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U.S. DOE awards 3 research groups $24 million in Recovery Act funds for algae commercialization studies

Posted on : 09 Jul, 2010

 

In its push for clean energy sources, President Obama's administration is exploring all options -- including algae-based biofuels. Obama and Energy Secretary Steven Chu have set aside $800 million in Recovery Act funds to research new biofuels.

 

DOE says algae has potential, but technical and economic challenges remain. To guide future work, it released the National Algal Biofuels Technology Roadmap. The U.S. Department of Energy announced on June 17, 2010 that it's awarding up to $24 million for three research groups (Sustainable Algal Biofuels Consortium, Consortium for Algal Biofuels Commercialization, and Cellana, LLC Consortium) to figure out how to make such biofuels commercially viable. Source:http://content.usatoday.com (June 29, 2010)  

 

In light of increased private & public funding of research into new biofuels, and growing global interest in bio-energy developments, CMT will once again host our annual Algae World Asia series, this time bringing the event to Singapore and spotlighting on opportunities in ASIA, and advances in algae technology.

 

Program agenda for this 19-20 October event is now being finalised and will be updated here shortly.

 

Do visit us again soon for the next update on topics and speakers or contact nadia@cmtsp.com.sg for  other details on the  3^rd Algae World Asia in Singapore, 19-20 October 2010.