WWCC has a mission to develop renewable, carbon adsorbing, green and clean energy that can provide a high quality, competitive alternative to ‘old’ hydrocarbon sources.
Our mission is shaped upon the following world views:
- That energy demand is going to continue to increase.
- Readily available sources of oil are diminishing and becoming more inaccessible and expensive to extract.
- Multiple energy alternatives are required on the demand (efficiency) and supply (alternatives) side.
- The environmental impact of using ‘old’ hydrocarbon sources as the primary source of energy is untenable and unsustainable.
- Technological developments can and will provide solutions and in particular, with respect to WWCC, that the developments in genetics offers the potential to produce ‘New’ oil at commercially viable rates of production.
Pharmaceuticals and Cosmetics
The first material to be produced by the WWCC plant will be for a specialist material called ‘squalene’.
Squalene is a natural bio degradable lubricant that aids in the adsorption into the body of pharmaceuticals and cosmetics. Currently the source of premium quality and priced Squalene is from shark’s liver. Not only is this limited in supply but it is ecologically unfriendly and hence many companies have opted out of using it in their products. Nevertheless the properties of squalene are desirable so a substitute source of inferior quality to sharks liver is plant derived sources such as from olive oil.
The global market for squalene is relatively small, because of supply issues, so a small industrial plant could supply a large portion of the existing market for Squalene. With an ecologically acceptable supply that meets the high quality and grade specifications it is expected the market will expand and that WWCC will capture a significant share.
A more substantial market for WWCC hydrocarbons will be applications in the chemical industry. The long chain, pure quality of WWCC hydrocarbons will provide industrial chemists with a ready source of renewable hydrocarbons that can be cracked and processed into a variety of chemicals from polymers through to ethylene.
The processing of WWCC hydrocarbons can be achieved through existing facilities requiring no investment for upstream processing of our product.
The production of alga based hydrocarbons can be around existing industrial facilities providing a means for carbon sequesting the production facilities carbon footprint or can be used to process industrial effluent in the form of polluted water being an input into the production process for growing the alga.
There are many alternatives to transport fuel being explored and some of the world’s largest companies are investing in finding alternatives. Bio-fuels are already widely available in many markets based on ethanol from plant sources. Whilst these bio-fuels are derived from plants competing for food production on arable land they do not offer a long-term solution to the energy challenge of finding alternate transport fuels.
Ground based transport power could well shift to hybrid or electric power and advances in engine efficiency offer promise.
However there is no foreseeable alternative to aircraft fuel being hydrocarbon based. Aviation fuel is a high quality hydrocarbon and hence WWCC believes there is potential large-scale production of alga based long chain hydrocarbons using its patent gene to be a viable alternative fuel source for the aviation industry.
The worlds base load electrical power generation is dependent on coal, nuclear or gas. Alternatives such as solar and wind compliment these sources but are not reliable enough to replace base load generation. All these base load sources have an environment risk. Coal is more polluting than gas in terms of carbon and other chemicals such as sulphur and there are advances being made in the sector with scrubbers and coal gasification to reduce the amount of toxic pollutants. Never the less both coal and gas release carbon in large quantities. Power plants also require large quantities of water and produce heat and steam.
WWCC believes that large-scale alga plants over an attractive solution to coal and gas fired power generation. By building large-scale photo bioreactor plants near power plants a synergistic industrial process could be achieved as the alga could utilize the waste heat and warm water (even contaminated water). The process is also carbon hungry thereby offering a carbon sequestration offset to the carbon released from the coal and gas.
Further, unlike other carbon sequestration options, which are only a cost burden to industry, the production process using WWCC’s hydrocarbon producing alga is revenue generating as the output is high-grade hydrocarbons and the green mass can be sold as animal feedstock.
Environmental mitigation is a major issue for industry as governments are enforcing onerous penalties on polluters. For industry, the remediation or reduction of pollution is a cost burden with limited options for costs to be passed on. The process offered by WWCC would be carbon sequestrating, and revenue generating from the high value Hydrocarbon and feedstock by-product produced.
There are many algae varieties available that could be trans-genetically implanted with the patented WWCC hydrocarbon-producing gene. Different varieties can be selected based on the capacity to grow in waste or brackish salt water and adsorb pollutants.
Nutrient sources similarly can be from a variety of sources including sewage, thus offering an attractive option for governments dealing with sewage and effluent problems to convert the nutrient rich ‘waste’ into carbon adsorbing, high quality, high value hydrocarbons.