Techno-Economic Assessment of Micro-Algae Production Systems
Other literature type
- Publisher: DigitalCommons@USU
Global oil consumption is rising at an unprecedented rate renewing interest in alternative fuels. Micro-algae represents a promising feedstock due to inherent advantages such as high solar energy efficiencies, large lipid fractions, and utilization of various waste streams including industrial flue gas. Current technological challenges have limited the commercial viability of microalgae based biofuel production systems. This study directly evaluates and compares the economic viability of biomass production from two different open cultivation platforms, 1) algal turf scrubbers and 2) open raceway ponds. Modular sub-process models were developed and leveraged for the economic comparison of the systems on the metrics of harvested biomass. The system boundary was expanded to include downstream processing for the production of renewable diesel through thermochemical conversion (HTL) for a comparison of the production platforms on a cost per gallon of fuel. Economic results of the two production pathways show a biomass production cost for the algal turf scrubber of $510 tonne-1 and $8.34 per gallon for fuel. Open raceway pond results give a biomass cost of $673 tonne-1 and a fuel cost of $6.27 per gallon. Sensitivity analysis show productivity and culture stability to be critical factors in the economic viability. Multiple scenarios are presented with baseline results directly compared to literature and highlight the need for robust growth modelling.