BNEF’s Claire Curry: is green algae a potential bio jet fuel?

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:

About BloombergNEF

BloombergNEF (BNEF) is a strategic research provider covering global commodity markets and the disruptive technologies driving the transition to a low-carbon economy. Our expert coverage assesses pathways for the power, transport, industry, buildings and agriculture sectors to adapt to the energy transition. We help commodity trading, corporate strategy, finance and policy professionals navigate change and generate opportunities.
Sign up for our free monthly newsletter →

Want to learn how we help our clients put it all together? Contact us