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This could be more cost effective than closed bioreactors.


"The first real-world, demonstration-scale project in Nevada for 
turning algae into biofuel has successfully completed the initial 
stage of research at the University of Nevada, Reno. The project 
is on track to show the process is an economical, commercially 
viable renewable energy source in Nevada."

http://www.unr.edu/nevadanews/templates/details.aspx?articleid=4810&zoneid=40

Best Wishes,
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Gabriel L. Espinosa