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DSU receives $300,000 grant for microalgae research

Ali Parsaeimehr and Gulnihal Ozbay are the Principal Investigator and Co-PI, respectively, on a research grant in which they are developing microalgae for dual purposes – as a bioenergy source and for use as a pharmaceutical. / SOURCE: DSU

December 29, 2023

BY Delaware State University

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April WASDE maintains 2023-’24 forecast for soybean oil use in biofuel production

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By Erin Voegele

April 11, 2024

Feedstocks

The USDA maintained its forecast for 2023-’24 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released April 11. The forecasted price for soybean oil was also unchanged.

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The U.S. Department of Energy will award up $18.8 million to address research and development (R&D) challenges in converting algae, such as seaweeds and other wet waste feedstocks, to biofuels and bioproducts.

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The University of Missouri’s FAPRI in March released a report featuring 10-year baseline projections for U.S. agricultural markets that predicts renewable diesel and SAF production will grow over the next decade while biodiesel production declines.

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U.S. biofuels operable production capacity was unchanged in January, according to data released by the U.S. Energy Information Administration on March 29. Total feedstock consumption was down when compared to the previous month.

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The USDA’s National Agricultural Statistics Service is predicting a 3% increase in soybean planted area for 2024, according to the agency’s annual Prospective Plantings report, which was released March 28.

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