The gold in the oceans and the gold in algal biofuel have much in common. You can develop a production process in each case, but the capital and operating costs for producing each are far too high for them to be commercially viable.
I don’t begrudge anyone trying in either case to improve upon the processes. But can we please do it with a minimum of fanfare and press releases?
That’s Robert Rapier at R-Squared Energy Blog, reacting to a news story about Solix Biofuels indicating the company was about to begin “full scale commercial operation” of its plant. Apparently in this case, “full scale commercial operation” yields about 0.4 barrels of algal oil a day.