One year after President Obama was mocked for including algae in his “all-of-the-above” energy strategy, his Energy Department is pressing ahead with efforts to turn algae into fuel.
On Thursday, the department announced “up to $10 million to help unlock the potential of biofuels made from algae.”
The money will go to research projects aimed at making algae cultivation systems more productive (getting more of it per acre); and developing energy-efficient and low-cost algae harvesting and processing technologies.
The Energy Department hopes the new technologies will speed commercialization of domestically-produced, cost-competitive biofuels from algae.
Researchers from industry, academia, and national laboratories are encouraged to apply for the federal funding.
Read more.