U.S. DOE announces $10 million in advanced biofuel funding
The U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy announced a $10 million funding opportunity for the development, improvement and demonstration of technology for the production of substitutes for petroleum-based feedstocks, products and fuels.
The EERE is seeking to diversify the Bioenergy Technologies Office’s portfolio to include technologies that produce advanced biofuels to meet a cost target of $3 gallons gasoline equivalent for the production of hydrocarbon fuels by 2022. By emphasizing on advanced biofuels, BETO’s aimed to encourage investment in biofuel production technology.
The EERE anticipated awarding two to six projects $1 million to $3.5 million that fit within two topic areas. The first area will focus on single-step biological or chemical upgrading processes, while the second will center on hybrid chemical and biological upgrading processes with the integration of separation steps.
The deadline to submit full applications to the FOA is June 13 and applicants can learn more about the opportunity here.