According to OriginOil, the planned system will integrate its own harvesting system with biomass processing technology being developed under a research agreement with INL, to convert raw algae into barrels of renewable crude oil.
This much cleaner replacement for conventional petroleum will be designed to be compatible with conventional petroleum refineries. Renewable algae crude could also be blended with other biomass sources to improve their performance.
Deborah Newby, project manager at INL, said: “We are excited to work with OriginOil on its Biocrude System and leverage its algae processing expertise and technology. Algae is a high energy biomass and can function as a force multiplier to blend in other biomass waste such as from forestry and agriculture into a uniform renewable crude oil substitute. This may well support the U.S. military's strategic fuels diversification program.”
Riggs Eckelberry, CEO of OriginOil, said: “We believe this is a major breakthrough for OriginOil and a major step forward for the algae industry. We already lead the industry with our chemical-free, low-energy, continuous high-flow harvesting system.
“From there it's a natural step to helping algae growers make a direct crude oil replacement right on site, giving them direct access to the existing world market for transportation fuels, including jet fuel. That's an instant upgrade from what is now a niche market, to the immediate 86 million barrel per day global crude oil market.”
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