U.S. Department of Energy Announces $19 Million for Carbon Utilization Funding Opportunity

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February 11, 2022

U.S. Department of Energy Announces $19 Million for Carbon Utilization Funding Opportunity

The U.S. Department of Energy’s Bioenergy Technologies Office (BETO) in the Office of Energy Efficiency and Renewable Energy (EERE) and the Office of Fossil Energy and Carbon Management’s Carbon Utilization Program announced up to $19 million in federal funding for the advancement of technologies that utilize waste carbon to reduce greenhouse gas (GHG) emissions and produce reliable feedstocks for biotechnologies.

The funding opportunity announcement (FOA), entitled “Carbon Utilization Technology: Improving Efficient Systems for Algae,” specifically aims to increase the capability of algal systems to capture carbon dioxide and put it to productive use. Capturing this waste carbon then allows for algae to be cultivated into a variety of biofuels and bioproducts. The deployment of algal technologies in these projects will help lower algal system cost, while decreasing GHG emissions. Additionally, this FOA will contribute to BETO’s goal of producing at least 3 billion gallons of sustainable aviation fuels by 2030.

“This funding opportunity is a great example of the Department’s offices working together on a holistic approach to GHG management and reduction,” said Kelly Speakes-Backman, Principal Deputy Assistant Secretary for EERE. “Algae technology provides not only an exceptional carbon sink, but a versatile material product which offers solutions to sustainability challenges from fuel to plastics.”

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