An increasing number of industries are investing in the potential of algae-based biofuel, it has been revealed.
The National Algae Association (NAA) has claimed that the plant is being trialled in a range of technologies and industries.
One of the reasons for this is that algae is one of the fastest growing plants in the world, and compared to first-generation feedstocks, has enormous potential for a high-yield on otherwise non-arable land.
Will Thurmond, chairman of research and development for the NAA, said: "The petroleum, defence and aviation industries are increasingly investing in converting algae into bio-oil that can either be sold directly to petrol refineries, or to aviation companies to be processed into ? jet fuels."
He added that new algae projects producing a host of different biofuel variations were emerging all the time.
The NAA will hosts its third conference event on October 23rd and 24th in Houston, Texas, where its member will showcase a number of new projects.
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