March 4, 2010

Strong algae momentum

Two recent big news on the algae front are developments from Honeywell's UOP business and from DuPont. Both companies were able to get funding from the US Department of Energy (DOE) - $1.5 million for UOP and $8.8 million for DuPont.

In UOP's case, The funding will be used for the design of a demonstration system that will capture carbon dioxide from exhaust stacks at Honeywell's manufacturing facility in Hopewell, Virginia, and deliver the captured CO2 to a cultivation system for algae. Algal oil will be extracted from the algae for biofuel feedstock, and the algae residual can be converted to pyrolysis oil, which can be burned to generate renewable electricity.

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