BNEF’s Claire Curry: is green algae a potential bio jet fuel?
July 8, 2015
The future of Japan’s biofuel industry may be pond scum. Or more specifically, green algae that’s swirling around in Euglena Co.’s tanks on the tropical island of Okinawan.
“Airlines will have an incentive to use biofuel even if it’s somewhat more expensive,” said Euglena’s CEO Mitsuru Izumo. “We’re now working on increasing the scale of production. We need giant facilities to create the tens of thousands of tons required by airlines.”
More info: http://www.bloomberg.com/news/articles/2015-07-07/this-pond-scum-already-in-your-smoothie-may-fuel-your-airplane
About Bloomberg New Energy Finance
Bloomberg New Energy Finance (BNEF) is an industry research firm focused on helping energy professionals generate opportunities. With a team of experts spread across six continents, BNEF provides independent analysis and insight, enabling decision-makers to navigate change in an evolving energy economy.
Sign up for our free weekly newsletter →