Marine Algae Industrialization Consortium (MAGIC): Combining biofuel and high-value bioproducts to meet the RFS Award Number: DE-EE0007091 CX(s) Applied: A9 Bioenergy Technologies Office Date: 09/08/2015 Location(s): NC Office(s): Golden Field...
Office of NEPA Policy and Compliance
September 8, 2015
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Marine Algae Industrialization Consortium (MAGIC): Combining biofuel and high-value bioproducts to meet the RFS
Award Number: DE-EE0007091
CX(s) Applied: A9
Bioenergy Technologies Office
Date: 09/08/2015
Location(s): NC
Office(s): Golden Field Office
The U.S. Department of Energy (DOE) is proposing to provide federal funding to Duke University to use the Marine Algae Industrialization Consortium’s fully integrated platform technology for the production of biofuels and high-value nutritional bioproducts to demonstrate a combined co-product value >$1,000/metric ton while yielding a biofuel intermediate that demonstrably meets or exceeds the renewable fuel standards for advanced biofuels, has an energy return on investments >3, and would sell for <$5/gallon of gas equivalent.