A LGAE P HOTOBIOREACTOR Team 12. P ROBLEM S TATEMENT Concerned with CO 2 released to the atmosphere. CO 2 scrubbing equipment is expensive CO 2 storage.

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Presentation transcript:

A LGAE P HOTOBIOREACTOR Team 12

P ROBLEM S TATEMENT 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 According to the IPCC, capturing and compressing CO 2 would increase the fuel needs of a coal-fired plant with CCS by 25%-40%

S OLUTION An inexpensive photobioreactor Algae grows while capturing CO 2 Sunlight does the remainder of the work Biomass is used as an energy source

C LIENTELE Power generating companies that burn fossil fuels Chemical plants with CO2 in purge streams Organizations with on-site power generation

P ROFITABILITY 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

P ROFITABILITY FOR END USER Eliminates the need for costly carbon sequestration processes Carbon tax savings Selling algal biomass for process into biofuel

A LTERNATIVES TO BUYERS Carbon capture Subterranean injection Artificial trees Basalt Storage Biofuel alternatives Cellulosic Ethanol

Q UALIFICATIONS Members with experience in biofuels research Members with experience in fuel processing industry Experience with process development Contacts in biochemistry and biology fields

Q UESTIONS