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Algae Energy

Algae Energy. A Renewable, Sustainable and Profitable Business. Executive Summary.

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Algae Energy

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  1. Algae Energy A Renewable, Sustainable and Profitable Business

  2. Executive Summary • Algae.Tec has developed unique technology for capture of solar energy and sequestration of CO2 via production of microalgae within an enclosed modular system. Features include continuous production, high productivities and product yields and the complete system (photo-reactor, harvesting and refinement) requires a land footprint 10 times smaller than alternative algal pond systems. • Algae.Tec’s algae system development has demonstrated economic viability. A standard plant consisting of 500 modules produces 125,000 metric tonnes per annum of algae and captures over 250,000 tonnes of CO2. • The energy balance for the Algae.Tec process is derived from a combination of solar (parabolic light) energy, chemical energy, biological controls and some power draw. The power draw on average is not expected to diminish the CO2 capture by more than 20%. • A Demonstration Plant using several modules, in operation by mid 2011, is planned for performance evaluations and scale-up of technology. • The 8-year Business Plan projecting 10,000 modules, targets 2.50 million tonnes of dry algae per annum. There is a potential for 100,000+ modules in Australia alone, representing the capture of 50+ million tonnes of CO2 per annum. • An experienced professional team is in place with the right balance and depth of technology, manufacturing and business management expertise.

  3. Process Overview

  4. Market Drivers • CO2 + Global Warming • Rising Energy Demand • Fossil Fuel Depletion • Oil/Fuel Import Cost • Population Growth • Food/Energy Conflict • Deforestation • Emission/Plastic Pollution Energy & Environmental Challenges Algae Products • Biodiesel • Distillates (e.g., Jet Fuel) • Ethanol • Fertilisers • Edible Algal Oil • Animal/Bird/Fish Feed • Bioplastics • Specialty Co-Products Algae.Tec’s technology and its products represent an opportunity to address today’s key energy & environmental challenges in a profitable way.

  5. Benefits of Microalgae • Nature’s oldest and most efficient process for converting solar energy and carbon dioxide (“CO2“) via photosynthesis and conversion into renewable and sustainable fuels. • Effectively captures and sequesters today’s atmospheric carbon dioxide, favorably balances greenhouse gas production and reduces the long-term impact of global warming. • Produces orders of magnitude more oil and hydrocarbons per land mass than any terrestrial crop, and can be cultivated virtually anywhere with use of marginal land or industrialized areas. • Hydrocarbons derived from algae production can be used to produce renewable biofuels for direct substitution of fossil fuels, reducing dependence on external supply. • Non-competition with traditional food crops for fuel production, providing a long-term sustainable fuel source not derived from food source vegetable oils. • Provides environmental solutions for recovery of stackgas pollutants and remediation of polluted water streams. • Biofuels derived from algae provide a significant reduction in vehicular exhaust emissions versus conventional fossil fuels (gasoline and diesel fuel).

  6. Microalgae Development • A diverse group of aquatic, estuarine and marine plant organisms. The primary focus is directed toward unicellular and diatom microalgae as the most efficient photosynthesis strains for biofuels production. • Algae.Tec’s research on over 50 algae species with high oil, carbohydrate or hydrocarbon contents identified, providing flexibility in biodiesel, bio-ethanol and distillates production. • The optimum selection of microalgae species for biofuels production is dependent on resilience, reliability, productivity, product yields and the overall supporting photosynthesis environment. Algae.Tec has focused on the development of a unique photo-reactor system using microalgae with high oil yields, although other high sugar, protein and hydrocarbon content strains have been efficiently produced via the same process.

  7. Our Proprietary Technology • Modular “Photo-Reactor” system with unique and patented engineering design for high productivity and yield performance within a controlled environment. • Direct integration with power plant stackgas CO2 sources for significant reductions in greenhouse emissions and use of waste heat conversion energy. • Primary light energy supply via parabolic solar collection system and indirect light distribution network with control of light intensity and optimal wavelengths. • Innovative process technologies and proprietary know-how for algae harvesting, oil extraction, recovery of products and conversion to downstream products. Technology Features & Advantages • Optimum Algae Species • Flexibility in Algae Production • High CO2 Utilization Efficiency • Recovery of Stackgas Emissions • Efficient Mass/Heat Transfer • Efficient Light Dispersion & Control • Optimum Nutrient Supply • Minimum Water Losses • Wastewater Use Capability • No Atmospheric Contamination • Enhanced Harvesting System • Algae Oil, Biomass and Co-Product Refinement • Modular Construction • High Algae Productivity • Quality Biofuel Products • On-Stream Plant Reliability • Low Conversion Energy • Waste Heat Utilization • Minimum Footprint Requirements • Capital & Operating Cost Savings

  8. Competitive Advantages • Photo-Reactor Modules consist of standard ISO-Containers with special engineered internals and a full-time controlled operating environment. • Simple, modular, transportable, stackable and low cost module units, designed for continuous operation with efficient CO2, light, water and nutrient distribution and superior heat/mass transfer dynamics. • Centralized processing steps include supply systems for carbon dioxide, light energy and nutrients; harvesting of biomass; and refinement to algae products. • Combination of photo-reactor modular construction and centralized processing facilities provides significant capital and operating cost advantages, e.g., process piping, conversion energy, land utilization and other cost savings. • Demonstrated algae production of 250 tonnes of microalgae per year per module, based on development phase trials.

  9. Land Space Requirements • 400 times more productivity than agricultural crops • 10 times improvement over competitive open pond systems

  10. Plant Economics • Algae Plant of 500 modules. • Location adjacent to Power Plant flue gas or other CO2 emitting sources. • Algae Oil to biodiesel market @ $US800/tonne. • Biomass Product to animal feed & other markets @ $US310/tonne.

  11. Products and Markets

  12. Project Development • Continuation of laboratory evaluations of key microalgae species for productivity and yield improvements. • Current Module optimization program is focused on final engineering design specifications and module cost improvements. • Build and operate a Module Demonstration Plant • Total capital and operating costs of $US3 million • Complete the demonstration plant by end 2011 • Initial commercial projects will be scoped and negotiated during Demonstration Plant operations. • Algae.Tec will initially target CO2 emitting sources in both Australia and the US.

  13. Business Plan • The first 250/500 module commercial algae plant start-up in 2013, located adjacent to power plant for CO2 sourcing. Additional module algae facilities planned for start-up progressively thereafter. • 5-Year plan of 10,000+ modules in operation, representing 2.50+ million tonnes per annum of algae production. Several additional module plants to be in the construction phase. • Strategic options for upgrading/coupling the base Algae Plant with downstream product refining and Biofuel Facilities (biodiesel, ethanol or middle distillates). • Long term potential exists to install 100,000+ modules throughout Australia, alone. The rollout within the USA will be a multiple of this number. More than 50 million tonnes of CO2 will be captured per annum. • Continual development of strategic partnerships with power plant equipment providers, operators, manufacturing and construction companies to expedite commercialisation and volume rollout.

  14. Company Profile & Leadership A renewable energy company with offices/facilities in Perth (WA) and Atlanta (US). Algae.Tec is a collaborative of US and Australian expertise supported by specific universities in each country. A highly qualified global team with over 200 years of technical, business and professional expertise in key energy and environmental industries. • Earl McConchie – BS/ME Chemical Engineering with 36 years of chemical, energy and biofuel industry experience in technology development, engineering, manufacturing and executive business leadership. • Roger Stroud – BSc Chemistry/Geology, BA (Economics) with 35 years of technical and business management experience in manufacturing industries, including materials and biofuel sectors. • Peter Hatfull – Chartered Accountant ( MAICD) with 30 years of business and financial experience in senior executive positions with Australian and International companies. • Timothy Morrison – Many years experience in commercial and scientific activities as current director of Research and Development at Murdoch University. One of the faculties under his control is the Department of Phycology, containing one of the two largest algae banks in Australia. • Additional key operating staff (7 employees) with energy industry expertise in engineering, project management, operations, sales and marketing.

  15. Algae Energy A Renewable, Sustainable and Profitable Business

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