TheBioenergySite Latest News
Focus on Biodiesel Impelled by NCAER
INDIA - According to Business Standard, the world will run out of traditional cheap oil in the future and this would necessitate the search for alternative fuels despite the cost of production, an economic think-tank body has said in its monthly macro-economic report."The government should take the initiative to design a prototype photo-bioreactor within the precincts of a coal-fired generating station to produce bio-diesel," NCAER (National Council of Applied Economic Research) said in its report.
High crude oil prices in the international market has forced NCAER to look at alternative fuels such as bio-diesel to be "highly promising".
"India may have to (be) contend with limited crude oil supplies over the medium-to-long run due to a peak oil problem," it said.
"Algae is the most promising feedstock for bio-diesel and ethanol production because the yield of oil from algae is many times higher than that from traditional oilseeds."
"Algae could be grown on sewages next to power plants and in wastelands," NCAER said.
View the Business Standard story by clicking here.
TheBioenergySite News Desk
Latest Bioenergy Industry News
AgFeed to Open 900th Premix Distribution Chain
WELtec Begin Construction of World‘s Largest Biogas Plant
Manure Making a Comeback
Chicken Manure to Power 90,000 Homes- Stinkweed Comes to the Rescue
- VeraSun Announces Iowa Ethanol Plant Startup
- Delaware Considers Offshore Wind Farm by 2012
- Corn For Biodiesel Done Away With
DuPont Launches Photovoltaic Solutions Business- Biomass Plant Running on Chicken Manure Online
