesel fuel!















