U.S. DOE Awards up to $4 Million to Develop Advanced Biofuels & Bioproducts

The Energy Department today announced two additional projects selected to receive up to $4 million to develop next-generation biofuels that will help reduce the cost of producing gasoline, diesel, and jet fuels from biomass. These projects—in addition to five projects previously selected in October 2014 under the same funding opportunity—total a $17.3 million investment by the Department to develop technologies that will enable the production of clean, renewable, and cost-competitive drop-in biofuels at $3 per gallon of gasoline equivalent by 2022.

Advancing and commercializing cost-competitive biofuels will help the Department work toward its goal of reducing current petroleum consumption in the United States and, in turn, enhance U.S. national security and reduce carbon emissions.

These competitively selected research and development projects, located in Texas and Ohio, will focus on lowering biofuel production costs by converting lignin to valuable products other than heat and power.