Algae biofuels

Meeting the world’s growing energy demands will require a multitude of sources. Biofuel from algae could be a meaningful part of the solution in the future because of its potential as an economically viable, low emissions transportation fuel.
Together ExxonMobil and Synthetic Genomics, Inc. (SGI) announced in July 2010 the opening of a new greenhouse facility to enable the next level of research and testing in our algae biofuels program. This greenhouse, located in La Jolla, California, is part of our ongoing commitment to advance breakthrough energy technologies to help address the world’s long term energy challenges.
In July 2009, ExxonMobil joined with Synthetic Genomics, Inc (SGI) to launch new program to research and develop next-generation biofuels
Fuels composed of or produced from biological raw materials, such as plants, photosynthetic organisms, or animal waste. from photosynthetic algae. The opening of the greenhouse is an important milestone because it provides the next level in scale up from a laboratory setting to an environment that better reflects real-world conditions for algae production. SGI and ExxonMobil researchers are using the facility to test whether large-scale quantities of affordable fuel can be produced from algae.
In the greenhouse, researchers from ExxonMobil and SGI will examine different growth systems for algae, such as open ponds and closed photobioreactors. We will evaluate various algae, including both natural and engineered strains, in these different growth systems under a wide range of conditions, including varying temperatures, light levels and nutrient concentrations. We will also conduct research into other aspects of the algae fuel production process, including harvesting and bio-oil recovery operations.
Since ExxonMobil and SGI announced the algae biofuel program last July, researchers have made substantial progress, including:
The next major milestone in the program, expected in mid-2011, is the opening of an outdoor test facility.
Advantages of algae
ExxonMobil has been engaged in a long-term effort to examine the potential of next generation and renewable fuels. After considerable study, we have concluded that biofuels from photosynthetic algae have potential benefits and advantages.
Under the program, if research and development milestones are successfully met, ExxonMobil expects to spend more than $600 million, which includes $300 million in internal costs and potentially more than $300 million to SGI.