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Nearly $180 million invested in algae alone in 2010

9/12/2010

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Last Wednesday, the Department of Energy hosted a webinar entitled the “the promise and challenge of algae as a renewable source of biofuels.” Slides and presentations when available (within 7-10 days) will be posted here: http://www1.eere.energy.gov/biomass/webinars.html

Topics that were of interest to me were algae funding, and the consortium.

Increased algae funding


The first presentation highlighted the Aquatic Species Programs total budget of $25 million dollars during the course of the project. Fast forward to 2010 and the DOE Biomass Program has made an investment of close to $180 million dollars! Funding was allocated for algae research and development as well as algae deployment projects including those below.

Algae research and development funding
  • $49 million for the National Alliance for Advanced Biofuels and Bioproducts (NAABB) consortium.
  • $35 million for algae research and development as directed by congress.
Algae deployment projects funding
  • $50 million for Sapphire to deploy open pond algal biofuel system.
  • $25 million for the Algenol to pilot photobioreactor algal biofuel system.
  • $22 million for Solazyme to pilot a heterotrophic algal biofuel system.
Consortiums

Three consortiums presented at the webinar on their objectives. The consortiums are taking a holistic approach to developing algae fuels from crop protection to life cycles. It was really great to see all aspects being weighed into the development of the algae biofuels. The three consortiums are shown below.
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  • National Alliance for Advanced Biofuels and Bioproducts (NAABB) consortium is led by Jose Olivares.
  • Sustainable Algae Biofuels Consortium (SABC) is led by Gary Dirks from ASU is a two year program.
  • San Diego Center for Algae Biotechnology (SD-CAB) is led by Stephen Mayfield.
Updates on when the presentations are available will be announced on twitter.com/AlgaeU.

If you have any thoughts or comments about the webinar, I would be interested in seeing them in the comments section below.

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