Fluorescent lamps and semiconductor light-emitting diodes (LEDs) lamps are commonly used as artificial light sources in the indoor algae cultivation system. In this study, we tested the effect of two types of fluorescent lamps (T8 and T5) and white LED lamp on the growth, photosynthesis, and nutrient uptake rates of Neopyropia yezoensis and Ulva prolifera under three photosynthetically active radiation (PAR) conditions (80, 150 and 300 μmol photon m2 s−1). White LED and T8 fluorescent light induced the highest and the lowest growth rates, respectively, in both species under each PAR. The effect of T5 fluorescent light on growth rate depends on the species and PAR. Interestingly, the T8 fluorescent light significantly increased the uptake rate of phosphorus under all PARs and nitrogen uptake rate was enhanced under 150 μmol photon m2 s−1 in U. prolifera, which was not observed in N. yezoensis. Our results suggest that white LED lamp is a more economical and efficient artificial light source than fluorescent lamps because of their highest enhancement of growth. The optimal PAR of T5 fluorescent light for growth is lower than T8 fluorescent light in the cultivation of U. prolifera. T8 fluorescent increases phosphorous uptake rate in U. prolifera.