Blog Post from Salt Institute
Algae power
February 27, 2009
Written by: Morton Satin
Current plans to greatly expand research into new energy sources include a variety of alternative hydrocarbon replacements. Some of these are very unique and a recent issue of The Scientist describes the potential for using lipid-forming algae as a future source of fuel. Featuring the Cargill solar evaporation salt ponds in the southern horn of San Francisco Bay, the article stresses that ponds such as these hold great promise for the future, because the microalgae they can grow may be used to produce a significant supply of energy.
In those days, however, the price of oil was highly volatile and beginning to drop. As a result, the incentive for further commercialization of this resource was largely reduced. Indeed, that has been the history of alternative energy research. From the time of the first major oil crisis in the early 70s until now, the amount of research into all forms of alternative energy was controlled by OPEC.
You would think that with our expanding knowledge of global warming; our statistics on the explosion of fossil-fuel based CO2 production and our understanding of the ocean's limited capacity to sequester CO2, that worldwide research into alternative sources of energy would have steadily increased over the years, but it hasn't. Regardless of all those issues that really should have driven the research into alternative energy sources, the only thing that controlled the amount of research carried out was - you guessed it - the price of oil. And OPEC will continue to use the price of oil as a disincentive for future alternative energy research.
However, it appears that the last round of pricing spikes in the cost of oil may have been the proverbial straw to break the camel's back. There is no doubt that OPEC will proceed to produce considerably more oil to drive down the price. Let's hope, this time around, we have the discipline and policy incentives to finally bring alternative energy sources, including nuclear, solar, wind, geothermal, wave and biofuels such as biohydrogen and algal hydrocarbons to a point where commercialization will take place.
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