Cyprus Developing Mediterranean Algae as Biofuel Source

Algae/Other Aquatic Organisms/Seaweed, Cyprus, European Union (EU), Feedstock, Opinions, Other Conferences/Events, Policy, Presentations, R & D Focus

April 3, 2014

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(Algae Industry Magazine) The Agricultural Research Institute and Cyprus Energy Agency recently held a seminar to present work based on new micro-algae research and technology development that aims to contribute to the goals of the EU’s long-term strategy on climate change and renewable energy.
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At the recent seminar, Agricultural Research Institute official Michalis Omirou spoke about the isolation of part of the micro-algae for the production of biofuel. He said renewable energy sources were crucial at a time when using fossil fuels was not a sustainable option. Omirou added that the fuel price crisis had put great pressure on a global economy that was already in recession.
According to Omirou, the financial crisis has made it imperative for new jobs and facilities to be created, as well as for a reduction in the cost of production. He also noted that climate change made a significant reduction in green house gases crucial. Commenting on future opportunities, Omirou referred to the pledges industries including the Electricity Authority of Cyprus (EAC) had made on reducing their production of greenhouse gases.
Studies in the areas of Larnaca Marina and Liopetri River, where there has been algae cultivation, has shown that Cyprus waters are rich in algae diversity with 33 different kinds of growth identified. “Of these, 35% we found contained over 30% oil – a satisfactory amount to produce the biomass,” he said. READ MORE and MORE (InCyprus.com.cy)

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