CO2 Sequestering
By 2012 the world is projected to have 7,474 coal-fired power plants, pumping out 9 billion tons of CO2 each year as a byproduct of the generation of electric power. Algae-based sequestering has recently emerged as one of the most cost-effective, and potentially even profitable, means of reducing CO2 emissions.
- Certain strains of algae effectively "soak up" CO2 generated by coal-fired power plants, with up to 70% absorption rate
- Algae that's grown in the sequestering process can be converted into functional chemicals, chemical intermediates, bio-diesel and ethanol.
- Algae-sequestering poses a win-win-win situation for CO2 generators:
- CO2 reduction mandates can be met through sequestering process
- Cost of adopting CO2 sequestering measures can be quickly recovered through sale of chemicals and biofuels that are created from algae, making CO2 reduction a profit center
- Power plant garners positive publicity by taking a proactive role in CO2 reduction, plus in creation of green chemicals and fuels
This is not wishful thinking. Multiple large-scale combustion-fired power plants are in the process of developing such algae-based chemical and biofuel production facilities, with individual capacity of up to 600 million pounds of chemicals and fuels annually. This chemical and biofuel production at such a plant could generate over $350 million in gross revenue per year (at current market rates).
A diagram of our process is below. For more information, please e-mail us.
