ABO 2019 Summary Update
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The Algal Biomass Organization (ABO) advocates for algae-centric policies and innovations, connecting members from various sectors to enhance the algae industry. The 2018 Farm Bill significantly boosts support for algae agriculture, including new research programs and eligibility for federal crop insurance, promoting algae as an agricultural commodity. ABO continues to focus on expanding algae production, developing markets, and addressing sustainability issues within the algal industry.
ABO 2019 Summary Update
- 1. ALGAE BIOMASS ORGANIZATION 2019 SUMMARY Algal Biomass Organization | www.algalbiomass.org
- 2. 2 Introduction to ABO ABO advocates for algae-advancing policy and funding, serves as a hub for innovation and networking, and drives demand for “made with algae” products and services. Founded in 2008, ABO is the leading voice of the industry Members include producers, end users, suppliers, and the research community Host of the annual Algae Biomass Summit, the largest global gathering of algae producers, researchers, investors, suppliers, policy makers, and other stakeholders. Collectively, we strive to deliver on a shared mission to promote and accelerate the power of algae to create a step-change in the health and well-being of humanity and the environment Algae Biomass Organization | www.algaebiomass.org
- 3. 2018 Farm Bill Dramatically Expands Support for Algae Agriculture Algae Agriculture Research Program Biomass Crop Assistance Program Crop Insurance • Establishes a new USDA Algae Agriculture Research Program • Addresses challenges in farm- scale algae production • Supports development of algae- based agriculture solutions • Provides for the first time full eligibility to algae under the Biomass Crop Assistance Program • Provides financial support to farmers for establishment, production and delivery of new biomass crops • Algae are explicitly added under the definition of "agricultural commodity" for the purposes of federal crop insurance programs • Paves the way for federal crop insurance for algae production 3Algae Biomass Organization | www.algaebiomass.org
- 4. 2018 Farm Bill Dramatically Expands Support for Algae Agriculture Carbon Capture and Use Biobased Markets Program (BioPreferred) Biorefinery Assistance (9003 Loan Guarantee) Program • Adds several provisions expanding Carbon Capture and Utilization research, education and outreach at the Department of Agriculture • Significant opportunity to monetize carbon in the farm economy • Current USDA methodology excludes biobased products from recycled carbon • Directs USDA to establish methodology providing full credit for biobased content for products from biologically recycled carbon • Expands the section 9003 loan guarantee program • Allows algae-based and other biorefinery projects for the manufacture of renewable chemicals and biobased products to qualify regardless of whether biofuels will be produced 4Algae Biomass Organization | www.algaebiomass.org
- 5. Bioeconomy Initiative Tie-ins Dramatically Expands Support for Algae Agriculture Gaps to Address • The ability to grow and harvest highly productive algae at large scale • The fractionation and conversion of algae into products, and value-added co-products, to meet market needs • Accessing existing markets and building new markets for algae based products • Addressing the resources needed for the distribution and utilization of a national algal industry • Evaluating sustainability of algae production Goals for Algae R&D • Continue dedicated R&D for algal products • Develop TEMs to inform research • Leverage high value algal products to develop algae industry infrastructure • Coordinate regulatory and policy guidance to support algae companies 5Algae Biomass Organization | www.algaebiomass.org
- 6. DEPARTMENT OF COMMERCE National Oceanic and Atmospheric Administration National Marine Fisheries Service, Aquaculture Office National Ocean Service, National Centers for Coastal Ocean Science, Stressor Impacts and Mitigation, Ecology and Oceanography of Harmful Algal Blooms/Prevention, Control, and Mitigation of Harmful Algal Blooms DEPARTMENT OF ENERGY Advanced Research Projects Agency-Energy Energy Efficiency and Renewable Energy - Bioenergy Technologies Office, Advanced Algal Systems Environment, Health and Safety Office Fossil Energy, Clean Coal & Carbon Management Office of Advanced Fossil Technology Systems Carbon Capture, Utilization, and Storage Division Office of Strategic Planning & Global Engagement Office of Science, Basic Energy Sciences Chemical Sciences, Geosciences, and Biosciences, Photochemistry and Biochemistry NATIONAL SCIENCE FOUNDATION Directorate for Engineering Division of Chemical, Bioengineering, Environmental and Transport Systems ENVIRONMENTAL PROTECTION AGENCY Office of Chemical Safety and Pollution Prevention, Office of Pollution Prevention and Toxics - Biotechnology Technical Team & Risk Assessment Division Office of Research and Development - National Center for Environmental Research, Applied Science Division, National Risk Management Research Laboratory, Air Pollution Prevention and Control Division Office of Water - Office of Science and Technology DEPARTMENT OF AGRICULTURE Animal and Plant Health Inspection Service - Biotechnology Regulatory Service, Office of the Deputy Administrator National Institute of Food and Agriculture - Institute of Bioenergy, Climate, and Environment, Institute of Food Production and Sustainability, Division of Animal Systems, Aquaculture Rural Development - Rural Business Cooperative Services, Energy Programs, Technology Branch Office of the Chief Economist - Renewable Energy HEALTH AND HUMAN SERVICES, FOOD AND DRUG ADMINISTRATION Office of Foods and Veterinary Medicine Center for Food Safety and Applied Nutrition, Office of Food Additive Safety, Division of Biotechnology and GRAS Notice Review, Center for Veterinary Medicine, Office of Surveillance and Compliance, Division of Animal Feeds Algae Interagency Working Group Algal Biomass Organization | www.algalbiomass.org 6
- 7. STATE OF THE INDUSTRY Companies Biomass Production Players Partner Industries Initiatives for Growing the Industry 7Algae Biomass Organization | www.algaebiomass.org
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- 9. Biomass Production 9Algae Biomass Organization | www.algaebiomass.org
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- 11. Biofuels 11Algae Biomass Organization | www.algaebiomass.org
- 12. Wastewater Treatment 12Algae Biomass Organization | www.algaebiomass.org
- 13. Recycling/Monetizing Carbon Co-localized or Direct Air Capture Convert Waste CO2 (i.e., from ethanol production or rural power generation) to algae based products 13Algae Biomass Organization | www.algaebiomass.org
- 14. Food and Feed of the Future 14Algae Biomass Organization | www.algaebiomass.org Makers of algae-based fish feed ingredient celebrate reaching 350,000t mark
- 15. OU R VI SIO N Algae delivers global, game- changing food and feed solutions, providing an expansion of resources that protects out planet and feeds its growing population. Algal Biomass Organization | www.algalbiomass.org 15
- 16. Education Initiatives & Workforce Development Introduction to Algae 16Algae Biomass Organization | www.algaebiomass.org
- 17. Algal Biomass Organization | www.algalbiomass.org 17