OriginOil, Inc., the developer of a technology to extract oil from algae, announced the funding of a new research agreement with the Department of Energy’s Idaho National Laboratory (INL). Under the terms of the new Cooperative Research and Development Agreement (CRADA), OriginOil will provide INL with its Single Step Extraction technology, and contribute its knowledge of how to stimulate oil production and pre-treat for consistent extraction of the algae and its co-products.
OriginOil expects to benefit from INL’s scientific and engineering expertise and its large Process Demonstration Facility which offers advanced biofuels processing capabilities and equipment, including biochemical, thermochemical and other downstream conversion technologies. A primary effort will be to integrate algae with terrestrial biomass sources to achieve large-scale biofuels production.
OriginOil says it is collaborating with INL with a goal toward establishing industry standards for algal biomass.
INL develops tests and deploys advanced renewable energy technology, including research on algae. This agreement is to assist OriginOil by conducting evaluations of processes and technologies that may help find solutions to converting algae into energy feedstocks more efficiently, by optimizing and standardizing various formats. This research may accelerate the pursuit of national energy independence initiatives.—Deborah T. Newby, Molecular Biologist at INL’s Biofuels and Renewable Energy Department