The U.S. Energy Dept. will spend as much as $24 million funding efforts by two university research groups and a Hawaiian biofuels company to develop ways to further the commercialization of algae-based biofuels, as the federal government looks for more sources of renewable energy for domestic transportation.
A U.C. San Diego-led group and Hawaii-based Cellana LLC, which is a joint-venture between Shell and HR BioPetroleum, will receive as much as $9 million each for their work on processes such as algal crop protection, genetic advancements and seawater-based algae harvesting, the Energy Department said.
An Arizona State-led group will get as much as $6 million to research how algae can best be biochemically converted to a fuel source.
"The United States must find effective ways to hasten the development of technologies for advanced biofuels made from algae and other renewable resources to reduce our need for foreign sources of oil," said Cathy Zoi, assistant secretary for Energy Efficiency and Renewable Energy.
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Tags: Biofuels, Algae, Biofuel, Biofuel Research Grants, Cellulosic
Energy Deparptment to Fund $24 Million in Algae Biofuel Research was originally published by Green Car Advisor. Read the full story by clicking here.