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"The DEMA Consortium will develop, demonstrate and licence a complete economically competitive technology for the direct production of bioethanol from microalgae with low-cost scalable photobioreactors by 2016. Initial proof-of-concept results show via Life Cycle Assessments (LCA) and economic balance that it is feasible to use microalgae to produce bioethanol for less than € 0.40 per litre. The c ...