The American Chemical Society is reporting that chemists have for the first time used an "economical, eco-friendly process" to convert algae oil into biodiesel fuel. The U.S. researchers say it could ...

On April 10, 2024, the U.S. Department of Energy’s Bioenergy Technologies Office (BETO) and Office of Fossil Energy and Carbon Management (FECM) announced the MACRO: Mixed Algae Conversion Research ...

Martek Biosciences, a company that has been working on growing algae for conversion into microbial oils and biofuels, has inked a $10 million deal with energy leader BP for the joint development of ...

Slimy green algae may be an answer to the global oil crisis. With a renewed interest in converting algae into biofuel, researchers are studying ways to cut costs and improve conditions for growing ...

The MarketWatch News Department was not involved in the creation of this content. Algae-Based Biofuel Market to Reach USD 19.16 Billion by 2032 as Sustainable Aviation Fuel and Energy Security ...

The U.S. Department of Energy’s (DOE) Bioenergy Technologies Office (BETO) and Office of Fossil Energy and Carbon Management (FECM) announced on February 13, 2024, their intent to issue funding to ...

In a major move forward for algae-based biofuel, US feedstock producer Cellana has inked a multi-year deal for commercial-scale quantities. Finnish company Neste Oil, one of the world's biggest ...

Algae biofuels have been abandoned due to the difficulty in making them economically competitive with crude oil. Scientists have discovered a new process in photosynthesis that can extract electrons ...

The U.S. Department of Energy (DOE) has allocated $18 million in funding to six projects in an effort to reduce the modeled price of algae-based biofuels to less than $5/CGE by 2019 and $3/CGE by 2030 ...

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