Biofuels made from algae are gaining attention as a domestic source of renewable fuel. However, with current technologies, scaling up production of algal biofuels to meet even 5 percent of U.S.

The MarketWatch News Department was not involved in the creation of this content. Algae-Based Biofuel Market to Reach USD 19.16 Billion by 2032 as Sustainable Aviation Fuel and Energy Security ...

The oil giant is quitting an area of research it has long held up as part of a clean "energy future." Reading time 3 minutes It’s the end of an algal era: Exxon is backing out of a biofuel effort that ...

Algal biofuels, derived from the biomass of algae, are gaining traction due to their high yield, low environmental impact, and potential to significantly reduce carbon emissions compared to ...

Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook A new grant from the National Science Foundation will allow University researchers to further ...

HONG KONG, HONG KONG, April 16, 2025 /EINPresswire.com/ -- BRK Technology is proud to emphasize the growing advantages of algae-based biofuels over battery power in ...

On April 10, 2024, the U.S. Department of Energy’s Bioenergy Technologies Office (BETO) and Office of Fossil Energy and Carbon Management (FECM) announced the MACRO: Mixed Algae Conversion Research ...

An algae farm outdoor growth facility at General Atomics in San Diego. (Mark Boster / Los Angeles Times via Getty Images) One by one, Big Oil firms have touted their investments in algae biofuels as ...

Biofuels made from algae have had their time in the sun, with years of highly publicized investments from fossil fuel companies, such as Exxon and Chevron, and studies showing potential for the energy ...

AUSTIN, Texas and TOKYO, Jan. 13, 2026 /PRNewswire/ --According to DataM Intelligence, the global Algae-Based Biofuel Market reached USD 9,230.5 million in 2024 and is projected to grow to USD ...