Algae Biomass Organization Executive Director Matt Carr offered some insights into industry trends at the European Algae Biomass Association Conference 2014 in Florence, Italy

1. The Evolving Algae Policy
Landscape in the United States
Will Federal Policy Drive a New Wave of Algae
Commercialization in the U.S. or Drive it Away?
Ma#
Carr,
Execu-ve
Director
mcarr@algaebiomass.org

2. Platinum Members
Gold Members

3. Corporate Members

4. U.S. Algae Industry Trends
Ø Technology Maturation / Demonstration
• R&D, pilot and demonstration facilities throughout the U.S.
Algae
Biomass
Organiza-on
|
www.algaebiomass.org

5. U.S. Algae Industry Trends
Ø Technology Maturation / Demonstration
• DOE-funded integrated algae biorefinery demonstration
projects in Florida and New Mexico
Ø Sapphire Energy
Green Crude Farm
Las Cruces, NM
Algenol Biofuels
Integrated Biorefinery
Lee County, FL►►
Algae
Biomass
Organiza-on
|
www.algaebiomass.org

6. U.S. Algae Industry Trends
Ø Technology Maturation / Demonstration
• Offtake contracts with major refiners
Algae
Biomass
Organiza-on
|
www.algaebiomass.org

7. U.S. Algae Industry Trends
Ø Product Diversification
Ø Bioplastics
• Algix manufacturing plant
opens in Mississippi
Ø Biofertilizers
• Accelergy validating
Terrasync terrestrial
sequestration platform
Ø Human and Animal Nutrition
• Synthetic Genomics deal with
ADM to produce omega-3s
Algae
Biomass
Organiza-on
|
www.algaebiomass.org

8. U.S. Algae Industry Trends
Ø Strategic Partnerships / Globalization
Ø Sapphire / Sinopec
• Validate and deploy
in China
Ø Heliae / Sincere Corp
• Build first commercial
facility in Japan
Ø Solazyme / Bunge
• Manufacturing plant
online in Brazil
Algae
Biomass
Organiza-on
|
www.algaebiomass.org

9. U.S. Algae Industry Trends
Ø Renewed Focus on CO2 Utilization /
Monetization
Algae
Biomass
Organiza-on
|
www.algaebiomass.org

10. Growth Built on
Supportive Federal Policy
Ø U.S. Department of Energy Funding
• $100 million for 3 integrated algae biorefinery
projects in 2009
• $30 million / year in R&D funding since 2010
• 2010-11 - Algal biofuels consortia
• 2012 - Advancements in Sustainable Algal Production
• 2013 - Advancements in Algal Biomass Yield
• 2014 - Targeted Algal Biofuels and Bioproducts
Algae
Biomass
Organiza-on
|
www.algaebiomass.org

11. Growth Built on
Supportive Federal Policy
Ø Renewable Fuel Standard
• Biodiesel / renewable diesel from algae
qualifies as advanced biofuel
• Up to 21 billion gallons new production
mandated by 2022
Ø Tax Code
• Second Generation Biofuel tax credits
• Algae added in 2013
• $1.01 / gallon production tax credit
• 50% bonus depreciation for plant property
Algae
Biomass
Organiza-on
|
www.algaebiomass.org

12. Proposed Power Plant CO2 Regulations
Could be Major Driver
Ø “Clean Power Plan” Proposed Rules for
New and Existing Power Plants
• Require installation of “Best System of Emission
Reduction” for CO2
• Take effect in 2015
• Could drive major investment in carbon capture
Algae
Biomass
Organiza-on
|
www.algaebiomass.org

13. But Key Policy Decisions
Hang in the Balance
Ø Need Explicit Recognition of Carbon
Capture and Utilization in Clean Power Plan
• For new coal plants:
o Proposal prescribes carbon capture and
underground storage/sequestration (CCS)
• For existing plants:
o Affirms CCS as compliance option
o Silent on CCU
Algae
Biomass
Organiza-on
|
www.algaebiomass.org

14. But Key Policy Decisions
Hang in the Balance
Ø Renewable Fuel Standard
• Proposed rule would cut advanced biofuel volumes
o EPA announced final rule will not be issues until 2015
o Legal challenges to follow
• More than 30 fuel pathways still awaiting approval
Ø Tax Code
• 2nd Gen tax credits expired Dec 31, 2013
o Still awaiting “tax extenders” package
o Obama has threatened to veto
Algae
Biomass
Organiza-on
|
www.algaebiomass.org

15. ABO Policy Priorities
Ø Support for CO2 Utilization
• In EPA 111(b)/111(d) Clean Power Plan
• DOE Funding
Ø Strong, stable advanced biofuels policy
• RFS
• Tax Code
Ø Algae as agriculture
• Biomass Crop Assistance Program
• Crop Insurance
Algae
Biomass
Organiza-on
|
www.algaebiomass.org

16. We The People … Embrace CO2
Ø ABO “We the People” Petition
• Asked the White House to include CCU
in EPA Clean Power Plan
• 348 signatures
• 45 states
• 215 cities
Algae
Biomass
Organiza-on
|
www.algaebiomass.org

17. Join
Us
–
RecycleCarbon.org
Algae
Biomass
Organiza-on
|
www.algaebiomass.org

18. 2015 Algae Biomass Summit
Washington, DC
September 30 – October 2, 2015
Algae
Biomass
Organiza-on
|
www.algaebiomass.org