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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

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