If you think algae is just that green grime that dirties up your pool, think again: it’s also a surprisingly viable source for biofuel. The LiveFuels Alliance, funded by LiveFuels Inc based in Menlo Park, CA, is tapping into the oil producing potential of algae with an ambitious initiative to replace millions of gallons of fossil fuels with algae-based biocrude by 2010.
While several companies like Algae BioFuels and Greenfuels and Solix Biofuels are working on algae cultivation research for biofuel, the LiveFuels Alliance differs in that it is a national initiative. Lead by Sandia National Laboratories, a U.S. Department of Energy National Laboratory, the collaborative will sponsor dozens of labs and hundreds of scientists within the next three years making it the largest endeavor focused on commercial biocrude from algae. >