Show Me Energy gets grant for bioenergy plant study
Centerview, Mo.-based Show Me Energy Cooperative has received a $125,000 grant from the Missouri Agricultural and Small Business Authority to help pay for a biomass energy plant feasibility study.
The study is already underway and results are expected to be available in January, according to Steve Flick, Show Me Energy board president. The plant would be built at the site of the co-op, Flick said, and would convert native grasses into liquid fuel and the remaining residue into power. The grasses would come from Show Me Energy’s 38-county Biomass Crop Assistance Program project area in Missouri and Kansas.
Flick couldn’t go into extensive detail about potential plans for the plant, such as what technologies were being evaluated, but he said the co-op has done its homework on evaluating potential for the facility and has a very good understanding of what the project would require in order to be successful. “I think we’re going to hit a home run with this one,” he said.
The grant was provided to Show Me Energy through the Missouri Agricultural and Small Business Authority. “It’s one of the best programs the department has initiated,” Flick said. “It’s competitive, and we were very fortunate.”
The MASBD grants are aimed to foster new enterprises that will aid rural economic development. The grants are funded from the sale of tax credits and can be used for business planning purposes, such as feasibility studies, marketing plans, business plans and legal assistance. The maximum grant amount is $200,000, and the recipient is required to provide a 10 percent cash match toward the eligible expenses.