REG Algae Biodiesel Technology
Renewable Energy Group (REG) recently issued a press release announcing that REG has technology for refining and producing large volumes of algae biodiesel at a commercial scale. The press release stated that REG looks to initiate additional partnerships for commercial-scale production of algae biodiesel at volumes comparable to those from other vegetable and animal feedstocks now in use.
REG is one of many companies currently researching and developing technologies for producing algae-based fuel. Historically, algae oil production costs have been prohibitively high. With all of the recent advances in algae production systems and extraction technologies, however, it is hopeful that cost to produce algae oil will decrease to a point where it will be a cost-effective second generation feedstock.
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