6. Algae-based Carbon Capture vs Geological Sequestration Algae-based Technology Geological Sequestration Technology Sustainable Social problems arises Safe Untested on large scale No need to transport CO2 Need to transport CO2 to sequestration site Generates biomass No additional revenue Coupled with wastewater treatment Coupled with oil recovery $ = carbon credit + nutrient credit + biomass $ = carbon credit
9. Current Status of Key Players Companies Project phase RWE energy Pilot Stage Portland General Electric Pilot Stage MBD Energy Pilot Stage Seambiotic Pilot Stage Linc Energy Research stage Trident Exploration Research stage NRG Energy Research stage EniTecnologies Research stage Glenturret Whisky distillery Research stage
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11. CO 2 Capture Potential tonnes/acre/year Seambiotic uses open ponds and captures 80 tonnes of CO 2 per acre/year RWE energy uses photobioreactor and captures 87 tonnes of CO 2 per acre/ year
12. Biomass is a Bonus! Key Players End Use of Algae Seambiotic Food additives, Fish feed and biofuels MBD Algae oil Linc Energy Biodiesel, Fertilizers and power. Trident Exploration Electricity RWE energy Biogas plant Glenturret Whisky distillery Animal feed for cattle and Shellfish farms