This techno-economic analysis/life-cycle assessment is based on actual production by the Cornell Marine Algal Biofuels Consortium with biomass productivity > 23 g/m 2-d. Ten distinct cases are presented for two locations, Texas and Hawaii, based on a 100-ha production facility with end-to-end processing that yields fungible co-products including biocrude, animal feed, and ethanol. Several processing technologies were evaluated: centrifugation and solvent extraction (POS Biosciences), thermochemical conversion (Valicor), hydrothermal liquefaction (PNNL), catalytic hydrothermal gasification (Genifuel), combined heat and power, wet extraction (OpenAlgae), and fermentation. The facility design was optimized by co-location with waste CO 2 , a terraced design for gravity flow, using renewable energy, and low cost materials. The case studies are used to determine the impact of design choices on the energy return on investment, minimum fuel and feed sale prices, discounted payback period, as well as water depletion potential, human health, ecosystem quality, non-renewable resources, and climate change environmental indicators. The most promising cases would be economically competitive at market prices around $2/L for crude oil, while also providing major environmental benefits and freshwater savings. As global demands for fuels and protein continue rising, these results are important steps towards economical and environmentally sustainable production at an industrial scale.

We present the results from sustained tonne-quantity production of two novel strains of marine microalgae, the diatom Staurosira and the chlorophyte Desmodesmus, cultivated in a hybrid system of 25-m 3 photobioreactors and 400-m 2 open ponds at a large-scale demonstration facility, and then apply those results to evaluate the performance of a 100-ha Base Case commercial facility assuming it were built today. Nitrogen fertilization of 2-d batch cultures in open ponds led to the greatest yields-from both species-of ~75 MT ha-1 yr-1 biomass, and ~30 MT ha-1 yr-1 lipid, which are unprecedented in large scale open pond systems. The process described here uses only seawater, discharges no nitrogen or phosphorus in any form, and consumes CO 2 at 78% efficiency. We estimate the capital cost of a 111-ha Base Case facility at $67 million in Hawaii, where actual production was performed, and $59 million on the Gulf Coast of Texas. We find that large-diameter, large-volume PBRs are an economical means to maintain a continuous supply of consistent inoculum for very short-period batch cultures in open ponds, and thus avoid biological system crashes that otherwise arise in longer-term pond cultures. We recommend certain improvements in cultivation methods that could realistically lead to yields of 100 MT ha-1 yr-1 biomass and >50,000 L ha-1 yr-1 algal oil. Comprehensive techno-economics and life cycle assessment of 20 endto-end production lineups, based on the cultivation results in this paper, are presented in a companion paper by Beal et al [1].

This paper presents a methodology to integrate life cycle assessment (LCA)in thermoeconomic models used for the optimal conceptual design of energy conversion systems. It is illustrated by an application to a thermo-economic model developed for the multi-objective optimization of combined synthetic natural gas (SNG) and electricity production from lignocellulosic biomass. The life cycle inventory (LCI) is written as a function of the parameters of the thermo-economic model. In this way, the obtained environmental indicators from the life cycle impact assessment (LCIA) are calculated as a function of the decision variables of process design. The LCIA results obtained with the developed methodology are compared with the results obtained by a conventional LCA of the same process. Then, a multi-objective environomic (i.e. thermodynamic, economic, environmental) optimization of the process superstructure is performed. The results highlight the important effects of process configuration, integration, efficiency and scale on the environmental impacts.

A method is described for saving 30% of the world fish catch by producing fishmeal and fish oil replacement products from marine microalgae, the natural source of proteins and oils in the marine food web. To examine the commercial aspects of such a method, we adapt a model based on results of microalgae production in Hawaii and apply it to Thailand, the world’s fourth largest producer of fishmeal. A model facility of 111 ha would produce 2,750 tonnes yr−1 of protein and 2,330 tonnes yr−1 of algal oil, at a capital cost of $29.3 M. Such a facility would generate $5.5 M in average annual net income over its 30-year lifetime. Deployment of 100 such facilities in Thailand would replace all domestic production of fishmeal, 10% of world production, on ~1.5% of the land now used to cultivate oil palm. Such a global industry would generate ~$6.5 billion in annual net income.

Production of economically competitive and environmentally sustainable algal biofuel faces technical challenges that are subject to high uncertainties. Here we identify target values for algal productivity and financing conditions required to achieve a biocrude selling price of $5 per gallon and beneficial environmental impacts. A modeling framework--combining process design, techno-economic analysis, life cycle assessment, and uncertainty analysis--was applied to two conversion pathways: (1) "fuel only (HTL)", using hydrothermal liquefaction to produce biocrude, heat and power, and (2) "fuel and feed", using wet extraction to produce biocrude and lipid-extracted algae, which can substitute components of animal and aqua feeds. Our results suggest that with supporting policy incentives, the "fuel and feed" scenario will likely achieve a biocrude selling price of less than $5 per gallon at a productivity of 39 g/m(2)/day, versus 47 g/m(2)/day for the "fuel only (HTL)" scenario. Furthermore, if lipid-extracted algae are used to substitute fishmeal, the process has a 50% probability of reaching $5 per gallon with a base case productivity of 23 g/m(2)/day. Scenarios with improved economics were associated with beneficial environmental impacts for climate change, ecosystem quality, and resource depletion, but not for human health.