VG Energy is moving into production trials of its algae biofuel technology that may be the elusive metabolic lipid trigger to increase algal oil production.
Proprietary technology owned by VG Energy could create algal biofuel at costs competitive with current prices for conventional crude according to a report released by the company this week.
Wikileaks has been credited with spilling the beans on stories ranging from torture to tax evasion but this week they might have lifted the veil on the biggest issue yet: peak oil.
Algae derived biofuel is a potential game-changer, but most players are years away from competing with conventional fuel on price. Viral Genetics [VRAL] and their subsidiary VG Energy believe they may have found a way to dramatically reduce production costs using proprietary technology developed through their novel research on cancer.
Enhanced geothermal energy is cheaper and more reliable than virtually all other technologies according to a recent report by Credit Suisse on comparative energy costs.
Two new reports further demonstrate the economic benefits of investing in green energy, bolstering those calling for lawmakers to pass a strong clean energy bill.
Kansas joined the majority of the US by bringing in a mandatory renewable energy standard. State legislators passed law requiring 10% renewable energy by 2011, and 20% by 2020.