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Blue Sun Energy is working on a project, funded by a federal grant, to find a way to turn the seaweed into a high quality jet biofuel.
"It's probably still several years away before we're going to get to that point," explained Steve Bond, Blue Sun Energy's marketing manager.
The idea of making biodiesel out of algae is not revolutionary, but finding the production process that makes it affordable can make a big difference.
"Algae costs $20 a gallon to produce right now, which is not feasible for regular use. Our goal is to get it under $2 a gallon. We think that's feasible to do," Bond said.
Biodiesel can actually be made from a variety of products from vegetable oil to animal fat. Currently, Blue Sun Energy uses high quality virgin oil from soybean and canola. The company says algae and another option, camolina oil, are both attractive options because they require little water, can be grown during the winter season and are not food crops. Still, even without the advances expected with algae and seaweed, the company says their biodiesels are already greener and more versatile than other biodiesels on the market.
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