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Are algae photobioreactors economically feasible?

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Are algae photobioreactors economically feasible?

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As of 2009, algal photobioreactors are not economically feasible to cultivate algae for biofuels. Photobioreactors are highly expensive to construct as well as to operate. Though they are more efficient than open ponds, the capital costs range between $60-$100/m2.

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