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Algae Photobioreactor. Team 12. Problem Statement. Concerned with CO 2 released to the atmosphere. CO 2 scrubbing equipment is expensive CO 2 storage is not economically feasible Current petro based fuels are unsustainable and increasingly expensive

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Presentation Transcript
problem statement
Problem Statement
  • Concerned with CO2 released to the atmosphere.
  • CO2 scrubbing equipment is expensive
  • CO2 storage is not economically feasible
  • Current petro based fuels are unsustainable and increasingly expensive

According to the IPCC, capturing and compressing CO2 would increase the fuel needs of a coal-fired plant with CCS by 25%-40%

solution
Solution
  • An inexpensive photobioreactor
  • Algae grows while capturing CO2
  • Sunlight does the remainder of the work
  • Biomass is used as an energy source
clientele
Clientele
  • Power generating companies that burn fossil fuels
  • Chemical plants with CO2 in purge streams
  • Organizations with on-site power generation
profitability
Profitability
  • Sell or lease photobioreactors to clients
  • Design and install applications to meet specific company needs
  • Algal biomass can be sold or processed into a biofuel
profitability for end user
Profitability for end user
  • Eliminates the need for costly carbon sequestration processes
  • Carbon tax savings
  • Selling algal biomass for process into biofuel
alternatives to buyers
Alternatives to buyers
  • Carbon capture
    • Subterranean injection
    • Artificial trees
    • Basalt Storage
  • Biofuel alternatives
    • Cellulosic
    • Ethanol
qualifications
Qualifications
  • Members with experience in biofuels research
  • Members with experience in fuel processing industry
  • Experience with process development
  • Contacts in biochemistry and biology fields