NATO-funded Serbian Researchers Develop Biofuel from Algae
Serbian scientists are leading a research project to develop the commercial production of biofuel from algae. The pioneering project is supported by the NATO Science for Peace and Security (SPS) Programme and is carried out by Belgrade’s Institute for Multidisciplinary Research in cooperation with Manchester University in the United Kingdom and Baylor University in the United States.
The project will last for 3 years and it is hoped that the results could encourage development of green technologies in the energy sector. Successful completion of this project could help fuel prices drop by 1/5 in the next 5 years.