The US Navy is supporting the development of algae-based biofuel by the University of Arizona’s Arizona Centre for Algae Technology and Innovation (AzCATI).
Free Buyers Guide
Leading Guide to Submarine and Submersible Suppliers for the Naval Industry
Thank you.
Go deeper with GlobalData
Related Company Profiles
Your download email will arrive shortly.Please check your mail inbox to download buyer's guide
You may also be interested in:
AzCATI leads the US Department of Energy (DOE)-funded national algae testbed, the algae testbed public-private partnership. The Navy is seeking to discover if the cost of creating algae biofuels could be lowered to challenge traditional fuel markets.
US Navy Energy, Installations and Environment assistant secretary Dennis McGinn said the navy is very interested in developing alternative transportation fuel to power its fleets.
"Algae biofuel represents great potential in that it is sustainable and scalable," McGinn said.
"That’s why we’re interested in working with ASU and the industry to advance this technology."
With plans to use about 10% to 50% biofuel blends to power its vessels, the US Navy is working with the US Department of Agriculture (USDA) to reduce biofuel costs to $3.50 per gallon or less, at the commercial scale of 170 million gallons a year.
Furthermore, the navy’s use of domestic renewable fuels may enhance national and economic security.
"Globally, there is a continuing overreliance on fossil fuel," McGinn added.
"While we are very appreciative and view it as a blessing to our country to have this current oil and gas boom, in the national security business we get paid to look over the long-term horizon."
Under the Defence Production Act, the US Navy, together with the US DOE and USDA, has been investing to reduce the cost of biofuel production.
Image: Dennis McGinn surveying algae ponds during his visit to ASU. Photo: courtesy of Sarah Mason.
Free Buyers Guide
Leading Guide to Submarine and Submersible Suppliers for the Naval Industry
Thank you.
Your download email will arrive shortly.Please check your mail inbox to download buyer's guide
You may also be interested in:
By downloading this Buyers Guide, you acknowledge that GlobalData UK Limited may share your information with our partners/sponsors who may contact you directly with information on their products and services.
Visit our Privacy Policy for more information about our services, how GlobalData may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.