Currently the production of biofuel from algae is not economically competitive with petroleum fuel. However, co-production of high-value products may be able to justify the cost of large-scale algae cultivation. The basic goal of this study is to develop a techno-economic analysis (TEA) and Life-cycle assessment (LCA) for the production...
A techno-economic analysis (TEA) was performed to evaluate the technology, cost, and resource use for algal biofuel production based on today’s economics and technology. The basic goal of this study is to develop a model to calculate the mass and energy balances and costs to produce 10 million gal of...