[NEWS] Dept. of Energy Announces $15 Million to Advance Algae Biofuels
– July 16, 2016, EIN Newsdesk
The Energy Department today announced up to $15 million for three projects aimed at reducing the production costs of algae-based biofuels and bioproducts through improvements in algal biomass yields. These projects will develop highly productive algal cultivation systems and couple those systems with effective, energy-efficient, and low-cost harvest and processing technologies. This funding will advance the research and development of advanced biofuel technologies to speed the commercialization of renewable, domestically produced, and affordable fossil-fuel replacements.
The three projects selected, located in California and Florida, will include multi-disciplinary partners to coordinate improvements from algal strain advancements through pre-processing technologies (harvesting, dewatering, and downstream processing) to biofuel intermediate in order to reduce the production costs of algal biofuels and byproducts.