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