Here is a recent news item Foster Wheeler putting PetroAlgae biomass into TU’s pilot coker for testing. Doesnt appear it is going to need subsidy similar previous efforts did ….. and that would be a good thing.
Along similar line I think COP put the Tyson JV plant liquified biowaste into coker on trial basis (ie similar to the ConAgra-Butterball Turkey guts to Gasoline process)? Course the modular system made product cuts and didnt have lot of bottoms type product that needed go coker.
I believe COP-Tyson beef-waste plant idled in May 2009 after govt subsidy was cut in half, not sure about the soybean biowaste plant they had in Ireland.
Lesson is that if anything “Bio” needs government subsidy to get established before the scale, technology, or economics get worked out …… investors are just going to get suckered & left high & dry. Take look at current Ethanol folks who also had subsidy halved (and several companies went under or picked up in bankruptcy by Valero).
I understand US Corn crop was disaster this year due drought/heat and because Govt didnt pay farmers to plant corn the yield was substantially down – will make the ramp up from 7% to 15% Ethanol impossible. I also understand the Car Mfg (those left) are putting up lot grief because of the damage being done by ETOH to carburetors & ignition causing lot grief with computer control systems in new cars.