Rehabilitating Bio-Fuels Part 2: Interesting Second Generation Options
My previous post retraced the precipitous decline in the reputation of biofuels that occurred between 2006 and today. In this post I’m going to talk about just a few of the activities going on for “second generation” biofuels (beyond corn, soy and palm oil, wheat…). One of the key features of these initiatives is that they reduce the competition with food crops - something which will only become a more significant issue in the future. I’ll be talking about several Universities and companies who have hung in there through the ups and downs of oil prices and the “trendiness” and “rejection” of biofuels. I think that these folks are going to make significant long-term contributions. If you have been soured in the past on the biofuel concept, please consider these alternatives.
Algae
There was a recent Wall Street Journal article about “5 Technologies that could change everything.” One they included was biofuels from Algae. People have been working on this for a long time including a very long government effort. The great thing about algae is that you can grow it in places and with water sources that are completely unsuitable for farming. Algae can be extremely productive. The problem is that the low capital investment systems are less productive and the highly productive, “bio-reactor” approach has a huge capital cost. The good news is that there are enough companies working away on this that sooner or later there might be a break-through. I won’t pretend to be an expert on how this is going, but I have a hunch it will eventually become significant.










Sean Daily, 




