biofuels

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Optimism of an economic rebound, Chinese lawmaker's recent call for the nation to build up its emergency strategic reserves, and continuing extremist attacks in oil-rich Nigeria all contributed to crude prices increasing about $10 over the last month.

Algae is one of the most promising components for the development of sustainable biofuels. A current stumbling block for algae as a fuel feedstock is it can be expensive and time-consuming to harvest.

The U.S. Department of Energy has announced new funding opportunities from the Recovery Act, for renewable energy ideas focusing on grid storage, power converters, and cooling systems for buildings.

Those in the clean energy industry continue to play the waiting game in the policy arena.  The question remains as what type of, if any, energy and climate change legislation will be put into action in the US in 2010. 

This week has been filled with worthwhile news from every clean energy sector. 

Decatur, Illinois-based Archer Daniels Midland Company (NYSE:ADM)—popularly known as ADM—has burnished its reputation as an American farming stalwart through its TV and radio ads (and PBS sponsorships) billing itself as the "Supermarket to the World."

Leading expert and Sandia researcher, Ron Pate, presented an overview of the opportunities and challenges for algal biofuels during the annual meeting of the American Association for the Advancement of Science in San Diego on Feb. 19.

Thanks in part to U.S. Department of Energy (DOE) funding, a shift in biofuel production to cellulosic biofuels is underway as both demonstration and commercial-scale power plants are opening or moving closer to completion.

Jet fuel is responsible for upwards of 40 percent of an airline’s operational costs, making this industry particularly sensitive to volatility in the oil market.