1Thurmond PDF Presentation

8/2/2019 1Thurmond PDF Presentation

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Introduction slide 2Introduction slide 2

ALGAE 2020:ALGAE 2020:

Next Generation Biofuels andNext Generation Biofuels and

Commercialization OutlookCommercialization OutlookWill ThurmondWill Thurmond

President, Emerging Markets OnlinePresident, Emerging Markets Online

National Algae AssociationNational Algae Association

Chairman, Research & DevelopmentChairman, Research & Development

Author, Biodiesel 2020: A Global Market SurveyAuthor, Biodiesel 2020: A Global Market Survey


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PresenterPresenter

Will ThurmondWill Thurmond

President, Emerging Markets OnlinePresident, Emerging Markets Onlinehttp://www.emerginghttp://www.emerging--markets.commarkets.com

Consultant, Global Biofuels Business DevelopmentConsultant, Global Biofuels Business Development

Author,Author,

Biodiesel 2020: A Global Market Survey (2008)Biodiesel 2020: A Global Market Survey (2008)Algae 2020: Next Generation Biofuels (Jan 2009)Algae 2020: Next Generation Biofuels (Jan 2009)

Columnist, Biofuels InternationalColumnist, Biofuels International

HHQQ -- Houston, TXHouston, TX


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ALGAE 2020: NEXT GENERATION BIOFUELSALGAE 2020: NEXT GENERATION BIOFUELS

Algae Market Potential and ApplicationsAlgae Market Potential and Applications BiodieselBiodiesel

EthanolEthanol

Aviation FuelsAviation Fuels

Renewable DieselRenewable Diesel

BiocrudeBiocrude

BiogasolineBiogasoline

Algae Production Methods OverviewAlgae Production Methods Overview

Production Systems Overview:Production Systems Overview:Open PondsOpen Ponds vsvs Closed Photo BioreactorClosed Photo BioreactorSystems (Systems (PBRsPBRs), Growing Algae in The Dark), Growing Algae in The Dark

Inputs for Algae Systems CO2 and NO2Inputs for Algae Systems CO2 and NO2

Extraction MethodsExtraction Methods

BiorefiningBiorefining TechnologiesTechnologies11stst Gen & 2Gen & 2ndnd GenGen

Algae Project Profiles and Case StudiesAlgae Project Profiles and Case Studies

Outlook for Commercialization: 2010Outlook for Commercialization: 2010--20152015Coming in January 2009Coming in January 2009


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ALGAE 2020 STUDY AND COMMERCIALIZATION OUTLOOKALGAE 2020 STUDY AND COMMERCIALIZATION OUTLOOK

Today Presentation:Today Presentation:

1.1. Algae Markets for Biodiesel,Algae Markets for Biodiesel,Ethanol, Biocrude, Aviation FuelEthanol, Biocrude, Aviation Fuel

2.2. Algae Production Systems OverviewAlgae Production Systems Overview

3.3. Company Profiles & Case StudiesCompany Profiles & Case Studies

4.4. Commercialization Outlook to 2020Commercialization Outlook to 2020


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1. ALGAE MARKET POTENTIAL1. ALGAE MARKET POTENTIAL


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Source: Biodiesel 2020: A Global Market SurveySource: Biodiesel 2020: A Global Market Survey

Energy IndependenceEnergy Independence

EconomicEconomic SecuritySecurity

Environmental SecurityEnvironmental Security

National SecurityNational Security

Tax IncentivesTax Incentives

Government MandatesGovernment Mandates

KEY DRIVERS OFKEY DRIVERS OF

GLOBAL BIODIESELGLOBAL BIODIESEL

MARKET GROWTHMARKET GROWTH

What Are They Key Drivers of Global Biofuels Market Growth?What Are They Key Drivers of Global Biofuels Market Growth?


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EU Biofuels TargetsEU Biofuels Targets

Target 2Target 2-- 5.75% by 20105.75% by 2010

Proposals: 10% by 2020 (EU Revision)Proposals: 10% by 2020 (EU Revision)

FeedstockFeedstock sustainabilitysustainabilityconcerns #1 for 2009concerns #1 for 2009

EU Algae Market PotentialEU Algae Market Potential More than 50% of cars run on dieselMore than 50% of cars run on diesel

PROBLEM:PROBLEM:Europe can not produce enoughEurope can not produce enough

rapeseed, sunflower to meet targetsrapeseed, sunflower to meet targets

OPPORTUNITY:OPPORTUNITY:Algae can serve as aAlgae can serve as afeedstock forfeedstock forFIrstFIrstGeneration Biodiesel andGeneration Biodiesel andEthanol Plants, Aviation Fuels Markets andEthanol Plants, Aviation Fuels Markets andBiocrude forBiocrude forBiogasolineBiogasoline

EU BIODIESEL MARKET GROWTH TRENDSEU BIODIESEL MARKET GROWTH TRENDSEU BIODIESEL MARKET GROWTH TRENDS

SOURCE - BIODIESEL 2020: A GLOBAL MARKET SURVEY


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EUROPE BIODIESEL MARKET GROWTH TRENDSEUROPE BIODIESEL MARKET GROWTH TRENDSEUROPE BIODIESEL MARKET GROWTH TRENDS

Emerging Markets Online Emerging Markets Online

OPPORTUNITYOPPORTUNITY

Feedstock Shortages of Rapeseed in EUFeedstock Shortages of Rapeseed in EU

Algae Can Bridge Production/Capacity GapAlgae Can Bridge Production/Capacity Gap


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USA Biofuels TargetsUSA Biofuels Targets

Federal RFSFederal RFS 36 billion gallons by 202236 billion gallons by 2022

22 Billion Gallons from 222 Billion Gallons from 2ndnd Generation FuelsGeneration Fuels

US Algae Market PotentialUS Algae Market Potential

US Military is #1 Consumer of Diesel Fuel in The WorldUS Military is #1 Consumer of Diesel Fuel in The World

Industrial Diesel markets represent 25% of petrol consumptionIndustrial Diesel markets represent 25% of petrol consumption

More than 95% of passenger cars use gasoline, 3% on dieselMore than 95% of passenger cars use gasoline, 3% on diesel

PROBLEM:PROBLEM:The US can not produce enough corn andThe US can not produce enough corn andsoybeans to meet targets, even with cellulosic cornsoybeans to meet targets, even with cellulosic corn

OPPORTUNITY:OPPORTUNITY:Algae can serve as a feedstock for FirstAlgae can serve as a feedstock for FirstGeneration Biodiesel and Ethanol Plants, Aviation FuelsGeneration Biodiesel and Ethanol Plants, Aviation FuelsMarkets and Biocrude forMarkets and Biocrude forBiogasolineBiogasoline

USA BIODIESEL MARKET GROWTH TRENDSUSA BIODIESEL MARKET GROWTH TRENDSUSA BIODIESEL MARKET GROWTH TRENDS



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USA BIODIESEL MARKET OVERVIEWUSA BIODIESEL MARKET OVERVIEWUSA BIODIESEL MARKET OVERVIEW


Emerging Markets Online Emerging Markets Online

Feedstock ShortagesFeedstock Shortages

Algae ProductionAlgae Production

OPPORTUNITYOPPORTUNITY


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Market Potential: Algae For BiofuelsMarket Potential: Algae For Biofuels


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ALGAEALGAE -- BASED BIODIESELBASED BIODIESELComparison of Algae vs. other Feedstocks for Biodiesel ProductioComparison of Algae vs. other Feedstocks for Biodiesel Production Per Acren Per Acre


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2008 + Trend Towards Super Sized Projects Using Lower Cost Feeds2008 + Trend Towards Super Sized Projects Using Lower Cost Feedstockstocks

Renewable Diesel from Biocrude,

Grease, Chicken Fat and

Eventually Algae


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Applications for Algae to BiofuelsApplications for Algae to Biofuels Multiple UsesMultiple Uses

Source: Biodiesel 2020 study, Emerging Markets Online

Biomass forBiomass for

Power GenerationPower Generation

BioBio--CrudeCrude

to Renewable Dieselto Renewable Diesel

BioBio--CrudeCrude

toto BiogasolineBiogasoline

BioBio--CrudeCrude

to Bioto Bio--EthanolEthanol

Carbon Capture fromCarbon Capture from

Coal Power PlantsCoal Power Plants

BiodieselBiodiesel

ALGAEALGAE


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FEEDSTOCK TRENDSFEEDSTOCK TRENDS BIOCRUDEBIOCRUDE -- MANY FEEDSTOCKS, MANY APPLICATIONSMANY FEEDSTOCKS, MANY APPLICATIONS


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Algae to Diesel and BIOCRUDE ViaAlgae to Diesel and BIOCRUDE Via Renewable DieselRenewable DieselTechnologiesTechnologies

Renewable Diesel TechnologiesRenewable Diesel Technologies

PyrolysisPyrolysis Gas To LiquidsGas To Liquids FischerFischer--TropschTropsch

Green Crude and RenewableGreen Crude and Renewable

Diesel from AlgaeDiesel from Algae


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2. ALGAE PRODUCTION METHODS2. ALGAE PRODUCTION METHODS


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Algae Growth SystemsAlgae Growth Systems Common Method 1 of 2Common Method 1 of 2

Open Ponds and Raceway SystemsOpen Ponds and Raceway Systems

Source: citation from analysis in Biodiesel 2020 study, Emerging Markets Online

DiagramDiagram Algae Farm Using 64 Open PondAlgae Farm Using 64 Open Pond RacewaysRaceways to Grow Algaeto Grow Algae


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Algae Growth SystemsAlgae Growth Systems Common Method 2 of 2Common Method 2 of 2

Photo Bio Reactor SystemsPhoto Bio Reactor Systems

Source citations mentioned in Biodiesel 2020 study, Emerging Markets Online

A PhotoA Photo--Bioreactor in Translucent Tube fromBioreactor in Translucent Tube from GreenFuelsGreenFuels Global Green Solutions/Global Green Solutions/VertigroVertigro Vertical Photo Bioreactor SystemVertical Photo Bioreactor System


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Applied Algae Production SystemsApplied Algae Production SystemsAlgae to Biodiesel, Ethanol, Biocrude and Jet FuelAlgae to Biodiesel, Ethanol, Biocrude and Jet Fuel


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Source: cited in Biodiesel 2020 study, Emerging Markets Onlinec

Applied SystemsApplied Systems Algae for First GenerationAlgae for First Generation BiodieselBiodiesel oror EthanolEthanolProcess Diagram: Algae Production for Oils to Biodiesel and SugaProcess Diagram: Algae Production for Oils to Biodiesel and Sugars to Ethanolrs to Ethanol

Algae fats/lipids can be converted toAlgae fats/lipids can be converted to biodieselbiodiesel,, sugars converted tosugars converted to ethanolethanol


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Source: cited in Biodiesel 2020 study, Emerging Markets Online

Applied SystemsApplied Systems Algae to 2nd GenAlgae to 2nd Gen BioBio--CrudeCrude for Petroleum, Aviation Fuelsfor Petroleum, Aviation Fuels

Process Diagram: Algae Conversion to Biomass, Then BioProcess Diagram: Algae Conversion to Biomass, Then Bio--Crude OilCrude Oil


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Applied SystemsApplied Systems C02 CaptureC02 Capture for Algae to Biofuelsfor Algae to Biofuels

Using CO2 to Produce Biodiesel, Ethanol in A Bioreactor SystemUsing CO2 to Produce Biodiesel, Ethanol in A Bioreactor System

Source: GreenFuels, cited in Biodiesel 2020 study, Emerging Markets Online


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3. ALGAE PROJECTS AND CASE STUDIES3. ALGAE PROJECTS AND CASE STUDIES


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#1#1-- PUBLICPUBLIC--PRIVATE PARTNERSHIPS IN R&DPRIVATE PARTNERSHIPS IN R&D


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R&D LaboratoriesR&D Laboratories Collaborative Projects for Defense and AviationCollaborative Projects for Defense and AviationAlgae to Biofuel and BioAlgae to Biofuel and Bio--Crude for Planes, Trains, Automobiles, ShipsCrude for Planes, Trains, Automobiles, Ships


DARPA and UOPDARPA and UOP Algae to BiocrudeAlgae to Biocrude UsingUsing UOPUOPss HydrotreatingHydrotreating

TechnologyTechnology to createto create Aviation FuelAviation Fuelfor Defense, Commercial Airlinesfor Defense, Commercial Airlines


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R&D LaboratoriesR&D Laboratories Collaborative Projects for Defense and IndustryCollaborative Projects for Defense and IndustryAlgae to Biofuel and BioAlgae to Biofuel and Bio--Crude for Planes, Trains, Automobiles, ShipsCrude for Planes, Trains, Automobiles, Ships


NationalNational RenewableRenewable Energy Lab and ChevronEnergy Lab and Chevron


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Natural Energy Laboratory (NELHA) Hawaii, Shell, HRNatural Energy Laboratory (NELHA) Hawaii, Shell, HR BiopetrolBiopetrol


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SandiaSandia National Labs andNational Labs and LiveFuelsLiveFuels


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#2#2 -- PRIVATE COMPANIES INVESTING IN ALGAEPRIVATE COMPANIES INVESTING IN ALGAE


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Private Companies: Algae Projects Reported Under DevelopmentPrivate Companies: Algae Projects Reported Under Development

HighHigh--Yield, NonYield, Non--Food Oil, NonFood Oil, Non--Ag and NonAg and Non--Rainforest areas, Low Water UseRainforest areas, Low Water Use

SQCBio Fuel Systems

Alga TechnologiesKwikpower International

OriginOilEnhanced Biofuels & Technologies

AlgoilValcent / Vertigro Joint Venture

Infinifuel BiodieselAquaflow Bionic Corporation

GreenFuel Technologies CorporationInventure

LiveFuels IncIcon Energy

SeambioticAlgae BioFuels

PetroAlgaeGreen Star Products, Inc.

SolixSolazyme



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GREEN FUELS, INCGREEN FUELS, INC Turning CoalTurning Coal--Fired CO2 into Algae for BiofuelsFired CO2 into Algae for BiofuelsWorking With MIT on Photo Bio Reactor Systems with Coal Plants fWorking With MIT on Photo Bio Reactor Systems with Coal Plants for CO2or CO2


A PhotoA Photo--Bioreactor in a Translucent TubeBioreactor in a Translucent Tube--Farm fromFarm from GreenFuelsGreenFuels

Sequestering and Utilizing CO2 from Coal Fired Power PlantsSequestering and Utilizing CO2 from Coal Fired Power Plants


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SAPPHIRE ENERGYSAPPHIRE ENERGY

Green Crude for Petrol Refineries, Aviation FuelGreen Crude for Petrol Refineries, Aviation Fuel

Photo Bio Reactor SystemsPhoto Bio Reactor SystemsGreen Crude PhotoGreen Crude Photo BiocreactorBiocreactor SystemsSystems

Source citations mentioned in the ALGAE 2020 STUDY, Emerging Markets Online

Sapphire producesSapphire produces Green CrudeGreen Crude for petrol refineries and aviation fuelfor petrol refineries and aviation fuel

andand recently raised $100 Millionrecently raised $100 Millionfrom Bill Gates & Rockefeller Foundationfrom Bill Gates & Rockefeller Foundation


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SOLAZYMESOLAZYME

Growing Algae in The Dark Converting Sugar to Lipids/Oils for BiGrowing Algae in The Dark Converting Sugar to Lipids/Oils for Biocrudeocrude

Source citations mentioned in ALGAE 2020 study, Emerging Markets Online

SolazymeSolazyme Grows Algae in The DarkGrows Algae in The Dark Converting Sugar to Lipids/OilsConverting Sugar to Lipids/Oils

SolazymeSolazyme has already raised $70 millionhas already raised $70 millionin capital, including Chevron as a key investorin capital, including Chevron as a key investor

SolazymesSolazymes fuel has met ASTM Standard D 1655fuel has met ASTM Standard D 1655 For Aviation/Jet FuelFor Aviation/Jet Fuel

Growing algae in the darkGrowing algae in the dark

SolazymesSolazymes Biodiesel MercedesBiodiesel Mercedes


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ALGENOLALGENOL Turning Algae intoTurning Algae into EthanolEthanolAlgenolsAlgenols Algae to Ethanol Process DiagramAlgae to Ethanol Process Diagram

Source citations mentioned in ALGAE 2020 study, Emerging Markets Online

AlgenolAlgenolss Algae to EthanolAlgae to Ethanol system using seawater and Coalsystem using seawater and Coal--Fired CO2Fired CO2


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GLOBAL GREEN SOLUTIONSGLOBAL GREEN SOLUTIONS -- VERTIGROVERTIGRO

Photo Bio Reactor SystemsPhoto Bio Reactor SystemsVertical PhotoVertical Photo BiocreactorBiocreactor SystemsSystems


Global Green Solutions/Global Green Solutions/VertigroVertigro Vertical Photo Bioreactor SystemVertical Photo Bioreactor System


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ORIGIN OILORIGIN OIL

Unique Lighting Technologies for Use in Photo Bio Reactor SystemUnique Lighting Technologies for Use in Photo Bio Reactor Systemss

Source citations mentioned in ALGAE 2020 STUDY, Emerging Markets Online

Origin OilOrigin Oils Algae production system using a quantum fracturing units Algae production system using a quantum fracturing unit

and a unique lighting system in a Helixand a unique lighting system in a Helix BiocreactorBiocreactor

Origins HelixOrigins Helix

BioreactorBioreactor


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ALGAE COMMERCIALIZATION OUTLOOKALGAE COMMERCIALIZATION OUTLOOK


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ALGAE BIOFUELS MARKET OUTLOOK AND OPPORTUNITIESALGAE BIOFUELS MARKET OUTLOOK AND OPPORTUNITIES

Timeline for Commercialization of Algae for BiofuelsTimeline for Commercialization of Algae for Biofuels

20092009 Algae Research and Development Projects MatureAlgae Research and Development Projects Mature

20102010 Algae Pilot Projects and Demonstration Projects ArriveAlgae Pilot Projects and Demonstration Projects Arrive

20112011 First Algae Production Projects Arrive (Defense/First Algae Production Projects Arrive (Defense/GovtGovt contracts)contracts)

20122012 First Commercial Projects Arrive (Expensive at first, then cheaFirst Commercial Projects Arrive (Expensive at first, then cheaper)per)

20132013 Commercial Production Scales Up (Cost curve decreases)Commercial Production Scales Up (Cost curve decreases)

20152015 Increased Production, Competition Lowers Costs, Market Share UpIncreased Production, Competition Lowers Costs, Market Share Up

20202020 Algae Becomes a Mainstream Commodity for Biocrude, EthanolAlgae Becomes a Mainstream Commodity for Biocrude, Ethanol

Source ALGAE 2020 STUDY, Emerging Markets Online


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Algae FarmsAlgae Farms -- A Look at The FutureA Look at The FutureHighHigh--Yield, NonYield, Non--Food Oil, NonFood Oil, Non--Ag and NonAg and Non--Rainforest areasRainforest areas

Source: Solix BiofuelsSource: Solix Biofuels


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Another Look at The FutureAnother Look at The Future -- Algae FarmsAlgae FarmsLargeLarge--Scale Photo BioScale Photo Bio--Reactor Farm Illustration byReactor Farm Illustration by CequestaCequesta

Source:Source: CequestaCequesta Israel, cited in ALGAE 2020 STUDYIsrael, cited in ALGAE 2020 STUDY


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For more informationFor more information


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Contact: Will ThurmondContact: Will Thurmond

President, Emerging Markets OnlinePresident, Emerging Markets Online

Author, Biodiesel 2020: A Global Market Survey (2008)Author, Biodiesel 2020: A Global Market Survey (2008)

Author, Algae 2020: Next Generation Biofuels (Jan, 2009)Author, Algae 2020: Next Generation Biofuels (Jan, 2009)

National Algae AssociationNational Algae Association--Chairman, Research & DevelopmentChairman, Research & Development

American Biofuels CouncilAmerican Biofuels Council--Chairman, DevelopmentChairman, Development

Columnist,Columnist, Biofuels International & Biofuels DigestBiofuels International & Biofuels Digest

EmailEmail [email protected]@gmail.com

Web:Web: www.emergingwww.emerging--markets.commarkets.com

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