Bio-Fuels Project Dr. Dawne Martin College of Business.

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Bio-Fuels Project Dr. Dawne Martin College of Business

Transcript of Bio-Fuels Project Dr. Dawne Martin College of Business.

Page 1: Bio-Fuels Project Dr. Dawne Martin College of Business.

Bio-Fuels Project

Dr. Dawne MartinCollege of Business

Page 2: Bio-Fuels Project Dr. Dawne Martin College of Business.

Project

• Interdisciplinary groups of 3 -4 will be assigned• Each group will investigate and report on one input for

bio-fuels• Use internet research, industry tours and panel

discussion to gather information• Be sure to document (or cite) your information sources• Three bio-fuel afternoon sessions to develop your

poster and presentation• Report will be a poster presentation on Wednesday,

July 25, 1:30 – 3:30 pm in Engineering Atrium

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Identify Bio-Fuel

Input

June 25, 2012

Overview of the

Industry

July 2, 2012

Agriculture & Business

Issues

July 9, 2012

July 16, 2012

Engineering Issues

Conclusions about the

future

July 19, 2012

July 20, 2012

Complete Posters

Poster Presentations

July 25, 2012

Bio-Fuels Project Timeline

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Project Outline• Overview of the industry as a whole

– Current products produced– Size and Growth rate of the industry in dollars and output– Driving factors in the external environment – what is affecting this

industry?• Economic – economic growth, interest rates, number of cars sold• Social, cultural and demographic trends – environmental awareness,

population growth and more affluent people in China and India requiring more energy

• Political & legal – restrictions on emissions, subsidies for bio-fuels or for oil and gas

• Technological advances and changes – changes in technology for both creating bio-fuels and for powering transportation and other uses

• Natural resources – oil reserves, issues with crops, feeding the world

• Define the bio-fuels applications for this input – How is the bio-fuel used? Automobiles? Trucks? Energy generation?

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Types of Bio-Mass Used

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Project Outline (cont.)

• What are the agricultural, natural resource and sustainability implications of producing bio-fuel from this input?– Crop modifications, requirements and implications for resources and

food stocks– Placement of plants relative to growing areas– Issues of water, run-off and land use

• What are the engineering and environmental issues associated with producing, distributing and using this product?– Engineering challenges of producing and using the bio-fuel– Special engineering requirements for each input type.– Future developments

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Project Outline (cont.)• What are the business considerations for producing and

marketing this product?– Capital requirements – Market(s) for this product– Issues in developing channels of distribution and transportation of the

product– Competitors and competitive advantage– New business opportunities

• What are your conclusions about the future of using your bio-mass “input” for producing bio-fuels? Will this be a good alternative to oil and gas? Is it economically viable? Will the production heavily affect food availability? Are there unintended consequences, for example, excessive water use or pollution.

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Some Examples of Presentation Posters

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• Project Questions?• Group Assignments

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Web Resources

• Sciencedaily.com• Department of Energy – http://www.eere.energy.gov/topics/biomass.html

• Renewable Fuels Association• Trade and Industry Associations• Alternative-energy-news.info