Marine microalgae commercial production improves sustainability of global fisheries and aquaculture.

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.

Target Cultivation and Financing Parameters for Sustainable Production of Fuel and Feed from Microalgae.

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.