In this study the effects of phosphorus and nitrogen levels, temperature and light-dark cycle on the algal growth potential (AGP) of an Antarctic Chlorococcum isolated from an ephemeral stream at Reeve Hill, Antarctica was investigated. The highest AGP was attained when the cultures were grown at high nitrogen concentration (329.87 mg NO3-N/l) and low phosphorus concentration (2.6 mg PO4-P/l) at 4ºC on a 12 h:12 h light-dark cycle. The results showed that Chlorococcum sp. required a high concentration of nitrogen, low concentration of phosphorus, low temperature with equal lengths of light and dark period (12 h:12 h) for optimum growth.