DOE Announces US $24M for Algae Research
June 30, 2010
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Washington, D.C, United States -- The U.S. Department of Energy announced the investment of up to US $24 million for three research groups to tackle key hurdles in the commercialization of algae-based biofuels. The selections will support the development of a clean, sustainable transportation sector - a goal of the Department's continued effort to spur the creation of the domestic bio-industry while creating jobs.
The final National Algal Biofuels Technology Roadmap released at the conference reflects the substantive comments received and is intended to guide future work and investments in algal biofuels.
"Partnerships such as these focus the creative powers of the public, private, and academic sectors on key challenges facing the development of renewable energy for transportation," said Assistant Secretary for Energy Efficiency and Renewable Energy Cathy Zoi. "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." Zoi made the announcement while speaking at the Biotechnology Industry Organization (BIO) 2010 World Congress on Industrial Biotechnology and Bioprocessing.
Despite algae's potential, many technical and economic challenges must be overcome for algal biofuels to be commercialized. To identify these hurdles and guide research and development activities, DOE convened the National Algal Biofuels Technology Roadmap Workshop, bringing together more than 200 experts and stakeholders from across the country. The Department synthesized workshop results and released a draft report for public comment in June 2009. View a copy of the National Algal Biofuels Technology Roadmap |
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