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Plankton Power and RTDC announce proposed algae-to-biofuels pilot facility on Cape Cod
Date:8/4/2009

Wellfleet, Mass. and Woods Hole, Mass., August 4, 2009 Plankton Power and the Regional Technology Development Corp. (RTDC) of Cape Cod announced today the establishment of a public-private consortium focused on building a leading-edge facility to produce renewable biofuels from algae. Under the leadership of Plankton Power, the RTDC, Massachusetts National Guard, Woods Hole Oceanographic Institution (WHOI), Marine Biological Laboratory (MBL), and Cape Cod Commission are joining forces to establish the Cape Cod Algae Biorefinery. The new facility will focus on pilot- and commercial-scale development of algae biodiesel (a type of biofuel) that is cost-competitive with existing petroleum- and vegetable-based fuels, with improved performance characteristics.

The planned biorefinery is proposed for construction on five acres of land on the Massachusetts Military Reservation (MMR) in Bourne, Massachusetts, supported by the Massachusetts National Guard pending legal and regulatory reviews. The pilot facility will provide the required infrastructure for testing commercial scale-up of a breakthrough algae-growth technology resulting from 20 years of cold saltwater species research and production. The biodiesel from Plankton Power algae is a "drop-in" replacement for home heating oil and petroleum diesel and will be produced for commercial distribution. The Cape Cod Algae Biorefinery Consortium recently submitted a $20 million proposal to the U.S. Department of Energy that would leverage $4 million in private funding to construct the proposed facility. MassDevelopment, the Massachusetts Clean Energy Center, and Loud Fuel Company are also supporting the initiative.

"Over the next few years, we are ready to set up the MMR as a partner for a number of critical clean-energy initiatives that will not only help the military but boost the regional economy," said U.S. Rep. Bill Delahunt (DMass.). "Working with entrepreneurs and the institutions based in
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Contact: Mary Moynihan
mary@m2friend.com
802-951-9600
Woods Hole Oceanographic Institution
Source:Eurekalert

Page: 1 2 3

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