Micro-algae biofuel: The Santa Elena province case study (Ecuador – South America)

Title : Micro-algae biofuel: The Santa Elena province case study (Ecuador – South America)

Abstract:

In our research to carry out an economic analysis of the most feasible way to obtain biodiesel from algae, we consider that not all types of Microalgae give the same results, in the process environmental conditions such as light, temperature, ionic concentration, pH and other factors, which affect performance; In addition, each option of culture or lipid extraction gives different results. For this research, the corresponding technical-economic analysis is carried out to determine which option of the previous is the most convenient, not only economic but also in terms of bio-diesel production. Initially, the cost of obtaining the raw material and food is determined. The studies carried out by the Navy Ecuadorian Research Unit (INOCAR), show algae diversity in the peninsular coasts, among them is Pseudonitzschia, which is found in the areas of transects 3 and 5. Therefore, this type of Microalgae will be used and crops based on this species will be made. A 20-year useful life is estimated for the project, which will be considered from the moment the physical, electrical and other installations are in operation. This value may vary depending on the maintenance performed. In addition, an annual interest rate of 12% will be considered, which is used in large-scale projects. For the technical economic evaluation on the investment of the project, the annual costs of operation and maintenance are considered, as well as miscellaneous expenses.

Biography:

Javier Urquizo after completing his undergraduate degree in Electric Power Systems in Ecuador, he pursued graduate studies in the United States for four years. He holds a master’s degree in electrical engineering from Stevens Institute of Technology, Hoboken, New Jersey, and a master’s degree in civil and environmental engineering from the University of New Orleans, Louisiana. In 2011, he moved to the United Kingdom to pursue a doctoral degree in the Planning of Urban Energy Systems at Newcastle University. He completed his VIVA in June 2015. The monograph he submitted informs domestic energy demand estimates for several EU, UK, and Local Authority carbon and energy efficiency schemes. His research involved extensive independent work, including data collection, complex modeling, statistical spatial inferences, and policy analysis. He found this research highly stimulating.