DOE announces $10M in new funding for $3/gal advanced biofuels

In Washington, the US Department of Energy  announced up to $10 million in funding to advance the production of advanced biofuels, substitutes for petroleum-based feedstocks, and bioproducts made from renewable, non-food-based biomass, such as agricultural residues and woody biomass. This supports the Department’s efforts to make drop-in biofuels more accessible and affordable, as well as meet the cost target equivalent of $3.00 per gallon of gasoline by 2022.

EERE seeks diversification of the Bioenergy Technologies Office (BETO) portfolio to include a variety of chemical and biological upgrading technologies for the production of a suite of hydrocarbon fuels, fuel intermediates and chemicals (beyond ethanol) to be produced in an integrated fashion from biologically or chemically derived intermediate feed streams, such as but not limited to cellulosic sugars, lignocellulose derivatives, lignin, cellulosic alcohols, bio-solids and biogases.  For the purposes of this FOA lignocellulosic sugars will not be allowable fuel intermediates.

The Energy Department encourages industry to invest in the production of cost-competitive, advanced biofuels and bioproducts from renewable, abundant biomass.  Advancing and commercializing cost-competitive biofuels will help the Department work toward its goal of reducing current petroleum consumption in the United States by approximately 30 percent, and, in turn, enhance U.S. national security and reduce carbon emissions.

For more on the story, visit the Funding Opportunity Exchange  website here.