From the Daily Standard’s Nancy Allen:

A company working to help solve Grand Lake’s blue-green algae problem also is researching turning algae into jet fuel.

Ross Youngs, CEO of Algaeventure Systems, the Marysville-based company conducting the silica test on the lake, said data gathered from Grand Lake may be used in the company’s study of jet fuel.
The company received a technology grant to research the technical and economic feasibility of producing aviation fuel for the U.S. Air Force from renewable resources grown in Ohio.
"We are already doing some of the preliminary work on Grand Lake to ultimately support that award," Youngs said, adding that was all he could say about the matter, based on an agreement with collaborators. "The steps to determine what the lake’s algae can be used for is something we are pursuing, independent of any of our current contracts."
Youngs said his company is looking at making numerous products from algae, such as nutritional supplements, human food, fish and/or livestock feed, adhesives and compounds typically made from petroleum, such as bioplastics.