Every major industry that generates CO2 or other organic gas emissions needs its friendly algae installation. So feels Riggs Eckelberry, CEO of Origin Oil...see this post
Guess everyone is agreed on this in principle...as always, the question is the economics...from what I read, power plants that are going ahead with pilots for algae sequestration are finding that the cost economics are not clear. At least I have not heard a single power plant say clearly that they have their cost and business plan ready.
But sequestering CO2 geologically is an expensive (make that terribly expensive) process as well...so when one does all the pluses and minuses, there is a good chance algae sequestration could indeed prove very cost effective
If anyone has an idea of CO2 sequestration cost economics modelling for power plants, would most appreciate if they could provide me a reference, thanks!