DOE to provide up to $10M for advanced projects

Source: Amanda Peterka, E&E reporter • Posted: Thursday, April 17, 2014

The Department of Energy will provide up to $10 million to manufacturers of advanced biofuels and other bioproducts.
DOE’s Office of Energy Efficiency and Renewable Energy announced the funding yesterday afternoon, noting that the new funds are part of the department’s efforts to make drop-in biofuels that can be used in existing infrastructure more accessible and affordable. DOE said that it is aiming to make drop-in biofuels $3 a gallon or less by 2022.”Government investment has been critical in enabling the development of technologies for the production of advanced biofuels,” DOE said in the funding announcement.DOE said the funding would be available for biofuels, substitutes for petroleum-based inputs and bioproducts made from non-food crops and agricultural residues.

Applications will be due in June, and award recipients will likely be announced in the fall.