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DoE announces biomass funding

2nd May, 2008

The US Department of Energy (DOE) will issue up to $7 million (€4.5 million) in federal funding over two years for advanced research and development in converting non-food based biomass to advanced biofuels.

Combined with private minimum cost share of 20 %, more than $8.75 million would be invested in this research effort.

DoE anticipates selecting between five and seven projects under this announcement and will require a minimum of 20% cost share from applicants. The research aims to lower the production costs of biofuels and expand the suite of biofuels produced and available in the US.

'By expanding the technical diversity and breadth of partners working to advance biofuels development, the Department is striving to change the way we power our nation's vehicles,' the DoE's biomass programme manager Jacques Beaudry-Losique states. 'Renewable energy sources must continue to play a growing role as we reduce our dependence on foreign oil, confront global climate change and secure clean reliable supplies of energy.'