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DOE Announces Funding for Bioenergy Research and Development Projects
Courtesy of Bergeson & Campbell, P.C.
On September 4, 2018, the U.S. Department of Energy (DOE) announced its support for projects in Bioenergy Research and Development. The projects total about $80 million and address early-stage research and development in the hopes of achieving DOE’s goal of reducing biobased costs in fuels by 2022. Funding for these projects comes from four different programs: BioEnergy Engineering for Products Synthesis, Efficient Carbon Utilization in Algal Systems, Process Development for Advanced Biofuels and Biopower, and Affordable and Sustainable Energy Crops. U.S. Secretary of Energy, Rick Perry, stated that “[t]he selections announced…highlight some of the most innovative and advanced bioenergy technologies that have the potential to produce new sources of reliable and affordable energy for American families and businesses.” A full list of the projects being funded can be found here.
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