OriginOil has a technology for extracting oil from algae and it is now working with the Idaho National Laboratory to make algal biofuels a competitive alternative to petroleum.
Under the research agreement, INL and OriginOil will collaborate with a goal toward establishing industry standards for algal biomass. Toward this effort, OriginOil will provide INL with its technology that stimulates oil from algae.
In return, INL will provide scientific and engineering expertise and use of its large Process Demonstration Facility, which has advanced biofuels processing capabilities and equipment.
In OriginOil’s press release, Deborah Newby, a molecular biologist at INL’s Biofuels and Renewable Energy Department, said this:
"INL develops tests and deploys advanced renewable energy technology, including research on algae. This agreement is to assist OriginOil by conducting evaluations of processes and technologies that may help find solutions to converting algae into energy feedstocks more efficiently, by optimizing and standardizing various formats. This research may accelerate the pursuit of national energy independence initiatives."
Read the full press release here:
