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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 on theme: "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."— Presentation transcript:

1 A LGAE P HOTOBIOREACTOR Team 12

2 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%

3 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

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

5 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

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

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

8 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

9 Q UESTIONS


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