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DOE announces up to $15 million to research biomass-based supplements for petroleum fuels
Story Date: 5/1/2012
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Source: DEPARTMENT OF ENERGY, 4/30/12
As part of President Obama’s blueprint for an economy fueled by homegrown and alternative energy sources, the Energy Department announced up to $15 million available to demonstrate biomass-based oil supplements that can be blended with petroleum, helping the United States reduce foreign oil use, diversify the nation’s energy portfolio, and create jobs for American workers. Known as “bio-oils,” these precursors for fully renewable transportation fuels could be integrated into the oil refining processes that produce conventional gasoline, diesel, and jet fuels without requiring modifications to existing fuel distribution networks or engines.
DOE expects to fully fund between five to ten projects in fiscal year 2012 to produce bio-oil prototypes that can be tested in oil refineries and used to develop comprehensive technical and economic analyses of how bio-oils could work. The prototype bio-oils will be produced from a range of feedstocks that could include algae, corn, wheat stovers, dedicated energy crops, and woody residues. Domestic industries, universities, and laboratories are all eligible to apply.
The results of the projects will inform future efforts directed at advancing bio-oil technologies and bringing these renewable fuels to market. A description of the funding opportunity, eligibility requirements, and application instructions can be found on the Funding Opportunity Exchange website under Reference Number DE-FOA-0000686.
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