Energy Department Awards $18 Million to Develop Valuable Bioproducts and Biofuels from Algae
The Energy Department today announced six projects that will receive up to $18 million in funding to reduce the modeled price of algae-based biofuels to less than $5 per gasoline gallon equivalent (gge) by 2019. This funding supports the development of a bioeconomy that can help create green jobs, spur innovation, improve the environment, and achieve national energy security.
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