Part-financed by The European Union
European Regional Development Fund and European Neighbourhood and Partnership Instrument
Sep
28
Enable The Commercialisation Of Advanced Biofuels : London, Great Britain
| Time |
Sep 28, 2010 12:00 AM
to Sep 29, 2010 02:50 PM |
|---|---|
| Place | London, Great Britain |
| Notes | As the Advanced Biofuels Scale-Up Worldwide Summit (London, 28-29 September, 2010) continues to build momentum, we are pleased to announce that bio-innovators, Novozymes have joined the Summit as Co-Sponsors. They will gather with senior representatives from government, investors and advanced biofuels producers from across the globe to discuss developments to enable the commercialization of Advanced Biofuels. Speakers from Europe, Asia and America will examine solutions to access capital and address the regulatory framework to create and support a global network. As a worldwide Summit, this event will offer participants real, practical insights into the latest technological developments, including cellulosic ethanol, gasification and algae biofuel, detailing the challenges and opportunities in terms of costs, profitability and efficiency. Our senior speaker panel will also examine the economic balance and technical results of the new feedstocks available for biodiesels, including new crops and micro algae, as well as sharing key learnings on oil productivity and the quality and composition of oils, different refining processes and new processes for hydrotreating the oil. |
| Event type | Presentation, Open meeting |
One of the speakers addressing this issue will be Mr Harold Gubnitsky, Executive Vice President of PetroAlgae. Giving a background on his presentation he says:
“The world economy is heavily dependent on two nonrenewable fossil fuels – petroleum and coal. Beyond the supply-demand dynamics associated with these fuel sources, there are also many significant challenges facing the continued, wide-scale reliance on petroleum and coal: petroleum and coal are non-renewable, produce many pollutants and release large quantities of carbon dioxide into the atmosphere. As a result, economic, political and environmental pressures have increased the need to find renewable alternatives.
In light of these dynamics, renewable biofuels have attracted significant interest over the past several years with the number and types of available biofuel sources having grown over this period. First-generation biofuel manufacturers produce biofuels from food-based biomass (macro-crops) and plant oils, such as ethanol and biodiesel. These macro-crops (including corn, soy, palm, alfalfa, jatropha and rapeseed) have historically been the primary source of feedstock. However, these macro-crop based biofuels are often unable to compete with traditional fuels in terms of price and supply without the aid of considerable government subsidies.
A new generation of biofuels utilizing micro-crops is being developed to address these issues. To address supply problems in both the energy and agriculture markets, PetroAlgae utilizes micro-crops, which grow more rapidly than macro-crops, and thereby create greater volumes of biomass. Our micro-crop cultivation processes have demonstrated economically sustainable growth levels and have been developed to meet growing unmet needs in a number of energy and agricultural markets.”