was using algae 6 which is different from cyanobacteria.
GreenFuel's pilot project proved twice as expensive as projected, and the company folded in May.
The week GreenFuel folded, the DOE awarded an Arizona utility $70.6 million to scale up the firm's technology.
Under the terms of the agreement, GreenFuel and IGV will share proprietary algae bioreactor technology in an effort to accelerate the commercialization of biofuel production from recycled carbon dioxide in power plant flue gas emissions.
GreenFuel and IGV will also pursue commercial opportunities in Europe.
Once in commercial production, the GreenFuel Emissions-to-Biofuels process will allow power plants to significantly reduce carbon dioxide emissions, generate carbon credits, and produce clean, renewable biofuels, Greenfuel said.
'The beauty of the GreenFuel bioreactor is that it can be retrofitted to existing smokestacks, such as those at coal-fired power stations, at relatively low cost and with minimal disruption,' says Edwards.
'GreenFuel has been working on the bioreactor design for some six years and has streamlined the harvesting of algae, automated the flow controllers and gas uptake and come up with a very simple system that is even self-cleaning,' says Edwards.
GreenFuel argues that its process has several advantages over geosequestration, especially when the latter is not used for enhanced oil recovery (EOR).
Intelligent Energy noted that the bioreactor, which was developed by GreenFuel
Technology Corporation, "uses a novel design and operating process to remove harmful emissions such as NOx and CO2 from combustion gases to generate clean raw material for production of valuable outputs such as hydrogen."
The site can be found at http://www.greenfuel.org.uk and was set up by The Greenfuel
The panelists will include Cary Bullock, president and CEO of GreenFuel
Technologies; Nathanael Greene, a senior energy policy specialist at the Natural Resources Defense Council; John Howe, vice president of public affairs for the Celunol Corporation; and Colin South, Ph.D., president and CEO of the Mascoma Corporation.