Comment They're Ignorant of the Alga6 Photobioreactor (Score 1) 224
Algasol's photobioreactor technology requires less than 1/10th the land of other biofuel technologies and, in fact, it requires no land at all, preferring to be located on saline water. The largest photobioreactor, the 250m^2 Alga6, sells for $3,375 retail. When the numbers are all run, Alga6 biocrude is competitive with $40/bbl oil -- and that includes all costs including the cost of insuring the photobioreactors against hail, the power cost of centrifugal separation, the power to drive the wave mixing when natural wind is too low, etc. Right now the market emphasis is on algal biomass for fish feed, simply because the signal to noise level in the biofuels industry is so low that (combined with recent declines in crude price) no one can be bothered to sit down and do the arithmetic for Alga6 biocrude.