Algae may be a potential source of biofuels and biochemicals even in cool climate
Algae are organisms useful in many ways in the transition towards a bio-economy. Even in a cool climate as in Finland, algae might be used to produce biochemicals and biofuels, besides use in capture of industrial carbon dioxide emissions. The ALGIDA project coordinated by VTT Technical Research Centre of Finland explored algae growing in Finland.
Algae are not yet profitably cultivated for energy production purposes. The cultivation is challenging especially in cool climate where there is little daylight in winter.
Production is expensive compared with wood and agricultural biomass.
