An assessment of the economic aspects of CO2 sequestration in a route for biodiesel production from microalgae

Environmental Technology
Fabio Rubens SoaresEmília Satoshi Miyamaru Seo

Abstract

Photosynthetic microalgae are unicellular organisms that, during their cultivation, can fix carbon dioxide efficiently from various sources, including the air and exhaust gases from industrial processes. This feature can lead to economic benefits in the production process of biodiesel by way of the clean development mechanism, for which carbon credits for environmental benefits may be granted and which will contribute towards reducing costs in the production process. This study seeks to quantify the contribution of carbon credits in the operating costs of a route for biodiesel production from microalgae, as proposed by Davis et al. [Techno-economic analysis ofautotrophic microalgae for fuel production. Appl Energy. 2011; 88:3524-3531]. The results showed a reduction in annual operating costs by around 5%. This figure may be conservative, since the production process considered can be further improved to reduce operating costs and thus increase the contribution margin of carbon credits, which will reduce costs. On the other hand, the price of carbon may also rise in the future, thereby increasing its contribution towards a reduction in operating costs.

References

Jan 5, 2002·Applied Microbiology and Biotechnology·O Pulz
Aug 10, 2004·Applied Microbiology and Biotechnology·Otto Pulz, Wolfgang Gross
Mar 14, 2007·Biotechnology Advances·Yusuf Chisti
Jun 15, 2007·Journal of Biotechnology·Rosa Rosello SastreClemens Posten
May 17, 2008·Applied Microbiology and Biotechnology·Bei WangChristopher Q Lan
May 19, 2009·Journal of Biotechnology·Clemens Posten, Georg Schaub
Feb 9, 2010·Nature Biotechnology·Evan StephensBen Hankamer

❮ Previous
Next ❯

Citations

Jul 29, 2015·Environmental Technology·Shailendra Kumar SinghShanthy Sundaram
Oct 29, 2015·Environmental Technology·Sanna JaatinenJukka Rintala
May 16, 2017·Environmental Technology·Liqun JiangLijie Zhang

❮ Previous
Next ❯

Related Concepts

Related Feeds

Bioinformatics in Biomedicine

Bioinformatics in biomedicine incorporates computer science, biology, chemistry, medicine, mathematics and statistics. Discover the latest research on bioinformatics in biomedicine here.

Biofuels (ASM)

Biofuels are produced through contemporary processes from biomass rather than geological processes involved in fossil fuel formation. Examples include biodiesel, green diesel, biogas, etc. Discover the latest research on biofuels in this feed.

Related Papers

Applied Microbiology and Biotechnology
Bei WangChristopher Q Lan
Current Opinion in Biotechnology
Carla S Jones, Stephen P Mayfield
Trends in Biotechnology
Pål Börjesson, Bo Mattiasson
© 2021 Meta ULC. All rights reserved