[NEWS] Dept of Energy Spends $90 Million on 3 Biofuel Refineries
– by Eric Scheiner, May 10, 2016, CNS
The U.S. Department of Energy (DOE) has announced it’s spending $90 million in taxpayer dollars to advance their goal of producing at least three biofuel commercial plants over the next dozen years.
“The production of biofuels from sustainable, non-food, domestic biomass resources is an important strategy to meet the Administration’s goals to reduce carbon emissions and our dependence on imported oil,” a DOE release says.
“Today’s funding opportunity announcement will advance the Department’s goal of producing at least three total pioneer commercial plants over the next twelve years.”
Lynn Orr, DOE’s Undersecretary of Science and Energy says, “This funding opportunity will support companies that are working to advance current technologies and help them overcome existing challenges in bioenergy so the industry can meet its full potential.”
The $90 million is meant to assist in the construction of bioenergy infrastructure to integrate pretreatment, process, and convergence technologies.