Renewed World Energies is a South Carolina based company founded on solid financials and sound science. RWE is pioneering a new era of mass adoption of bio-fuel by launching the first commercially-viable, closed system, automated microalgae production facility in the world. Over the past six years, Tim Tompkins and Richard Armstrong, RWE’s principals, developed a scalable closed system bioreactor for growing algae that is completely automated. Not only is the system able to grow, harvest, and extract oil from microalgae at a remarkably low cost, but the process also captures Carbon via Flue Gas or bottled CO2 providing a highly nutritious livestock feed source.
In the short term, RWE’s mission is to be the leader in manufacturing and sale of algae oil and to be a lead supplier of the products and services associated with such manufacturing and sales: products that range from algae cake for livestock feed to uses in pharmaceutical and cosmetics industries. Longer term, RWE intends to spend time looking inward to discover the many other profitable and viable uses of RWE’s core technology, including the power generation industry, which needs to remove CO2 from its exhaust flue gas. RWE is passionate about utilizing our technology in every way possible.
The energy industry has long recognized that it needs to change, and the biggest change involves how it generates power. Because of climate change, the instability of petroleum prices and progress in the technology, biofuels have become accepted as a viable energy alternative. Biofuels made from food sources have proven controversial due to the fluctuating costs of feedstock, its adverse environmental impact, and its effect on food prices and world hunger. Clearly, food crops are not the answer, so the world continues to look for other solutions. Vigorous research and development has been carried out by government and private industry to create biofuels from microscopic algae. Particularly rich in oils, algae can be converted into biofuel and its yield per acre is considerably higher than that of any other feedstock. At the industrial level, bioreactors which use microalgae to trap CO2 and NOX are in active development in the United States. As of this writing, none of these are commercially viable. RWE believes that its Algae System Bioreactor, the AT-10F-40G, currently being patented, provides a much needed solution.