Algae Biofuel for Wastewater Treatment
Over 40 years ago, scientists identified the potential of algae as a feedstock for biofuel. Just over ten years ago, the hype about algae biofuel and wastewater treatment was greater than the market’s ability to render commercially viable processes and technologies.
In recent years, while the hype has somewhat subsided, there's been an injection of venture capital, private equity, and government grant funding. Universities, research labs, and an increasing number of emerging wastewater-to-energy technology start-ups have redesigned conventional technologies, and have produced new water treatment technologies.