The GREEN ProgramIceland: Renewable Energy and Sustainability Program

May 25 – June 3, 2015Ben Schultz

Key Program Outcomes Gain a comprehensive understanding along with a personal

familiarity of the science and technology behind renewable energy systems: hydroelectric, geothermal, and biofuels.

Develop skills to evaluate energy sources and projects in terms of feasibility within the matrix of technical, economic, environmental, and political implementation.

Develop leadership, teamwork, and networking skills through adventure excursions and exposure to professional industry relationships.

Gain a critical global perspective demanded by corporate recruiters today to prepare for accelerated career opportunities.

Develop a Capstone Project focused upon renewable energy and sustainability

Day 1• Arrived at 6:20 am• Visited the Álfagjá Rift Valley

Day 1• Arrived at 6:20 am• Visited the Álfagjá Rift Valley• Visited Gunnuhver Geothermal

Park

Day 1• Arrived at 6:20 am• Visited the Álfagjá Rift Valley• Visited Gunnuhver Geothermal

Park• Arrived at Hjarðarból

Guesthouse

Day 2• Lectures at Reykjavik

University• Introduction to Iceland

Energy• Geothermal Power• Hydropower

Day 2• Hiked up Hengill Volcano• Bathed in the natural hot

springs

Day 3• Visited Hellisheiði Power

Station – largest geothermal plant in Iceland

Day 3• Visited Hellisheiði Power

Station – largest geothermal plant in Iceland

• Visited Ellidavar Hydropower Plant – oldest hydropower plant in Iceland

• University Lecture• Energy Economics

Day 3• Visited Hellisheiði Power

Station – largest geothermal plant in Iceland

• Visited Ellidavar Hydropower Plant – oldest hydropower plant in Iceland

• Laugardalur Swimming Pool

Day 4• Snorkeling in Silfra – a rift in

the tectonic plates filled with glacier water

Day 4• Snorkeling in Silfra – a rift in

the tectonic plates filled with glacier water

• Hiking around ÞingvellirNational Park

Day 5• Gulfoss – largest waterfall

complex in Europe • Geysir

Day 5• Gulfoss – largest waterfall

complex in Europe• Geysir• Friðheimar

Day 5• Gulfoss – largest waterfall

complex in Europe• Geysir• Friðheimar• Búrfell Hydropower Station

• Camping in Þórsmörk

Day 6• 8 mile hike around Þórsmörk

Day 7• Superjeeping• Exploring Þórsmörk Aftermath of

Eyjafjallajökull

Day 7• Superjeeping• Exploring Þórsmörk• Visited a local hydropower

plant• More waterfalls -Seljalandsfoss

Day 8• Visited local farm affected by

Eyjafjallajökull that creates biofuels from rapeseed

• Biofuel Lecture

Day 8• Skógafoss• Hiking on Sólheimajökull

Glacier

Day 9• Capstone Project Presentations in front of

university faculty and program directors

Day 10• Exploring downtown Reykjavik• Departed for USA

W.H.A.L.E: Widespread Harvesting of Algal Layer with Extraction

Katie Warfel, Maddie Milligan, Ben Schultz, Ignacio Martos, Kevin MarceskiThe GREEN ProgramJune 2, 2014

Algal Blooms Eutrophication

Lake Erie 2011: bloom covered 5,000 km2

(20%), water treatment plants shut down 2014: contained 22,000 MT of

algae 2015: blooms started earlier than

usual Gains 9.8 million lb/year

phosphorus Government initiative to spend

$16 million

http://www.dispatch.com/content/graphics/2013/07/03/erie-forecast-art-gmqnkink-10703gfx-erie-forecast-compare-eps.jpg

Algal biofuel

The W.H.A.L.E. System Algae vacuum collection

system Boat collects algae and

produces biofuel on board Algae 20% oil by weight

(low) Boat runs on biodiesel

The Process

http://www.oilgae.com/algae/oil/extract/extract.html

Capital Apply for grants from those

states Global environmental fund Environmental Protection

Agency Venture capitalism Great Lakes Restoration

Initiative $285 million in 2013 Total investment since 2010: $1.3

billion

Marketing and Customer Service

Contact customers directly Cleaning contract with lake management Sell byproducts Biomass as fertilizer, feedstock Biodiesel

Cost and RevenueEstimated Cost Structure: Initial Capital

(Boat Frame, Bioreactor, Storage tanks and QF Machinery):$300,000

Construction$100,000

Transportation $20,000

Contingency$80,000

Total Estimated Cost: $500,000

Projected Revenue Streams:

• Algal Bloom Remediation(contract based)

• Algal BioDiesel($2/gal)

• Dry Algal Biomass (less than 5% collection/year): $5.8 million

Long term goals

Start with small boats National/international Varying sizes Oil collection

Thank you for listening!