“It’s the co-products, stupid.???
-- Riggs Eckelberry of OriginOil
A wave of algae biodiesel firms and and an accompanying amount of hype have surfaced recently. Some firms are making outlandish claims about the volume of algae they can produce from an acre of land. They'll be hoisted with their own petard soon enough.

There are many pieces to the algae puzzle that seem like afterthoughts, but are actually crucial to the economics -- co-products, nutrients, harvesting, drying, and conversion technology. System design and algae strain (which seem to be the focus of most discussions) are important, but not the only components.
Co-generation, co-location, and...