Advanced Search
MyIDEAS: Login to save this article or follow this journal

Assessment of the technological development and economic potential of photobioreactors

Contents:

Author Info

  • Holtermann, Timm
  • Madlener, Reinhard

Abstract

In this paper, we investigate the development and economic potential of the photobioreactor (PBR) technology for energy purposes, i.e. production of hydrogen or biofuels. The approach adopted is to consider the technology, its expected costs and revenues, and related risks from an investor perspective. To this end we develop an investment model that is used to calculate the economic feasibility of PBRs for different scenarios, including a best-case scenario, with plenty of sunlight and water, inexpensive nutrients, high prices for hydrogen and biomass, and low other costs. The best-case scenario is compared to a scenario with less favorable boundary conditions. We find that PBR efficiencies will likely be less than 10%, with typical values between 1.8% and 5.6%. We also find that hydrogen production costs would be lower than those for biodiesel or biogas from solid biomass produced in PBRs. Compared to biofuels from traditional agriculture there is a great advantage for the PBR technology if land is scarce, because land is used more efficiently. Since PBRs can be designed as a closed system they can be applied in very dry regions. In the long term this might enable this promising concept to penetrate the energy supply market.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.sciencedirect.com/science/article/B6V1T-51S6FY7-1/2/15ffb3d22a80d3dee539436f82080934
Download Restriction: Full text for ScienceDirect subscribers only

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by Elsevier in its journal Applied Energy.

Volume (Year): 88 (2011)
Issue (Month): 5 (May)
Pages: 1906-1919

as in new window
Handle: RePEc:eee:appene:v:88:y:2011:i:5:p:1906-1919

Contact details of provider:
Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/description#description

Order Information:
Postal: http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/bibliographic
Web: http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/bibliographic

Related research

Keywords: Photosynthesis Techno-economic analysis Algae Bioenergy Hydrogen Land use;

Other versions of this item:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Michelsen, Carl Christian & Madlener, Reinhard, 2011. "Homeowners' Preferences for Adopting Residential Heating Systems: A Discrete Choice Analysis for Germany," FCN Working Papers, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN) 9/2011, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
  2. Harmsen - van Hout, Marjolein & Ghosh, Gaurav & Madlener, Reinhard, 2013. "The Impact of Green Framing on Consumers’ Valuations of Energy-Saving Measures," FCN Working Papers, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN) 7/2013, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
  3. Sorda, Giovanni & Madlener, Reinhard, 2012. "Cost-Effectiveness of Lignocellulose Biorefineries and their Impact on the Deciduous Wood Markets in Germany," FCN Working Papers, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN) 8/2012, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
  4. Rohlfs, Wilko & Madlener, Reinhard, 2013. "Optimal Power Generation Investment: Impact of Technology Choices and Existing Portfolios for Deploying Low-Carbon Coal Technologies," FCN Working Papers, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN) 12/2013, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
  5. Bruns, Stephan B. & Gross, Christian, 2013. "What if energy time series are not independent? Implications for energy-GDP causality analysis," Energy Economics, Elsevier, Elsevier, vol. 40(C), pages 753-759.
  6. Kraas, Birk & Schroedter-Homscheidt, Marion & Pulvermüller, Benedikt & Madlener, Reinhard, 2011. "Economic Assessment of a Concentrating Solar Power Forecasting System for Participation in the Spanish Electricity Market," FCN Working Papers, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN) 12/2011, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
  7. Achtnicht, Martin & Madlener, Reinhard, 2014. "Factors influencing German house owners' preferences on energy retrofits," Energy Policy, Elsevier, Elsevier, vol. 68(C), pages 254-263.
  8. Michelsen , Carl Christian & Madlener, Reinhard, 2013. "Switching from Fossil Fuel to Renewables in Residential Heating Systems: An Empirical Study of Homeowners’ Decisions in Germany," FCN Working Papers, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN) 14/2013, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
  9. Palmer, Johannes & Sorda, Giovanni & Madlener, Reinhard, 2013. "Modeling the Diffusion of Residential Photovoltaic Systems in Italy: An Agent-based Simulation," FCN Working Papers, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN) 9/2013, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
  10. Hackbarth, André & Madlener, Reinhard, 2011. "Consumer Preferences for Alternative Fuel Vehicles: A Discrete Choice Analysis," FCN Working Papers, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN) 20/2011, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
  11. Bernstein, Ronald & Madlener, Reinhard, 2011. "Responsiveness of Residential Electricity Demand in OECD Countries: A Panel Cointegation and Causality Analysis," FCN Working Papers, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN) 8/2011, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
  12. Michelsen, Carl Christian & Madlener, Reinhard, 2011. "Homeowners' Motivation to Adopt a Residential Heating System: A Principal-Component Analysis," FCN Working Papers, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN) 17/2011, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN), revised Jan 2013.
  13. Rohlfs, Wilko & Madlener, Reinhard, 2011. "Multi-Commodity Real Options Analysis of Power Plant Investments: Discounting Endogenous Risk Structures," FCN Working Papers, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN) 22/2011, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
  14. Dergiades, Theologos & Madlener, Reinhard & Christofidou, Georgia, 2012. "The Nexus between Natural Gas Spot and Futures Prices at NYMEX: Do Weather Shocks and Non-Linear Causality in Low Frequencies Matter?," FCN Working Papers, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN) 17/2012, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN), revised Sep 2013.
  15. Rohlfs, Wilko & Madlener, Reinhard, 2012. "Assessment of Clean-Coal Strategies: The Questionable Merits of Carbon Capture-Readiness," FCN Working Papers, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN) 18/2012, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
  16. Ghosh, Gaurav & Shortle, James, 2012. "Managing Pollution Risk through Emissions Trading," FCN Working Papers, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN) 1/2012, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
  17. Harmsen - van Hout, Marjolein & Ghosh, Gaurav & Madlener, Reinhard, 2013. "An Evaluation of Attribute Anchoring Bias in a Choice Experimental Setting," FCN Working Papers, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN) 6/2013, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
  18. Hackbarth, André & Madlener, Reinhard, 2013. "Willingness-to-Pay for Alternative Fuel Vehicle Characteristics: A Stated Choice Study for Germany," FCN Working Papers, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN) 20/2013, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
  19. Rohlfs, Wilko & Madlener, Reinhard, 2013. "Challenges in the Evaluation of Ultra-Long-Lived Projects: Risk Premia for Projects with Eternal Returns or Costs," FCN Working Papers, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN) 13/2013, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:eee:appene:v:88:y:2011:i:5:p:1906-1919. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.