TOLEDO, Ohio - The Department of Energy and Congresswoman Marcy Kaptur announced more than $2 million in grants Monday for the University of Toledo.
The grant, which will be nearly $2.4 million, will fund a three-year research initiative into algae derived fuel research.
“This funding puts Northwest Ohio at the forefront of a national effort to create new technologies and methods for biofuels,” said Kaptur. “These types of programs can lead to breakthroughs that will create American jobs and enhance our energy security, which is why I remain committed to renewable energy and advanced research from my role overseeing Department of Energy funding on the Appropriations Committee. Congratulations to the researchers at the University of Toledo for receiving this award.”
The Department of Energy says the projects these grants fund will deliver high-impact tools and techniques for increasing the productivity of algae organisms in order to reduce the costs of producing algal biofuels and bioproducts. The funding for this initiative supports the development of a U.S. economy that can help create jobs, spur innovation, improve quality of life, and achieve national energy security.