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US Bioenergy Tech Projects get $34m Funding Boost - Bio Market Insights

$34 Million Awarded to Advance Waste and Algae Bioenergy Technology Projects

$34 Million Awarded to Advance Waste and Algae Bioenergy Technology Projects
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DOE Announces Nearly $34 Million to Advance Waste and Algae Bioenergy Technology – Advanced BioFuels USA

(U.S. Department of Energy)  11 University- and Industry-Led Projects will Develop Biomass Resources to Convert to Low-Carbon Fuel for Planes and Ships    The U.S. Department of Energy (DOE) today announced nearly $34 million in funding for 11 projects that will support high-impact research and development to improve and produce biofuels, biopower, and bioproducts. These biomass resources, otherwise known as feedstocks, can be produced by municipal solid waste (MSW) streams and algae and converted into low-carbon fuels that can significantly contribute to the decarbonization of transportation sectors that face barriers to electrification, like aviation and marine. By lowering the carbon footprint of the transportation sector, biofuels will play an important role in reaching the Biden-Harris Administration’s goal of achieving net-zero emissions by 2050. 

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