2019
DOI: 10.1002/bbb.2015
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Development of cost models of algae production in a cold climate using different production systems

Abstract: Research into the potential use of microalgae to produce biofuels is receiving significant attention. In the cold climates of countries like Canada, algae cultivation in open raceway pond (ORP) systems is limited to a short period of the year when pond surface water temperatures and ambient light conditions enable optimal culture growth. In this study we develop techno-economic assessment models to predict, evaluate, and compare the techno-economic results from three autotrophic algae cultivation scenarios to … Show more

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Cited by 19 publications
(8 citation statements)
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“…Nevertheless, many microalgal products, especially oil for biofuels, are still far from commercial realization due to the cost of production. Moreover, for countries situated in the Northern Hemisphere, a major factor that hinders algal growth in open raceway ponds is a seasonal limitation for optimal growth [30][31][32]. If cultivation can be performed under sub-optimal temperatures by shifting to a different product that accumulates better under this condition, there will be a better use of facilities and land area.…”
Section: Effect Of Hypothermal Stress On Growth Of Wtmentioning
confidence: 99%
“…Nevertheless, many microalgal products, especially oil for biofuels, are still far from commercial realization due to the cost of production. Moreover, for countries situated in the Northern Hemisphere, a major factor that hinders algal growth in open raceway ponds is a seasonal limitation for optimal growth [30][31][32]. If cultivation can be performed under sub-optimal temperatures by shifting to a different product that accumulates better under this condition, there will be a better use of facilities and land area.…”
Section: Effect Of Hypothermal Stress On Growth Of Wtmentioning
confidence: 99%
“…While photobioreactor dries mass concentrations with peak values only slightly above 3 g/L, the heterotrophic processes easily reach ten to twenty times higher cell densities. Pankratz et al [36] think that by applying photobioreactor technology, over five years, it is possible to increase the average biomass productivity from 5 to 8 g/L/day.…”
Section: Algae Farming Systemsmentioning
confidence: 99%
“…The estimated selling price of biodiesel produced from waste frying oil, jatropha, and soybean was $0.73/L [68], $1.4/L [81], and $1.35/L [82], respectively, which is higher than petrol-diesel ($0.7/l), but lower than algal biodiesel. Pankratz et al [36] consider that, over five years, it is possible to triple the size of PBR and increase the average biomass productivity from 5 to 8 gL −1 day −1 . With a 25% reduction in capital investment, this would lower the algal biomass price below $0.2 kg −1 .…”
Section: Production Cost Analysismentioning
confidence: 99%
“…[72] Pankratz et al developed a robust model for production of algae and used it to develop cost of algae production in cold climate. [18,108] These differences mean that there is a need to develop robust methods for algal cultivation and harvesting technologies and seek more efforts to determine the market competitiveness of algae.…”
Section: Sensitivity Analysismentioning
confidence: 99%
“…The growing interest in algae in the scientific and academic communities suggests the feasibility of producing various desired products from microalgae. [14][15][16][17][18][19] Microalgae has applications in the energy sector as biofuel and in nonenergy sectors as feed supplements, pigments, chemicals, aquaculture, and polyunsaturated fatty acids. The worldwide interest in microalgae can be realized from the fact that its projected market volume in 2004 was %5000 tons dry weight year À1 .…”
Section: Introductionmentioning
confidence: 99%