Thurmond to chair algae R&D roundtable

By Susanne Retka Schill | June 17, 2008
Web exclusive posted July 9, 2008 at 12:33 p.m. CST

The National Algae Association has created a new research and development collaborative to focus on accelerating algae commercialization for fuel production. Biofuels analyst Will Thurmond has been appointed to serve as chairman of research and development, as well as coordinate and facilitate a research and development roundtable for the innovation and commercialization of algae-based biofuels. Thurmond's Houston-based company, Emerging Markets Online, is the publisher of the report, "Biodiesel 2020: A Global Market Survey."

"Algae is unique among renewable energy feedstocks, since it can be used to create multiple fuels," Thurmond said. "For example, algae can be used to create biodiesel, ethanol, jet fuel, hydrogen and biomass for power generation." Algae has the potential to produce yields of 20,000 gallons of biodiesel or ethanol per acre, as well it could be harvested three times per week. "When the commercialization of algae arrives in the next two to three years, it will be a major game-changer in the first and second generation biofuels markets. Algae will provide much-needed competition, innovation and supply-side support for national renewal energy targets," Thurmond said.

"For our next National Algae Association conference in July, Mr. Thurmond will lead the National Algae Association's research and development committee to establish a much-needed collaborative dialogue between researchers, algae producers, investors, policy makers and biofuels producers," Said National Algae Association founder and executive director Barry Cohen.

The conference will be held on July 17 at The Woodlands Training and Development Conference Center near Houston. The morning session includes presentations from researchers, a business roundtable discussing the need to work together, presentations on equipment options, financing and new business development opportunities. Afternoon sessions will cover algae production and solutions from researcher, operations, equipment and financing groups. For more information, visit www.nationalalgaeassociation.com/.
 
 
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