AlgaeEconomics: bio-economic production models of micro-algae and downstream processing to produce bio energy carriers

This report describes results of work carried out within the EnAlgae project to describe production costs and identify the variables that have most effect in determining future cost prices so that R&D can be focussed on these issues. This has been done by making use of pilots within the EnAlgae consortium and by describing the process in Excel models that have been spread among and discussed with stakeholders active in the field of commercial algae production. The expectation is that this transparency and interaction will lead to an increase of the learning curve to make algae production cheaper and thus supplying more markets.