Through its membership in the Algal Biomass Organization (ABO), OriginOil helps provide a direct path to viable commercial markets for renewable and sustainable algae-derived commodities. The primary purposes of the Algal Biomass Organization are to facilitate commercialization and market development of microalgae biomass specifically for biofuels production and greenhouse gas abatement; deliver information to the public on initiatives, funding opportunities, and industry development; provide networking and collaboration opportunities; establish cutting edge research and commercialization summits and other meeting opportunities; develop a high quality interactive repository of information on algae biomass technology, science, products, processes, patents, and economics; facilitate IP aggregation, licensing, and royalty management; develop quality and measurement best practices for algal biomass, products, systems technology, and econometrics; afford career advancement and consultant opportunities.
CleanTech Los Angeles (CTLA) is dedicated to establishing Los Angeles as a global leader in clean technologies. OriginOil is proud to support CTLA and its collaboration partners in a joint effort to create a clean tech hub and Centers of Excellence that result in a cleaner environment, a higher quality of life, and regional economic benefit in the form of long-term job and career opportunities.
OriginOil is a key member of the Houston-based NAA and regularly uses the association’s quarterly forums for key announcements. On 18 September 2009, OriginOil presented the industry’s first-ever comprehensive algae production model, developed with the Idaho National Laboratory (INL) of the Department of Energy under its collaborative research agreement with OriginOil. CEO Riggs Eckelberry and chief scientist Dr. Vikram Pattarkine took turns outlining the new model in an OriginOil presentation. They used the extensive spreadsheet to illustrate their points interactively.
“We knew that the first company to actually come out and openly document the real productivity picture would face a tough challenge,” said Barry Cohen, executive director of the National Algae Association. “OriginOil did it and now we have the beginning of an industry model.”
Key contributors included the Idaho National Lab (INL) of the Department of Energy, which helped develop the energy and mass balance model as part of its collaborative research agreement with OriginOil; leading multinational oil and fats producer Desmet Ballestra, for capital costs and materials pricing; and principals of Orineo Renewables, for guidance on pricing and value-add product strategy.
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