Established in 2009, the company was set up to develop bio-based, clean energy projects primarily using waste biomass as feedstock.
Who are we
Marketplace Energy is a renewable energy and clean technology project development company. Our mission is to develop, construct, operate and maintain Algae Bio-Refineries that produce a rich source for Omega 3 EPAs. Using a patented technology, MPE recovers value from CO2 to produce food, fuel and high value organic compounds from algae based compounds. We relieve the pain associated with mitigating CO2 emissions on a sustainable and commercially viable basis.
MPE’s vision is to partner with industrial entities that emit CO2 to provide mitigating solutions of capturing and recovering value from CO2 emissions while producing valuable organic compounds.
We believe long gone are days when CO2 is viewed as an environmental pollutant when in fact it is a critical feedstock to catalyze low carbon economies.
Algae Bio-Refineries developed are co-located to existing industrial operations that emit CO2 from thermo-chemical processes.
Modern mankind cannot exist without food and fuel-energy. Food and Fuel-energy are the same chemical energy stored in different forms that are easily interchangeable and converted from one form to another. Present day forms of fossil fuel are derived from microscopic plants and animals that lived in the ocean and on land millions of years ago. As these microscopic plants and animals lived, they absorbed energy from the sun, which was stored as carbon molecules in their bodies. When they died, they sank to the bottom of the sea or were buried deep in the earth. Over millions of years, layer after layer of sediment and other plants and bacteria were formed. As they became buried ever deeper, heat and pressure began to rise. The amount of pressure and the degree of heat, along with the type of biomass, determined if the material became oil, natural gas or coal. With a high population growth, mankind’s needs for food and fuel require innovative solutions to replicate that which took millions of years to form in only a few hours.
How we do it
MPE identifies suitable sites to co-locate Algae Bio-Refineries. MPE undertakes Pre and Feasibilities Studies, Environmental Impact Assessment to produce a bankable feasibility study. On completion of the bankable feasibility study, we arrange financing and secure investors for developing the Algae farms. In addition, MPE collaborates with experienced project construction, market consultants and investors to construct and operate the Algae Bio-Refineries.
MPE’s project development activities are based on algae production technology developed and patented by See Algae Technology (SAT) GmbH of Austria. MPE is the technology marketing and development representative for the SAT platform process.