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DOE Announces $8 Million for Projects to Develop Algae-Based CO2 Utilization
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Today, the U.S. Department of Energy (DOE) Office of Fossil Energy (FE) announced plans to make $8 million in Federal funding available for cost-shared research, development, and testing of technologies that can utilize carbon dioxide (CO2) from power systems or other industrial sources for bio-mediated uptake by algal systems to create valuable products and services.

Funding opportunity announcement (FOA) DE-FOA-0002403, Engineering-Scale Testing and Validation of Algae-Based Technologies and Bioproducts, will support the goals of DOE’s Carbon Utilization Program. The primary objective of carbon utilization technology development is to lower the near-term cost of carbon capture through the creation of value-added products from the conversion of carbon dioxide.

The intent of the FOA is to seek applications that aim to perform engineering-scale testing and validation of algae-based technologies and bioproducts. Technologies that convert CO2 must show a net decrease in CO2 emissions through life cycle analysis, display a potential to generate a marketable product and show that the product displays beneficial aspects when compared to commercially available products produced with existing state-of-the-art technology.

Applications may be sought and accepted under a second closing date contingent upon the availability of appropriated funds and need.

More information on this notice of intent can be found here.

The Office of Fossil Energy funds research and development projects to reduce the cost of advanced fossil energy technologies and further the sustainable use of the nation’s fossil resources. To learn more about the programs within the Office of Fossil Energy, visit the Office of Fossil Energy website or sign up for FE news announcements.