Algae Enabled Carbon Recycling

Transcription

1 Algae Enabled Carbon Recycling David Haberman IF, LLC Atlanta March 14, 2011

2 Key Points Algae Are Recognized As A Distinctive & Highly Promising Biomass Algae Value Chain Offers Broad Opportunity For Participation Sector Is Encrusted With Hype & Fraud Large Oil Are Running Algae Scams M&A Ahead Of Commercialization Is Hot

3 Algae Plays a Special Role in the Environment Exists In Every Biosphere

4 Introduction Algae is photosynthetic organism Algae exists throughout the environment Algae produces at least 50% of the O 2 in the atmosphere Algae are the bases of innumerable food chains Not all the species have been identified Algae s roles in nature are not fully understood Stromatolithe made of Cyanobacteria, Shark Bay, Australia

5 Evolutionary relationship of photosynthetic bacteria, algae, and higher plants * * Includes Cyanobacteria Chloroplasts in algae and all higher plants were originally derived by capture of a photosynthetic bacterium by a eukaryotic organism. DNA in chloroplasts is similar to bacterial DNA 5

6 Global Biosphere from NASA SeaWiFS Algae produce 50% of O 2 but are less than 1% of total plant biomass on Earth Efficient: they do not waste energy creating huge mass of cellulose! 9

7 Algae Based Products Algae contains lipids (oil), proteins and carbohydrates There is an established worldwide market for algae based products People consume algae both directly & indirectly and inhale it everyday There is an established human dependency on algae based products

8 Gong Bi Microalgae, Taiwan, 2005 Open Pond System for marine farming

9 Algae Enables Opportunity Food vs. Fuel Debate Favors Algae Government Recognition Of Potential Energy Sector Investing In Positioning Field Success At Arizona Public Service / NETL Compares Favorably With Cellulosic Biomass Carbon Recycling Optimization Demonstrated Crop Oil gal/acre Algae ,550 Corn 13 Soy 47 Safflower 83 Sunflower 102 Castor 150 Rapeseed 171 Jatropha 192 Jojoba 192 Coconut 290 Palm 640

10 Algae has multiple potential uses Sequestration Drying Drying Fermentation Conversion CO 2 mitigation Co-Firing Animal Feed Ethanol Biodiesel

11 Algae Farm Configuration Biosphere need was Oxygen Biosphere 1, Tucson, AZ, USA, 2006

12 Cyanotech, Hawaii, USA, Kailua-Kona 09/2006 Open Pond configuration

13 Configuration Studies in the Czech Republic Czech Academy of Sciences Trebon, Since 1970 s

14 Long term Outdoors Cultivation Trough with bubbler Flue Gas

15 Closed Pharmaceutical Configuration

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17 Algae Value Chain

18 Seeking A Unique Position Chasing Intellectual Property Establishing A Value Proposition Attract Investment & Attention Disrupt Competitors Biology Cultivation Site Engineering & CO2 Interface Harvest Product Manufacture Constituent Processing Oil Extraction Dewater & Recycle

19 Test Local Conditions (water, solar, environment)

20 Bioreactor Balance Of Plant Engineering & Experience Required

21 Fuel Based On Algae Oil Substitution Of Feedstock For Fuels Manufacture Triglyceride Hydrocarbon

22 Carbon Recycling X c X c X c X c X c 22

23 Carbon Management Strategy Renewable Energy to hydrocarbon fuels Recycle CO2 to BioFuel Renewable Energy Natural Gas Pipelines - Existing SNG Coal HydroGasification NGCC - Existing Carbon Recycling Flue Gas Emission CO 2 BioFuels Hybrid Fuels Fossil/Renewable

24 Carbon Recycling With Algae Demonstrated Successfully 24

25 Attributes That Do Not Contribute To GMO Algae Profitability Oxygen Degradation Optical Olfactory Adhesion Bouyancy

26 Risks 1. Genetically Modified Algae Escapes Into Environment With Invasive Species Hazards 2. Intellectual Property Claims Inhibit Commercial Progress 3. Lack Of Verifiable Data Destroys Financing Prospects 4. U.S. Government Backs Companies That Will Not Commercialize 5. Algae Sector Fails At Educating Policy & Regulatory Groups 6. Experienced Implementers Take Practical Knowledge Off-Shore 7. Customers Refuse To Trust Algae Based Products 8. Other Biomass Continues To Receive Subsidies

27 No Independent Oversight Industry Attempting To Define The Terms Of Regulation Without Admitting Real Risks

28 NREL Went Into Business With Chevron On September 12, 2007 To Develop GMO Algae (CRADA ) Purpose: Develop Biofuels by performing cutting edge genomics, proteomics and metabolic engineering 5 Years + $50M Budget NREL Is Operated By Midwest Research Institute & Battelle Memorial Institute NREL Was Awarded An Additional $38M By DOE-OBP In 2009 Released By FOIA NREL Guards Its Secrets

29 No Mention Of GMO Risks! No Mention Of NREL s Conflicts Of Interest! A greater understanding of the underlying principles is necessary before commercial scale-up Is feasible A significant amount of research and a number of breakthroughs are needed to make algal biofuels a commercial reality Scale-up Unproven Economic Feasibility Unknown NREL s BioProcessing Pilot Plant has a critical role to play Written By NREL

30 DOE s Office of Biomass & NREL Hold Invitation Only Meeting On Dec. 9-10, 2008 Roadmap Fails To: Recognize Risks Of GMO Identify Who Was Favored To Be Included By DOE In Roadmapping Clarify Which DOE Labs Have Monetary Interests In Algae Recognize Weakness In NEPA Process Regarding GMO Algae Define Editorial Process NREL COI Covered Up Offer A Timely Commitment To Regulation

31 Rubber Stamp Approval

32 DOE & USDA Ignore Legal Finding On GMO

33 Summary Compare & Contrast Several Types Of Algae Organizations Conduct Due Diligence With Extra Skepticism Role Definition Must Have Focus Seek Synergistic Locations Don t Depend On Energy Products Team With Credible Partners

34 Thank You! Mr. Haberman has many years of experience working on the development of carbon recycling systems which are enabled by algae. I welcome feedback on this presentation. David Haberman (561) ifdhllc@aol.com