Energy Department Awards $3.5 Million to Develop Cost-Competitive Algal Biofuels
July 17, 2014
The Energy Department announced today $3.5 million for an algae project aimed at accelerating the development of sustainable, affordable algal biofuels. This research project supports the Department’s goal of producing 2,500 gallons of algal biofuel feedstock per acre per year by 2018, an important milestone toward reducing the cost of algal biofuels to cost-competitive levels of 5,000 gallons per acre per year by 2022.
Cellana, LLC, in Kailua-Kona, Hawaii, was selected to receive $3.5 million to develop a fully integrated, high-yield algae feedstock production system by integrating the most advanced strain improvement, cultivation, and processing technologies into their operations at their Kona Demonstration Facility.
The Energy Department's Office of Energy Efficiency and Renewable Energy accelerates development and deployment of energy efficiency and renewable energy technologies and market-based solutions that strengthen U.S. energy security, environmental quality, and economic vitality. Learn more about EERE's work with industry, academia, and national laboratory partners on a balanced portfolio of research in biofuels and conversion technologies.