Scriptpad Essay

1395 Words May 6th, 2015 6 Pages
Discussion Question: 1. What degree of confidence do you have that Gerritsen, Buck, and Leay will be able to execute their three-point plan? What factors have to come together for the plan to work? What advantages does Aquaflow have in its efforts to execute the plan and continue to grow?
Answer: They can truly execute the three-point plan because it can be one of the most competitive player in the market. Some factors to consider to make this plan work is that Aquaflow must use wild algae to help clean up water. They should also try to cultivate mono-cultures or a small number of species although its quit expensive, hard to scale and has significant technical risk. Aquaflow must look to partner in where the ‘fuel’ is a byproduct of
…show more content…
Aquaflow director Nick Gerritsen explains “Aquaflow believes it now has a world-leading multi-biomass to biofuels capability and technology offering. This is a robust and highly integrated technology package which can leapfrog other biomass to biofuel technologies because it goes straight to blended fuel stock and avoids intermediate pathways.
“We should be able to produce renewable hydrocarbon fuel that is equivalent to fossil fuel at a cost that is highly competitive with the current per barrel price of crude oil.”
Gerritsen says New Zealand could turn its biomass into enough carbon-neutral biofuel to meet its renewable fuels’ requirement within ten years.
“While this could be achieved without carbon taxes or Government subsidies, we believe this is nationally significant and the NZ Government’s support is welcome.”
The technology could be replicated in other parts of the world where suitable feedstocks and waste streams exist.
“We believe this is a game changer. The current estimation of the IH2 process economics suggests it to be among the most economical for renewable hydrocarbon fuel production. The combination of Aquaflow multi-biomass feed and CRI IH2 technologies means that any biomass – algae, wood waste, agricultural waste such as vine prunings, invasive weeds like gorse or broom and solid waste, can be turned into renewable transport fuels.”
“The technology is self-sufficient and means that regional

Related Documents