Honeywell’s UOP Awarded Funding for Algae Carbon Dioxide Capture
UOP, a Honeywell ( HON) company, announced that it has been awarded a $1.5 million cooperative agreement from the U.S. Department of Energy for a project to demonstrate technology to capture carbon dioxide and produce algae for use in biofuel and energy production.
The funding will be used for the design of a demonstration system that will capture carbon dioxide from exhaust stacks at Honeywell’s manufacturing facility in Hopewell, Va., and deliver the captured CO2 to a cultivation system for algae.
Algal oil can then be extracted from the algae for conversion to biofuels, and the algae residual can be converted to pyrolysis oil, which can be burned to generate renewable electricity.
