A system for the production and harvesting of algae including one or more of the following components: A turbulator for dissolving carbon dioxide in water to form an algae growth media, a photobioreactor having a serpentine flow path for the algae growth media through spaced apart high and low baffles with an associated light source, a dewatering device for the algae slurry harvested from the photobioreactor, a turbulator for breaking up the cells in the algae sludge coming off the dewatering device, a cooker for cooking the broken up algae cells under pressure and a settling tank for separating the cooked cells into oil, spent media and biomass fractions.