Summary
According to many international studies, world population growth and climate change will end in a reduction of food, energy and pharmaceutical resources. One possible solution is an increase in the production of microalgae. The business opportunity consists in the construction of a production plant integrating algae cultivation in photobioreactors with a syngas CHP as a source of carbon, required for the photosynthetic process of microalgae. Market application deriving from algae include: biomass for combustion and organic matrix for anaerobic digestion plants; food supplements for human/animal use; pharmaceutical/cosmetics products; fertilizers; complete pilot line for cultivation. Other applications include licensing of concept, technology and brand and experimental photobioreactors for bio-lighting algae research. It is a growing market with a world potential estimated at +30% each year and a global size of 150M€ in 2016. Key reasons explaining its novelty are: reduced need of land; use in low-quality agricultural land; no emissions of greenhouse gases/pollutants; absence of aggressive waters; significant amount of carbon dioxide captured and stored; pure product with high Ω3 content. Potential customers include: food supplement producers and retailers; livestock and poultry producers; pharmaceutical and cosmetics industry; agricultural product retailers and farmers; bio-fuel refineries; agricultural and processing companies interested in market replication or in becoming licensees; research institutions; general public, families and young people. The structure of the work plan starts with the management (WP1), includes one WP devoted to a pilot line for microalgae production, including PBRs for research on bio-lighting algae (WP2) and continues with a WP dealing with pilot production, performance verification and market replication (WP3). WP4 will take care of dissemination, exploitation and marketing. Communication will be covered by WP5.
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More information & hyperlinks
| Web resources: | https://cordis.europa.eu/project/id/683515 |
| Start date: | 01-08-2015 |
| End date: | 31-01-2017 |
| Total budget - Public funding: | 3 554 500,00 Euro - 2 488 150,00 Euro |
Cordis data
Original description
According to many international studies, world population growth and climate change will end in a reduction of food, energy and pharmaceutical resources. One possible solution is an increase in the production of microalgae. The business opportunity consists in the construction of a production plant integrating algae cultivation in photobioreactors with a syngas CHP as a source of carbon, required for the photosynthetic process of microalgae. Market application deriving from algae include: biomass for combustion and organic matrix for anaerobic digestion plants; food supplements for human/animal use; pharmaceutical/cosmetics products; fertilizers; complete pilot line for cultivation. Other applications include licensing of concept, technology and brand and experimental photobioreactors for bio-lighting algae research. It is a growing market with a world potential estimated at +30% each year and a global size of 150M€ in 2016. Key reasons explaining its novelty are: reduced need of land; use in low-quality agricultural land; no emissions of greenhouse gases/pollutants; absence of aggressive waters; significant amount of carbon dioxide captured and stored; pure product with high Ω3 content. Potential customers include: food supplement producers and retailers; livestock and poultry producers; pharmaceutical and cosmetics industry; agricultural product retailers and farmers; bio-fuel refineries; agricultural and processing companies interested in market replication or in becoming licensees; research institutions; general public, families and young people. The structure of the work plan starts with the management (WP1), includes one WP devoted to a pilot line for microalgae production, including PBRs for research on bio-lighting algae (WP2) and continues with a WP dealing with pilot production, performance verification and market replication (WP3). WP4 will take care of dissemination, exploitation and marketing. Communication will be covered by WP5.Status
CLOSEDCall topic
SFS-08-2015Update Date
27-10-2022
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