Human Practices

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Overview


Algae-Based Carbon Capture and Biofuel Project

Algae-Based Carbon Capture and Biofuel Project

Our project addresses the urgent global issue of climate change by proposing algae-based carbon capture and biofuel production as a responsible and sustainable solution.

Fossil fuels are the leading contributors to greenhouse gas emissions, accounting for over 75% of global emissions and nearly 90% of carbon dioxide output. This has led to rising global temperatures, extreme weather, and sea level rise.

In response, we explored the use of selected algae strains to absorb CO₂ while producing biofuels and useful byproducts like calcium carbonate. This system not only reduces emissions but also supports a circular economy by generating revenue and promoting environmental stewardship.

Throughout our project, we interviewed several professors with expertise in carbon rights, consulted technical instructors, and sought feedback from experienced individuals to gather recommendations and opinions on our project's direction and feasibility.

These discussions shaped our project’s design to prioritize sustainability, safety, and accessibility.

We also considered ethical challenges, such as ensuring the benefits of this technology are shared broadly and not just limited to large industries.

We prioritized transparency by clearly communicating our project's limitations and potential, and honestly reporting our findings.

By incorporating feedback and evaluating potential impacts, we aim to create a solution that is environmentally responsible, ethically sound, and socially beneficial—especially for industries seeking greener alternatives and for communities affected by pollution.

< Project Backstory – Algae-Based Carbon Capture

Backstory: Why We Created This Project

The motivation behind this project stems from the urgent need to address industrial carbon emissions. Fossil fuels remain the leading cause of global greenhouse gas output—responsible for over 75% of total emissions and nearly 90% of CO₂ emissions. This is accelerating climate change, causing extreme weather, rising sea levels, and environmental degradation.

Our goal was to design a solution that not only combats emissions, but also helps companies align with sustainability goals in a cost-effective, marketable way.

Why Companies Care

  • Reputation matters — customers are demanding greener products.
  • Polluters are increasingly being held responsible by the public and regulators.
  • Sustainability influences consumer behavior and boosts brand value.
  • Companies want to show responsibility while minimizing costs.
  • Many businesses that adopted green solutions saw increased sales and stock growth.
  • “You cause pollution — you should be responsible” can be reframed as an opportunity, not a threat.

Market Motivation

  • Customers are willing to pay more for sustainable and cleaner products.
  • There is a growing demand for measurable carbon reduction from suppliers and consumers alike.
  • Industries like airlines, fuel providers, and heavy manufacturing face pressure to adapt.
  • Our technology supports corporate ESG (Environmental, Social, Governance) reporting and compliance.

Supporting Research & Sources

  • Statistics from the United Nations on global emissions and climate targets.
  • Market trends and consumer behavior from Harvard, Yale, and other leading institutions.
  • Studies showing customer loyalty toward eco-conscious brands.

Content & Communication Strategy

  • Use persuasive messaging to appeal to business interests and environmental ethics.
  • Share results via videos, social media clips, and case studies.
  • Highlight before-and-after emissions data to demonstrate real impact.
  • Address “pain points” — the most pressing issues businesses face today.
  • Present our system as a win-win: cleaner

Contents


  • Business Plan
  • Market Analysis
  • Marketing Analysis – Algae-Based Biofuel Project

    Marketing Analysis

    Porter’s Five Forces Analysis

    1. Competitive Rivalry – Moderate to High

    The algae biofuel sector remains niche but is becoming increasingly contested. According to recent market reports, the global algae biofuel industry was valued between US $6–9 billion in 2022–2024 and is forecasted to grow at a CAGR of 7–10%, reaching US $13–18 billion by 2030–2032.

    This expansion has attracted new entrants and unveiled adjacent biofuels (e.g., crop-based ethanol, renewable diesel, synthetic fuel, hydrogen), raising competitive pressure. However, only a few companies have moved beyond pilot scale.

    Examples: Algenol Biotech, Corbion, Neste, Pond Technologies

    2. Threat of New Entrants – Medium

    Barriers to entry include complex R&D, algae strain engineering, and photobioreactor design. However, lower hardware costs and open-source designs are encouraging more startups to enter the space.

    Examples: HutanBio, TransAlgae, Algaementum, Heliae

    3. Bargaining Power of Suppliers – Low to Medium

    Many inputs (LEDs, glass, PVC, solar panels, lab supplies) are widely available, which lowers dependency. However, disruptions like semiconductor shortages can raise costs. Proprietary strains or reactor designs can increase reliance on specific vendors.

    Examples: Viridos, LG, Cree, Tirna Solar, General suppliers

    4. Bargaining Power of Buyers – Medium to High

    Buyers (e.g., airlines, logistics firms, governments) are large and cost-sensitive but value sustainability and compliance. Offering bundled benefits (e.g., methane co-production, waste processing) can improve leverage.

    Examples: UPS, FedEx, Delta Air Lines, United Airlines, U.S. Department of Defense

    5. Threat of Substitutes – High

    Alternatives include electric vehicles, hydrogen fuel, ethanol, biodiesel, and synthetic fuels. While these address similar goals, algae

  • Target Market & Market Segmentation
  • Market Awareness
  • Risks
  • Added Value

Business Plan

How does your project affect society and how does society influence the direct SWOT & Marketing Strategy – Algae-Based Carbon Sequestration

Marketing Analysis: SWOT & Strategy

SWOT Analysis

Strengths

  • High-efficiency carbon sequestration using microalgae
  • Modular and adaptable design for urban, rural, and industrial settings
  • Low-maintenance and cost-effective compared to traditional solutions
  • Environmentally friendly and sustainable
  • Integrates with existing infrastructure (factories, rooftops, public spaces)
  • Dual-purpose: improves urban aesthetics and offers environmental benefits
  • Educational applications for schools and awareness campaigns

Weaknesses

  • High initial setup costs in some markets
  • Requires specialized knowledge for algae cultivation and system maintenance
  • Limited public awareness of algae-based carbon capture
  • Performance dependent on environmental factors (light, temperature, water)
  • Scaling challenges for mass deployment

Opportunities

  • Rising demand due to climate crisis and policy urgency
  • Potential for government grants and environmental funding
  • Partnerships with cities, universities, and NGOs for adoption
  • Carbon credit markets offer potential for monetization
  • Smart city integrations and green urban planning
  • Applications in industrial waste management and air purification
  • Support from corporate sustainability initiatives

Threats

  • Competition from alternative solutions (direct air capture, reforestation)
  • Varying regulatory standards and approval hurdles by region
  • Operational costs and long-term maintenance risks
  • Emergence of more efficient technologies
  • Market skepticism or resistance from slow-adopting industries

Response Strategies to Weaknesses & Threats

High Initial Setup Costs

  • Secure funding from government grants, NGOs, and corporate sustainability programs
  • Explore carbon credit monetization for ongoing revenue

Limited Public Awareness & Market Resistance

  • Use educational campaigns, social media, and sustainability expos
  • Partner with universities and research institutions for validation and promotion

Scaling & Production Challenges

  • Collaborate with manufacturers for mass production readiness
  • Partner with municipalities and factories for volume adoption

Technological Competition

  • Invest in continuous R&D to remain innovative
  • Differentiation via dual-purpose design (aesthetics + CO₂ capture)

Regulatory & Environmental Challenges

  • Engage early with government agencies for policy alignment
  • Test pilot systems in diverse climates for broader application

Opportunities: Strategic Orientation

  • Government & Institutional Partnerships: Work with smart city programs and university research centers.
  • Carbon Credit Monetization: Enter offset markets with support from sustainability consultants.
  • Industrial & Commercial Scaling: Form industrial partnerships for CO₂-heavy operations and farms.
  • Public Engagement: Host campaigns, school events, and influencer collaborations.
  • New Markets: Indoor air purification, green buildings, and algae-based biofuels.

Value Proposition Canvas

Customer Jobs (Needs & Expectations)

  • Need cost-effective, scalable carbon capture solutions
  • Low-maintenance, energy-efficient systems required
  • Seamless integration into cities, rural areas, and industry
  • Environmental impact beyond carbon capture (education, urban value)

Customer Pains

  • High cost of current carbon tech
  • Limited access to affordable, scalable solutions
  • Dependence on external energy increases costs
  • Low adaptability to urban infrastructure
  • Resistance due to lack of knowledge about algae systems

Customer Gains

  • Affordable, modular CO₂ capture systems
  • Adaptable across environments
  • Environmentally sustainable (algae-based)
  • Contributes to the following UN SDGs:
    • SDG 7 – Affordable & Clean Energy
    • SDG 11 – Sustainable Cities & Communities
    • SDG 13 – Climate Action
    • SDG 14 – Life Below Water
  • Portable, flexible, and low-cost solution

Our Products & Services

  • Modular Algae Carbon Sequestration Units for multiple applications
  • Self-sustaining solar-powered systems
  • Low-maintenance and energy-efficient design
  • Smart city compatibility and urban integration
  • Potential for future biofuel production capabilities

3.4 Product Development Plan (3 Years)

Year 1: Research & Prototype Development

  • Idea Development (Q1–Q2): Feasibility studies, market analysis, R&D
  • Prototype Development (Q3–Q4): Build and test Prototypes 1.0–3.0, refine efficiency and design
  • Business Analysis: Pricing strategy, sales forecasting, break-even planning

Year 2: Market Testing & Production Setup

  • Market Testing (Q1–Q3): Pilot installations, collect user feedback, test real-world performance
  • Production Validation (Q2–Q4): Set up supply chain, logistics, and validate mass production systems

Year 3: Full-Scale Launch & Expansion

  • Product Launch (Q1): ion of your project? How might ethical considerations and stakeholder input guide your project purpose, design and the experiments you conduct in the lab? How did this feedback enter into the process of your work throughout the iGEM Competition? Document a thoughtful and creative approach to exploring these questions and how your project evolved in the process, to compete for this award.


Market Analysis

Position and marketing strategy

Marketing objectives:

Identify customer needs-

Our target customers are looking for renewable, sustainable alternatives to traditional fuels. With growing environmental awareness, there's a clear demand for products that reduce carbon emissions and dependency on fossil fuels. At the same time, customers want biofuels that are affordable and accessible, especially in markets like Taiwan where the eco-conscious movement is gaining momentum.

Satisfy customer needs-

We satisfy these needs by offering a biofuel solution that’s not only sustainable but also affordable. Our algae-based biofuel stands out because of its lower carbon footprint and efficient production process. Customers can see the benefits in reduced emissions and know they’re contributing to making the environment healthier.

Maintaining customer loyalty-

We’ll ensure our product is reliable, and we’ll communicate openly about its environmental impact. By offering discounts or incentives for long-term partnerships, we create trust and keep customers coming back.

Building customer relationships-

Relationships matter in niche markets like this. We’ll actively engage with customers through social media, providing updates on our progress and the impact of algae biofuels. Hosting workshops and collaborating with green organizations in Taiwan will also help us connect with our audience on a deeper level.


Target Market & Market Segmentation

1. Stakeholder Collaboration and Market Validation

We have actively collaborated with key stakeholders to validate the feasibility and potential of our algae-based biofuel solution. This engagement ensures our design is grounded in real-world needs and builds early interest in deployment.

These partnerships have shaped our development and confirmed a genuine demand for scalable, sustainable energy solutions.

2. Market Segmentation

Target Audience: Businesses and industries committed to sustainability, including energy companies, logistics providers, and manufacturing sectors. We also anticipate interest from government agencies supporting green energy transitions.

3. Unique Selling Proposition (USP)

4. Marketing Mix

Product:

Price:

Place:

Promotion:

5. Distribution Strategy

Channels:

Logistics & Supply Chain:

6. Promotion & Advertising Strategy

Promotional Mix:

Advertising Approach:

7. Branding Strategy

Market Awareness


Our project targets companies that produce large amounts of waste gas and are looking for practical, reliable ways to reduce their carbon emissions. These are mostly manufacturing or energy firms in Taiwan that are starting to feel the pressure of carbon taxes and carbon credits. These businesses have an instant need for a service like ours because reducing emissions means they can avoid heavy fines. This gives us a solid and immediate market to enter.

In our first year, we’ll focus on firms in Taipei. By the second and third years, we plan to expand to other cities in Taiwan, and after building up enough progress, we’ll move into international markets, especially in countries where carbon emission laws are strict (like European countries).

Aside from the carbon capture service, we’ll also develop products using algae biomass, such as biofuel and bioconcrete. This creates additional long-term revenue streams. Our project is not just a service, since it can evolve into a full product-based business.

Market Size and Potential

The global carbon capture market is growing fast. In 2022, it was already worth USD 3.5 billion and is expected to hit USD 12.5 billion by 2030. The demand is there, and it’s growing. In Taiwan, new environmental policies are increasing pressure on companies to act fast. This creates a direct need for solutions like ours.

For bio-based products, the global biofuel market is expected to pass USD 250 billion by 2032, and green building materials (like bioconcrete) are projected to reach around USD 570 billion. Our project connects directly to both these trends, which gives us space to grow even beyond the carbon service (for the long term).

Market Structure, Segmentation & Growth

Right now, this is a B2B market, mostly driven by ESG policies, government regulation, and investor pressure. Our main clients in the beginning will be:

  • Companies trying to avoid carbon taxes
  • Firms that report ESG metrics and need real results
  • Businesses that want to improve sustainability branding

Our growth strategy starts with offering monthly carbon capture services (so the firms can meet emission goals immediately), and after some time, we’ll generate and sell official CO2 reduction reports that they can use in ESG documents. In the later stages, we’ll focus more on selling biofuel and bioconcrete products made from algae residue.

We expect:

  • Around 40% customer base growth per year in the first three years in Taiwan
  • First international pilot partnerships around Year 4, especially in East Asia

Value Chain, Business Models & Barriers

Our business model has 3 layers:

  • Service – algae-based carbon capture system installed at the firm’s site
  • Reporting – generate and sell verified ESG reports (reporting service fees)
  • Product sales – convert algae residue into sellable biofuel and bioconcrete

We’re collaborating with a Taiwanese biotech company (like DR. Lans) to help with the more technical parts, like strain development and DNA modification. This gives us an advantage in R&D and makes scaling easier.

Barriers to entry include:

  • Technical difficulty in maintaining living algae systems
  • The need for firms to trust our data and reports
  • Certification and policy knowledge, especially for official ESG usage

But we already have lab access, an experienced team, and strong academic/industry partnerships.

Innovative + Unexplored Market Potential

This is still a new market in Taiwan. Most carbon reduction services are chemical-based or use expensive tech. We’re bringing a biological, sustainable alternative that also produces useful by-products. There aren’t many companies doing this, especially ones that combine carbon reduction + ESG reporting + product-making.

This isn’t just a project. It’s a business model that grows over time and becomes a full circular system. It’s one that responds to a real, rising demand in both Taiwan and globally.

To explore this market, we plan to:

  • Run case studies with early clients and measure financial and emission results
  • Provide ESG reports that clearly show our value
  • Work closely with firms and our biotech partner to improve our tech
  • Slowly introduce our products to other industries, like energy and construction
Carbon Emission Industry — Board Game Overview

Carbon Emission Industry — Board Game Overview

🎯 Game Objective

Main Goal: Achieve carbon neutrality or have the lowest total emissions by the year 2050 (within 25 rounds).

Educational Purpose: Help players understand climate policy, carbon audits, decarbonization investments, and industry strategy through engaging gameplay.

📋 Basic Rules

🃏 Types of Cards

Card Type Description
Chance Cards Optional events like emission reduction, CSR, audits, or grants.
Fate Cards Mandatory events such as carbon taxes, disasters, or new policies.
Resource Cards Provide advantages like subsidies, immunity, or renewable energy.
Industry Cards Define each player's starting stats and unique events.

⚖️ Core Rules

Winning Paths

🎓 Educational Value

⏳ Game End Conditions

🏭 Roles & Industry Examples

Bank: Issues funding and grants to players

Player Industry Options:

🌱 Other Included Themes

Risks

Added Value