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February 05, 2008 | Jim Lane | Comments 0

Texas awards $4 million to algae research project at Texas A&M

The Texas Emerging Technology Fund (ETF) awarded $4 million Texas A&M’s Texas AgriLife Research unit, and General Atomics, for research into algae based biofuels to support domestic and military fuel needs. The project will include the development of algae strains and methods for algae production.

Algae-based research and development continues to pick up in pace, even though the US Defense Department is estimating that the current production cost of algae oil exceeds $20 per gallon. Recent developments include:

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