Biofuel Research and Development Grants
The U.S. Department of Energy (DOE) provides funding for research and development to convert algae into biofuels and sustainable aviation fuel through the Mixed Algae Conversion Research Opportunity (MACRO). Projects must demonstrate that generated biofuels at commercial scale have the potential of at least 50% greenhouse gas reductions compared to conventional fuels. Individual awards of up to $1.5 million with a cost share of at least 20% are available. Eligible applicants include universities; businesses; nonprofit organizations; and state, local, and tribal governments. Additional terms and conditions apply. For more information, see the DOE MACRO website.
(Reference Public Law 109-58 and 42 U.S. Code 16231 and 16232)
Jurisdiction: Federal
Type: Incentives
Agency: U.S. Department of Energy
Enacted: Aug 8, 2005
Technologies: Biodiesel, Ethanol, Renewable Diesel
See all Federal Laws and Incentives.