Continuous Hydrogen Photoproduction by Chlamydomonas reinhardtii: Using a Novel Two-Stage, Sulfate-Limited Chemostat SystemAuthors: Fedorov, Alexander S.; Kosourov, Sergey; Ghirardi, Maria L.; Seibert, MichaelSource: Applied Biochemistry and Biotechnology, Volume 121, Numbers 1-3, April 2005, pp. 403-412(10)
Some venture capitalists are in race to be first to convert algae to fuel on commercial scale, and it will require not small amount of money, luck and biotech tweaking; entrepreneurs are searching for something that both produces profits and offers something good for environment; one goal is to find energy-efficient way to convert algae into fuel; venture capital firms and hedge funds are financing construction of new plants to produce biodiesel fuel out of vegetable oil, larger and more durable wind turbines and new materials to make cheaper solar cells; US venture capital flowing into clean energy increased to more than $2.4 billion in 2006, well more than double that invested in 2005, and more than triple from 2004; venture capitalists David Jones and Lissa Morgenthaler-Jones, who consider Salton Sea, inland saline lake in California desert, as potential source for algae comment; B Gregory Mitchell, research biologist at University of California, San Diego, collects algae samples from fish farm in Niland, Calif...The idea of replacing crude oil with algae may seem like a harebrained way to clean up the planet and bolster national security. But Lissa Morgenthaler-Jones and her husband, David Jones, are betting their careers and personal fortunes that they can grow masses of the slimy organism and use its natural photosynthesis process to produce a plentiful supply of biofuel. A few companies are in a race to be first to convert algae to fuel on a commercial scale, and it will require not a small amount of money, luck and biotech tweaking.
“You have a vintage here that you are not sure is going to mature into anything good, and you are putting money into it on the off chance that it might,” Ms. Morgenthaler-Jones, acknowledged during a drive the other day to an algae-filled catfish farm in this secluded desert town.
Like thousands of other pioneer venture capitalists over the last two years or so, these two San Francisco Bay area investors have trolled through the dizzying, complicated world of renewable fuels — from wave power, to hydrogen fuel cells, to lithium batteries, to cow manure for making methane. And just like their predecessors of the dot-com boom a decade ago, they have come up with their very own gamble, started their own company, called LiveFuels Inc., and are now negotiating with other potential venture capital partners.
What is different, though, about Ms. Morgenthaler-Jones and this latest entrepreneurial wave is that the search is for something that both produces profits and offers something good for the environment. One goal, for instance, is to find an energy-efficient way to convert algae into fuel, which is why she was visiting a catfish farm here that was for sale. Farmed catfish could provide a useful source of carbon...
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