Friday, December 12, 2008

Michael Webber Says Algae Fuel Costs $10 per Gallon

You are at: Oilgae Blog.

Of course there are all sorts of costs estimates floating around for making fuel from algae; but of course some estimates have more credibility than others - like this one from a faculty member at U of Texas @ Austin, which has a wonderful algae species culture collections and appears to be a hub of algae research,

According to Michael Webber of the University, algae fuel currently costs about $ 10 per gallon. The article does not mention the break-up, so guess you got to take this as a consolidated number. But this is a much better number I hear than those that suggest it could be $25 per gallon.

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