BIODIESEL FROM ALGAE
PROJECT AT A GLANCE
ALGAL BIODIESEL IS ONE OF THE ONLY AVENUES AVAILABLE FOR HIGH-VOLUME RE-USE OF CO2 GENERATED IN POWER PLANTS. IT IS A TECHNOLOGY THAT MARRIES THE POTENTIAL NEED FOR CARBON DISPOSAL IN THE ELECTRIC UTILITY INDUSTRY WITH THE NEED FOR CLEAN-BURNING ALTERNATIVES TO PETROLEUM IN THE TRANSPORTATION SECTOR.
THE PRODUCTION OF ALGAE TO HARVEST OIL FOR BIODIESEL HAS NOT YET BEEN UNDERTAKEN ON A COMMERCIAL SCALE, BUT FEASIBILITY STUDIES HAVE BEEN CONDUCTED TO ARRIVE AT THE ABOVE YIELD ESTIMATE. IN ADDITION TO ITS PROJECTED HIGH YIELD, ALGACULTURE — UNLIKE CROP-BASED BIOFUELS — DOES NOT ENTAIL A DECREASE IN FOOD PRODUCTION, SINCE IT REQUIRES NEITHER FARMLAND NOR FRESH WATER.
THE BIG PROBLEM HAS BEEN FIGURING OUT HOW TO COLLECT AND PRESS THE ALGAE, AND IN THE CASE OF OPEN PONDS, TO PREVENT CONTAMINATION BY INVASIVE SPECIES.
ALGAL-OIL PROCESSES INTO BIODIESEL AS EASILY AS OIL DERIVED FROM LAND-BASED CROPS. THE DIFFICULTIES IN EFFICIENT BIODIESEL PRODUCTION FROM ALGAE LIE NOT IN THE EXTRACTION OF THE OIL, WHICH CAN BE DONE USING METHODS COMMON TO THE FOOD-INDUSTRY SUCH AS HEXANE EXTRACTION, BUT IN FINDING AN ALGAL STRAIN WITH A HIGH LIPID CONTENT AND FAST GROWTH RATE THAT ISN'T TOO DIFFICULT TO HARVEST, AND A COST-EFFECTIVE CULTIVATION SYSTEM THAT IS BEST SUITED TO THAT STRAIN.
THE PONDS IN WHICH THE ALGAE ARE CULTIVATED ARE USUALLY WHAT ARE CALLED THE “RACEWAY PONDS”. IN THESE PONDS, THE ALGAE, WATER & NUTRIENTS CIRCULATE AROUND A RACETRACK. WITH PADDLEWHEELS PROVIDING THE FLOW, ALGAE ARE KEPT SUSPENDED IN THE WATER, AND ARE CIRCULATED BACK TO THE SURFACE ON A REGULAR FREQUENCY.
IN EUROPE, BIODIESEL REPRESENTS 2% OF TOTAL TRANSPORTATION CONSUMPTION AND IS EXPECTED TO REACH 6% BY 2010.
ACCORDING TO CEO OF A BIODIESEL COMPANY ALGAE COULD THEORETICALLY PRODUCE 10,000 GALLONS OF OIL PER ACRE, COMPARED WITH 680 GALLONS PER ACRE FOR PALM, THE CURRENT HIGHEST-OIL-YIELDING CROP
THE GLOBAL MARKET FOR BIODIESEL IS POISED FOR EXPLOSIVE GROWTH IN THE NEXT TEN YEARS. ALTHOUGH EUROPE CURRENTLY REPRESENTS 90% OF GLOBAL BIODIESEL CONSUMPTION AND PRODUCTION, THE U.S. IS NOW RAMPING UP PRODUCTION AT A FASTER RATE THAN EUROPE, AND BRAZIL IS EXPECTED TO SURPASS U.S. AND EUROPEAN BIODIESEL PRODUCTION BY THE YEAR 2015. IT IS POSSIBLE THAT BIODIESEL COULD REPRESENT AS MUCH AS 20% OF ALL ON-ROAD DIESEL USED IN BRAZIL, EUROPE, CHINA AND INDIA BY THE YEAR 2020.
BIODIESEL FROM ALGAE
DETAILED PROJECT REPORT CONTAIN
Introduction
Uses and Applications
Properties
Market Survey with future aspects
Present Manufacturers
Detailed Process of Manufacture
Formulations
B.I.S. Specifications
Process Flow Sheet Diagram, Plant Layout,
Cost Economics with Profitability Analysis
Capacity
Land & Building Requirements with Rates
List & Details of Plant and Machinery with their Costs
Raw Materials Details/List and Costs
Power & Water Requirements
Labour/Staff Requirements
Utilities and Overheads
Total Capital Investment
Turnover
Cost of Production
Break Even Point
Profitability
Land Man Ratio
Suppliers of Plant & Machineries and Raw Materials
Cash Flow Statement
Repayment Schedule
Interest Chart
Depreciation Chart
Projected Balance Sheet for 5 Years etc.
detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.
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