Appropriation of $20.2 million for the development of products such as mixed-algae biofuels

On November 14, the U.S. Department of Energy’s Office of Bioenergy Technologies and Office of Fossil Energy and Carbon Management announced $20.2 million (approximately $146 million) in funding for 10 university and industry projects to advance the development of hybrid algae for low-carbon biofuels and bioproducts.

The selected projects, located in seven states, will work on high-impact research and development (R&D) focused on converting algae, such as seaweed and other wet waste feedstocks, into low-carbon fuels, chemicals, and agricultural products to decarbonize domestic transportation and industry.